Fingerprint Cards Lands $2.5M Licensing Pact with Egis for PC Biometrics

Published Date : 8/8/2025 

Fingerprint Cards, a leading biometric firm, has signed a licensing agreement with Egis Technology for PC-related biometric assets worth $2.5 million. This deal aligns with Fingerprint Cards' strategy to monetize its existing IP and focus on developing new authentication technologies. 

Fingerprint Cards, a prominent player in the biometric industry, has entered into a biometrics licensing agreement with Egis Technology for PC-related assets valued at approximately 24 million Swedish kronor (US$2.5 million). This move comes as Fingerprint Cards discontinues its mobile and PC biometrics product lines, shifting its focus to identity management and other emerging segments.

The company emphasizes that this contract will enable it to generate revenue from its existing intellectual property while maintaining its commitment to developing advanced authentication technologies. Adam Philpott, CEO of Fingerprint Cards, stated, “This agreement with Egis aligns well with our strategy to monetize and unlock value from existing IP assets. The cash infusion will further strengthen FPC’s balance sheet and enhance our financial flexibility.”

Fingerprint Cards has been undergoing a significant business transformation, which has included the discontinuation of its mobile and PC biometrics lines. This shift was reflected in a notable decline in revenues: in 2024, the company reported revenues of $38.5 million, a substantial decrease from $67.3 million the previous year. However, recent financial results from the first quarter of this year show promising signs of recovery, with revenues doubling year-over-year to reach $1.9 million, accompanied by a 56.6 percent gross margin.

This biometrics licensing deal marks the third such agreement for Fingerprint Cards this year. Earlier in the year, the company extended its licensing agreement with Mantra Softech and signed a deal with Smart Eye for iris biometric technology, targeting both civil identification and the automotive industry. Additionally, Fingerprint Cards partnered with an unnamed IP advisory firm in early 2025 to commercialize its biometric technology.

The payment from Egis is expected to be received mostly in the third quarter of 2025, and the deal includes royalty payments based on Egis’s shipment volumes to PC manufacturers. This arrangement builds on an existing partnership between Fingerprint Cards and Egis in the mobile sector. Last year, the two companies signed a deal allowing Egis to integrate Fingerprint Cards' mobile product lines into its current mobile platforms.

At the time, Fingerprint Cards noted that while this partnership might not yield immediate financial gains, it would offer future revenue opportunities, including from development work associated with the licensed biometric solutions. The company also announced that some of its mobile business employees would transition to Egis due to the wind-down of its mobile business operations. 

Frequently Asked Questions (FAQS): 

Q: What is the value of the biometrics licensing deal between Fingerprint Cards and Egis Technology?

A: The biometrics licensing deal between Fingerprint Cards and Egis Technology is valued at approximately 24 million Swedish kronor (US$2.5 million).

Q: Why is Fingerprint Cards discontinuing its mobile and PC biometrics product lines?

A: Fingerprint Cards is discontinuing its mobile and PC biometrics product lines to focus on identity management and other emerging segments, aligning with its strategy to develop new authentication technologies.

Q: How will the licensing deal with Egis Technology benefit Fingerprint Cards?

A: The licensing deal with Egis Technology will allow Fingerprint Cards to generate revenue from its existing intellectual property and enhance its financial flexibility, supporting the company's strategic transformation.

Q: What other licensing agreements has Fingerprint Cards signed this year?

A: This year, Fingerprint Cards has signed licensing agreements with Mantra Softech and Smart Eye, in addition to the deal with Egis Technology. These agreements cover various biometric technologies and target different industries.

Q: When is Fingerprint Cards expected to receive the payment from Egis Technology?

A: Fingerprint Cards expects to receive most of the payment from Egis Technology in the third quarter of 2025, with additional royalty payments based on Egis’s shipment volumes to PC manufacturers. 

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