IDEX Announces FIDO Certification of Eagle Touch Fingerprint Sensors

Oslo, Norway, 16 June 2016: IDEX ASA, a leader in fingerprint imaging and recognition technology and IP, today announced that its Eagle family of off-chip touch fingerprint sensors has been FIDO® Certified by the Fast IDentity Online (FIDO) Alliance. The formal certification of IDEX’s sensor follows extensive testing to ensure compliance and interoperability among various products and services that support FIDO specifications.

The stated mission of the FIDO Alliance is to change the nature of authentication by developing specifications that define an open, scalable, and interoperable set of mechanisms capable of delivering a secure alternative to passwords. As a member of the FIDO Alliance since 2013, IDEX fully supports the ongoing development and promotion of exceptional standards for fingerprint sensor enabled authentication. The certification of Eagle sensors represents a meaningful milestone for IDEX as well as its continued commitment and contribution to FIDO specifications.

“We are very pleased to announce that our Eagle off-chip sensors are now FIDO certified. We strongly believe that security and reliability are two of the key drivers required for the rapid adoption of fingerprint authentication, and IDEX remains committed to delivering easy-to-use, high-performing, and most importantly secure fingerprint sensor solutions that readily adhere to industry standard specifications,” said Art Stewart, SVP of Product Management at IDEX. “The FIDO certification of our Eagle family of touch sensors serves as further product validation to customers, while also encouraging incremental adoption by demonstrating proven compatibility with best-in-class standards and devices across the authentication ecosystem.”

IDEX previously announced it has commenced shipment of its Eagle sensors in fulfillment of production volume orders for IoT applications, and the Company continues to actively sample its Eagle product family for smartphone applications with the goal of securing design wins in the second half of 2016.

Web: www.idexbiometrics.com
Twitter: http://www.twitter.com/idexasa
LinkedIn: http://www.linkedin.com/company/idex-asa

Contact:
Hemant Mardia, CEO, +44 7788 922 171, hm(at)idexbiometrics.com
Henrik Knudtzon, CFO, +47 9302 2827, hk(at)idexbiometrics.com

About IDEX

IDEX has developed the world’s most advanced fingerprint imaging, recognition and authentication technology. IDEX’s innovative Intellectual Property (IP) is protected by a comprehensive portfolio of 44 granted and pending patent families, which continues to grow through ongoing innovation.

The IDEX business model is based on designing innovative fingerprint sensor IP and products, which IDEX sells and licenses global Original Equipment Manufacturers (OEM) partners. These partners utilise IDEX IP in a range of biometrically enabled products. The customers are either purchasing IDEX fingerprint sensor units or paying a royalty on units they produce. IDEX’s addressable market represents a multi-billion unit opportunity, centred on three core markets:

– Mobile Devices
– ID security and Smart Cards
– The Internet of Things

IDEX offers a complete touch sensor portfolio consisting of the most highly accepted capacitive sensing techniques in circulation today, including Eagle trans-capacitive off chip sensing and Cardinal active capacitive silicon sensor solutions, all with broad IP backing. Both product categories within the IDEX portfolio of touch sensors are complete system solutions including image delivery hardware, tightly coupled software control and matching algorithm, trusted execution environment and FIDO(TM) compliant reference designs, as well as established module partner options.

IDEX ASA (ticker IDEX) is a Norwegian public company, founded in 1996, and its shares are listed on the Oslo Børs (the stock exchange in Oslo). For more information, please visit www.idexbiometrics.com or contact IDEX at hk(at)idexbiometrics.com

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This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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