Saturday, June 27, 2015 10:01:04 PM
ET Net News Agency, 20 March 2015.
World Wide Touch Technology (WWTT) said it entered into a memorandum of understanding with Giesecke & Devrient (China) Information Technologies Co Limited to form a business partnership to explore business opportunities in the biometric market.
WWTT shall purchase and G&D China shall supply the secure and "Trusted" Java OS and supporting security software that runs in the secure element chipset, which is to be implemented in the next generation of the hardware and software solutions of FingerQ.
G&D China shall become the non-exclusive distributor for FingerQ MCO products, mainly responsible for marketing and selling products and solutions of FingerQ MCO at the People's Republic of China.
G&D China is an indirect wholly-owned subsidiary of Giesecke & Devrient, a company incorporated in Leipzig at Germany in 1852 which is a global technology leader in banknote production and processing.
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October 8, 2014
In Jan 2014 IDEX announced an initial volume order for 300,000 units from World Wide Touch Technology (Holdings) Limited (WWTT) for fingerprint sensors based on IDEX unique swipe technology. Following the successful evaluation of IDEX's new touch based sensor technology, we have now jointly agreed with WWTT to convert the initial order from swipe to touch sensors reflecting the strong positive market reaction to these devices.
These sensors will be incorporated into the WWTT Finger Q product line
which is a smart biometric security system consisting of a range of mobile peripherals and a proprietary secure software solution.
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