IDEX Biometrics and Excelsecu to collaborate to bring to market battery-less dual-interface biometric smart cards with display

Oslo, Norway, 4 December 2018: IDEX Biometrics (IDEX ASA), the leading provider of advanced fingerprint identification and authentication solutions, is pleased to announce that it is collaborating with Shenzhen Excelsecu Data Technology Co., Ltd (Excelsecu) to develop battery-less dual-interface biometric cards with display.

Excelsecu is a leading Chinese supplier and solution provider of data security. The company’s product portfolio includes a wide range of security products including display cards, authentication dongles and tokens, as well as smart cards. Excelsecu’s customers span the financial services industry plus government and enterprise. Several of China’s largest banks are customers including the Industrial and Commercial Bank of China, the Agricultural Bank of China, and the Bank of Communications.

Stan Swearingen, CEO of IDEX Biometrics comments, “Excelsecu is a well-established and trusted player in the Chinese data security space. The company offers a range of high quality authentication products, and we strongly believe many of these products will become even more secure and convenient with the addition of our fingerprint technology and biometric systems expertise.”

Liuzhang Chen, VP of Excelsecu continues, “Demand for higher levels of security, coupled with a positive user experience, are essential for success in today’s digital world. Excelsecu is always innovating and looking to develop products which address these demands. Working with IDEX Biometrics, to bring to market dual-interface biometric smart cards with display, is a great example of our innovation. We look forward to working with the IDEX team and using their market leading technologies to make this innovative product a reality.”

Contacts:
Henrik Knudtzon, CFO,
+47 9302 2827, henrik.knudtzon@idexbiometrics.com

Yvonne How, International Business Development,
+86 755 86169406, es_sales@excelsecu.com

About Shenzhen Excelsecu Data Technology Co., Ltd. (Excelsecu)
Established in 2006 Excelsecu is the biggest solutions provider in Digital banking, Identity and Access Management in South China. The company has always been committed to providing customers with a comprehensive service offering, including Solution, R&D, Production, Sales and After-Sales in the areas of Digital banking, Payment, E-retailing and E-government, etc. Excelsecu has served more than 300 B2B customers and the total number of B2C customers has reached 90 million. The factory of Excelsecu, which manufactures credit cards, has passed MasterCard, Visa, UnionPay certification.

The specialty products of Exelsecu includes: USB & Bluetooth Key, FIDO, Fingerprint Card, Hardware Wallet, Dynamic CVV and One-Time Password Card, Java Card, QR Generator, Applet based on Java platform, and SDK.

For more information, visit http://www.excelsecu.com/about/

About IDEX Biometrics
IDEX Biometrics, also known as IDEX ASA (OSE: IDEX), is the 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.

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