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TOPPAN FORMS CO., LTD.

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Toppan Forms : Zwipe partners with Toppan Forms CardáTechnologies Ltd on biometric payment cards

04/22/2020 | 03:01am EST
OSLO, NORWAY- 22 April 2020 - Biometric fintech company Zwipe is pleased to
announce that it has signed an agreement with Toppan Forms Card Technologies
Limited, the strongest local card manufacturer in the Hong Kong and Macau
region, to collaborate on the product positioning, development and
commercialization of biometric payment cards.

Toppan Forms Card Technologies Limited has an extensive customer network with
the large banks in Hong Kong and Macau, offering a wide range of data management
and card solutions. The company is an authorized VISA, MasterCard, China
UnionPay, JCB and AMEX card manufacturer in Hong Kong. Using the strengths it
has obtained in the data management area, the company is working to create new
value as a digital hybrid company that is able to provide products and services
with security elements.

 "Biometric payment cards can be a lucrative product for us considering the
types of banks we have as customers, with many high net worth clients. We are
eager to integrate Zwipe's technology including Zwipe Pay ONE, providing a
premium status product which strengthens the contactless payment experience
enabling more secure and convenient options for cardholders thanks to its
enhanced biometric features," said Mr. Joseph Hui, Deputy Managing Director of
Toppan Forms Card Technologies Limited.

"Our collaboration with Toppan Forms Card Technologies Limited is another
important step for Zwipe as we prepare to roll out our Zwipe Pay ONE platform.
Working with strong local players connected to leading issuers in their markets
will be instrumental in enabling the scaling of our offering going forward,"
said André Løvestam, CEO of Zwipe.

###

About Toppan Forms Card Technologies Limited.

Toppan Forms (Hong Kong) Group founded Toppan Forms Card Technologies Limited
(TFCT) in 1982 as its first step of diversification in becoming a trusted total
service provider. We provide a variety of card solutions, card issuance systems
and services for the ever-expanding IT market. In light of our company mission
to be an innovation frontier, the company enriches the integrated IT solutions
offering in terms of Robotic Solutions, Access Control and e-Application. The
company is working to create new value as a Digital Hybrid Company that is able
to provide products and services from both the analog and digital aspects. To
visit our website www.toppanforms.com

For more information, please contact us +852 2519 6388 contact@toppanforms.com

About Zwipe

Zwipe is a technology solution provider that enables battery-less, ultra-low
-power, self-contained biometric authentication solutions. Together with an
ecosystem of partners including global brands within security, financial
services and ID applications, Zwipe is "Making Convenience SecureT" for banks,
merchants and consumers. Using advanced fingerprint recognition while protecting
personal information, Zwipe's solutions address the data theft pitfalls inherent
in traditional authentication methods. Headquartered in Oslo, Norway, Zwipe has
spent the last 10 years developing its unique power harvesting technology
platform in combination with security solutions based on international
infrastructure standards. To learn more, visit www.zwipe.com



For further information please contact: André Løvestam, CEO, +47 991 66 135
info@zwipe.com

Click here for more information

© Oslo Bors ASA, source Oslo Stock Exchange

Stocks mentioned in the article
ChangeLast1st jan.
TOPPAN FORMS CO., LTD. 0.00% 1547 Delayed Quote.0.00%
TOPPAN PRINTING CO LTD -1.51% 2153 Delayed Quote.1.39%
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Financials
Sales 2022 216 B 1 895 M 1 895 M
Net income 2022 5 910 M 51,9 M 51,9 M
Net Debt 2022 - - -
P/E ratio 2022 29,1x
Yield 2022 1,62%
Capitalization 172 B 1 508 M 1 507 M
Capi. / Sales 2022 0,79x
Capi. / Sales 2023 0,81x
Nbr of Employees 9 545
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Koichiro Sakata Director, GM-General Affairs & Head-Legal Affairs
Keitaro Fukushima Senior MD, GM-Finance & Head-Corporate Planning
Atsushi Ito Chairman
Hideo Inoue Director & Chief Information Officer
Kazuko Rudy Independent Outside Director
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