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Gothenburg, Sweden and Ahmedabad, Gujarat - April 28, 2025 – Fingerprint Cards AB (FPC), a global leader in biometric technology, is pleased to announce that Mantra Softech India Private Limited, India’s leading biometrics and RFID technology company, has extended its licence for FPC’s iris recognition software platform. This strategic move aims to further strengthen Mantra's position in the Indian market, but also support their expansion into emerging markets, integrating advanced iris recognition technology into their security solutions.

Mantra has been a pioneer in the Indian biometrics industry, and continues to innovate and expand its product offerings. The extended iris licence expands the scope of Mantra’s rights, enabling them to incorporate FPC's cutting-edge iris recognition technology into more of their authentication and enrollment devices, particularly for the UIDAI Program (Aadhaar) and MOSIP applications.

FPC and Mantra began their collaboration in 2021 when Mantra signed a multi-year licence deal for FPC’s iris technology. The big appeal to Mantra was that the Iris recognition technology from FPC offered higher security and convenience, supporting large field-of-view and long-distance operation on cost-effective off-the-shelf hardware.

Mantra's commitment to innovation and excellence is reflected in their continuous efforts to integrate the latest technologies into their products, and through today’s extension of their licence with FPC to expand into new markets.

Mantra’s target applications of FPC’s iris solutions include:

• PDS (Public Distribution System)/NREGA (National Rural Employment Guarantee Act): Ensuring that beneficiaries are verified to confirm the correct distribution of entitlements offered by the Government, in an effort to reduce fraud.

• Banking & Financial Security: Integrating iris recognition devices for transactions, including withdrawing cash or approving online payments, and Know-Your-Customer (KYC) initiatives to gather information and verify customers.

• SIM Distribution: Regulating SIM card distribution for mobile operators to verify and authenticate their customers.

• Government & National ID Systems: National ID programs to ensure secure and foolproof identity verification for services such as life certificates and other social benefits run by central & state Governments.

• Healthcare & Secure Access: Managing free medical services, medical records and restricted areas, ensuring that only authorized personnel can view sensitive patient information.

• Border Control & Immigration: E-gates at international borders, allowing for swift and secure traveler authentication.