Fingerprint Cards AB (publ) licenses PC assets to Egis Technology in SEK 24 million deal, with additional royalty upside tied to OEM volumes

Core Insights - Fingerprint Cards AB (FPC) has entered into an agreement to license certain PC-related assets to Egis Technology for approximately SEK 24 million (USD 2.5 million), with most payment expected in Q3 2025 [1] - The agreement builds on an existing partnership with Egis in the Mobile sector, leveraging Egis' production capabilities and FPC's biometric innovation expertise [2] - CEO Adam Philpott stated that this agreement aligns with FPC's strategy to monetize existing IP assets, strengthen its balance sheet, and support investments in new revenue streams [3] Company Overview - Fingerprint Cards AB (FPC) is a global leader in biometrics, providing solutions that enable secure and convenient authentications across various devices and platforms [5] - The company aims to drive the transition to a passwordless world through its cloud-based identity management platforms, supporting multiple biometric modalities [5]