IDEX Biometrics and DWA collaborate to bring biometric secure access smart cards to market
Oslo, Norway, 13 November 2019: IDEX Biometrics ASA, a leading provider of advanced fingerprint identification and authentication solutions, has been chosen by DongWoon Anatech, a specialist inlay and biometric algorithm supplier in Asia, to supply its SmartFinger® IDX 3200 sensor for use in secure access biometric ID cards.
IDEX was chosen by DongWoon Anatech as the partner of choice in this application because its leading dual-interface sensor provides superior biometric performance, low power consumption and increased sensor flexibility. Dongwoon Anatech will work with a third-party card manufacturer to produce the final secure access ID card, planning for global promotion and supply.
The secure access market is evolving at a rapid pace and the introduction of biometrics offers end-users a unique and personalised security solution. This agreement with DongWoon Anatech builds on IDEX’s earlier success in the secure access market following the multi-year shipment agreement with the provider of global financial news and IT services announced in April this year. IDEX expects material shipments of sensors for this market to begin in H1 2020.
Dave Orme, SVP of Sales and Marketing at IDEX Biometrics comments: “DongWoon Anatech have long been at the forefront of secure access solutions and we are excited to be joining forces and sharing our biometric expertise.”
Young Kyu Han, SVP of DongWoon Anatech adds: “IDEX’s superior fingerprint technology and systems expertise made them the obvious partner of choice. This technology represents the next generation of secure access solutions and I’m looking forward to offering this unique solution to our customers.”
For further information contact:
Stuart Hunt, Head of Investor Relations & Communications
+44 (0)1276 534 632
About DongWoon Anatech
Dongwoon Anatech is a Listed Company (KOSDAQ). We have more than 20 years of experience in the semiconductor industry, specializing in analog and power driver IC including AF Driver IC which ranks the top in the worldwide market. We make fingerprint modules that can apply to various fields such as digital door locks, cold wallets, lockers and ID cards & access ID cards.
For more information, visit www.dwanatech.com
About IDEX Biometrics
IDEX Biometrics ASA (OSE: IDEX and OTC: IDXAF) is a leading provider of fingerprint identification technologies offering simple, secure and personal authentication for all. We help people make payments, prove their identity, gain access to information, unlock devices or gain admittance to buildings with the touch of a finger. We invent, engineer and commercialize these secure, yet incredibly user-friendly solutions. Our total addressable market represents a fast-growing multi-billion-unit opportunity.
For more information, visit www.idexbiometrics.com and follow @IDEXBiometrics
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.