Zwipe partners with Hitachi High-Technologies
Hitachi High-Tech is the trading company of Hitachi Group. The framework agreement outlines outlining commitments for commercial and technical cooperation between Hitachi and Zwipe, including sales and distribution rights to the Japanese market. With this new alliance comes also the potential for high-volume manufacturing of the Zwipe product line through Hitachi High-Tech’s systems, as well as an extension for Hitachi High-Tech to selling into other geographic markets.
“Working with Hitachi High-Tech is a significant milestone for Zwipe,” said Kim Humborstad, CEO and founder of Zwipe. “We have already worked closely with Hitachi High-Tech for some time and this formal agreement is an acceleration of our close cooperation. Hitachi High-Tech have a strong presence in both the electronics and card industry, as well as a deep understanding of the end user market, so in many ways they are an ideal partner for us.”
According to a statement from Zwipe, Hitachi High-Tech is known for commercializing superior technology and products in a wide range of industries, including smart cards and secure access control cards.
“We are very excited to offer Zwipe’s innovative and attractive biometric solutions to the rapidly evolving Japanese market,” said Ichiro Matsuba, general manager of the electronic components and materials department of Hitachi High-Tech. “Having extensive experience and know-how of the Japanese card market, we see Zwipe’s biometric solutions as a great innovation that our customers will embrace and quickly adopt.”
Zwipe develops and markets technology to verify a person’s identity through fingerprints, a form of biometric authentication.