IDEX ASA – First half of 2018 results

Oslo, Norway – 16 August 2018 – IDEX ASA, the leading provider of advanced fingerprint identification and authentication solutions, continues to make significant progress and remains decisively focused on solidifying its leadership position in the market for biometric cards. The company has finalized commercial discussions with specific customers, and is awaiting volume orders for its sensors.

In 2018, IDEX’s sensor for contact-based cards have successfully supported customer trials in multiple geographies and a launch in the Middle East, demonstrating the strong and growing interest in biometric smart cards throughout the payments industry. The sensor has passed all requirements for certification with a global payment provider.

In addition, IDEX’s sensor for dual-interface cards is also production ready for commercial market adoption. In July, the sensor successfully passed engineering integration and validation at Feitian Technologies and JINCO Universal selected IDEX’s sensor for its dual-interface cards. The solution is expected to have an accelerated path to market adoption, as a result of extensive learning from the sensor for contact-based cards.

IDEX is currently experiencing extremely strong interest for its solutions, particularly in Asia, where its number of active engagements have more than tripled within the last six months. The company expects additional orders from existing customers, as well as initial orders from multiple new customers and ecosystem partners during the second half of 2018.

IDEX is hosting a presentation of the results today, Thursday 16 August 2018, at 09:00 am CET at the Vika Atrium Conference Centre in Munkedamsveien 45 in Oslo. The presentation will be given by the CEO Stan Swearingen and CFO Henrik Knudtzon.

Please find the interim report for the first half of 2018 and the presentation of the results attached or linked at the end of this notice.

Charlotte Knudsen, Director of IR and Communications, +47 9756 1959,
Henrik Knudtzon, CFO, +47 9302 2827,

About IDEX Biometrics
IDEX Biometrics is a leading developer of advanced off-chip fingerprint sensors and complete system solutions to a range of biometrically-enabled applications, including smart cards, Internet of Things (IoT) and mobile. The company’s technology is based on a fundamentally unique architecture that delivers form factor flexibility and superior cost-performance characteristics. IDEX’s total addressable market represents a fast-growing multi-billion unit opportunity.

IDEX ASA is traded on the Oslo stock exchange under the ticker IDEX.

For more information, please visit and follow us on Twitter @IDEXBiometrics

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