Fingerprint Cards completes private placement of SEK 28 M


<p>
	Fingerprint Cards (FPC) discloses that the company has today implemented a
private placement of 3,940,000 new Class B shares, corresponding to about 9.9%
of the number of shares outstanding in the company. The new share issue
provides the company with SEK 28 M before deductions for issue expenses.</p> 
<p>
	The private placement was targeted at a few institutional investors in Sweden
and internationally at a price of SEK 7.00 per share. The proceeds from the
private placement will facilitateaccelerated expansion and development of the
company, its market and products.</p> 
<p>
	&#160;</p>
<p>
	To implement the share issue, the Board of Directors of Fingerprint Cards AB
(publ) decided, pursuant to authorization granted by the 2010 Annual General
Meeting, on a private placement &#160;of 3,940,000 new Class B
shares,disapplying the shareholders&#8217; preferential rights. The
subscription price of the private placementcorresponded to a discount of
approx. 7.5% compared with the 10-day volume-weighted average share price. As a
result of the share issue, the number of shares in the company will increase by
3,940,000 Class B shares from 39,669,586 shares to a total of 43,609,586 shares
and share capital will increase by SEK 788,000 from SEK 7,933,917 to SEK
8,721,917.</p> 
<p>
	Johan Carlstr&#246;m, CEO of FPC, comments on the private placement:</p>
<p>
	&#8220;We are delighted at the interest shown by institutional investors, both
in Sweden and internationally, and welcome them on board as shareholders. This
successful transaction enhances FPC&#8217;s financial position and facilitates
faster product development in the rapidly growing market for fingerprint
sensors, as well as software development aimed at supporting a handful of
different mobile operating systems. The interest aroused by our line sensors in
the past quarter has strengthened our opinion that the integration of
fingerprint sensors in mobile phones for personal verification, navigation and
safe payment is heading for a global breakthrough.&#8221;&#160;</p> 
<p>
	Advisor</p>
<p>
	Carnegie Investment Bank served as financial advisor in connection with
private placement.</p> 
<p>
	&#160;</p>
<p>
	<strong>Fingerprint Cards AB (FPC) </strong>develops, produces and markets
biometric components that through analysis and matching of an
individual&#8217;s unique fingerprint verify the person&#8217;s identity. The
technology consists of biometric sensors, processors, algorithms and modules
that can be used separately or in combination with each other. The competitive
advantages offered by FPC&#8217;s technology include unique image quality,
extreme robustness, low power consumption and complete biometric systems. With
these advantages and the ability to achieve extremely low manufacturing costs,
the technology can be implemented in volume products, such as smart cards and
mobile telephones, where extremely rigorous demands are placed on such
characteristics. FPC&#8217;s technology can also be used in IT and Internet
products for security and access control. Fingerprint Cards AB (FPC) is listed
on Nasdaq OMX Stockholm (FING B) and has its head office in Gothenburg,
Sweden.</p> 
<p>
	&#160;</p>
<p>
	<strong>For further information contact: </strong></p>
<p>
	Johan Carlstr&#246;m, President and CEO, Fingerprint Cards AB (publ), +46
31-607820, investrel@fingerprints.com</p> 
<p>
	Fingerprint Cards AB (publ), Box 2412, SE-403 16 Gothenburg, Sweden,
www.fingerprints.com</p> 
<p>
	Publication pursuant to Swedish legislation: Fingerprint Cards AB (publ)
discloses this information pursuant to the Securities Market Act (2007:528)
and/or the Financial Instruments Trading Act (1991:980). The information was
issued for publication on 11 April, 2011, at 8.00 a.m.</p> 
<p>
	&#160;</p>
<p>
	IMPORTANT INFORMATION</p>
<p>
	The issue, publication or distribution of this press release in certain
jurisdictions could be subject to restrictions. The recipient of this press
release is responsible for ensuring that the use of this press release and the
information contained herein comply with the regulations applicable in the
particular jurisdiction. This press release does not constitute an offer or an
offering to acquire or subscribe for any Fingerprint Cards securities in any
jurisdiction.</p>

Attachments

2011-04-11_pm_fpc_nyemission_eng.pdf
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