IDEX Biometrics and Fudan Microelectronics Collaborate on Biometric Card Systems Integration
Oslo, Norway, 26 October 2020: IDEX Biometrics ASA, a leading provider of advanced fingerprint identification and authentication solutions, is collaborating with Shanghai Fudan Microelectronics Group Co. Ltd (FMSH), a leading company in the design and development of ASICs and complete systems solutions, to integrate IDEX’s biometric solutions with Fudan Microelectronics’ latest generation Secure Element (SE) targeted at multiple market segments. FMSH develops SEs and solutions that support payment, medical insurance, transportation, ID and emerging digital currency standards and has shipped over 10 billion ASICS.
“A key part of IDEX’s strategy is to partner with SE industry leaders,such as FMSH, to provide solutions to all global card manufacturers,” said Vince Graziani, CEO, IDEX Biometrics. “When coupled to previously announced SE engagements with HED, Infineon, TMC, IDEMIA/Zwipe and others to follow, IDEX has the largest portfolio of SE partnerships enabling smart card manufacturers to use their existing SE technology investments such as card operating systems. Broad SE support is critical to enable the expected rapid acceleration of biometric card deployments.”
For further information contact:
Marianne Bøe, Investor Relations
Tel: + 47 918 00186
Derek D’Antilio, Chief financial Officer
Tel: +1 197 827 31344
About IDEX Biometrics
IDEX Biometrics ASA (OSE: IDEX and OTCQB: IDXAF) is a leading provider of fingerprint identification technologies offering simple, secure and personal touch-free authentication for all. We help people make payments, prove their identity, gain access to information, unlock devices or gain admittance to buildings. We invent, engineer, and commercialize these secure and safe 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 on Twitter @IDEXBiometrics
The wordmark ‘IDEX’ and the IDEX logo are registered trademarks of IDEX ASA. All other brands or product names are the property of their respective holders.
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act