IDEX 1H 2012: Breakthrough for fingerprint sensors in commercial and consumer markets
- A market quantum leap for biometrics
- Manufacturing and sales prospects
- Strategic partner development process
- Customer commissioned technical feasibility study
IDEX has experienced extensive interest in the company’s unique fingerprint sensors in the first half of 2012. In July Apple made an offer for the fingerprint biometrics and mobile security firm AuthenTec priced at USD 356 million. Apple’s anticipated entrance into the fingerprint market, and renewed focus on cloud security, mobile payments and internet of things-solutions, has increased the interest in IDEX’s patented SmartFinger® technology.
“The market for fingerprint sensors has reached an important breaking point and IDEX’s team is dedicated to exploit this opportunity. We focus on top-tier industrial partners, in order to implement the patented IDEX SmartFinger technology in a broad range of products,” said Ralph W. Bernstein, CEO of IDEX.
It is expected that Apple will use fingerprint sensors as an enabler of a number of secure applications using mobile devices.
“This is the final confirmation of mass adoption of fingerprint biometrics, and represents a game changer in the markets for secure mobile payments, mobile banking, online commerce, ID and access. As one of very few companies with early, unique, core know-how and patented intellectual property, IDEX is well positioned to play a key role in this industry,” Bernstein added.
The full report and financial statements are enclosed in pdf file.
Dr. Ralph W. Bernstein, CEO, +47 930 59 303, ralph.bernstein(at)idexbiometrics.com
Inge Berge, IRO, +47 932 68 836, inge.berge(at)idexbiometrics.com