IDEX enters into agreement with S.I.C. Biometrics
IDEX ASA has entered into a cooperation agreement with S.I.C. Biometrics for integration of SmartFinger Film fingerprint sensor and biometric algorithms into S.I.C.’s biometric security products and solutions.
Oslo, Norway, 20 June 2011: IDEX today announced that it has entered into a cooperation agreement with S.I.C. Biometrics Inc., based in Montreal, Canada.
S.I.C. designs, manufactures and internationally commercialises biometrics security products and solutions that are used to protect people, institutions, enterprises and buildings against theft, fraud and terrorism.
“IDEX is delighted to be working with S.I.C. who in addition to a long history of biometric technology expertise, also offers biometric security products for Apple(TM), BlackBerry(TM) and Android(TM) mobile platforms. We view this agreement as an important step forward, as we expand the market adoption of IDEX’ on-device fingerprint system products also into the mobile applications,” says Ralph W. Bernstein, chief executive officer of IDEX.
“IDEX’ smart and powerful technology will greatly contribute to accelerate S.I.C.’s new solutions plan. The combination of our two technologies will provide users of mobile and also other types of applications, many advantages including attractive pricing, simplicity and better security. The S.I.C. team is enthusiastic about this strategic agreement. By integrating IDEX’ technology into S.I.C.’s solutions, we will again bring further advancments to the biometric market,” states Eric Talbot, chief executive officer of S.I.C.
The agreement defines specific cooperation milestones for development, test and verification. Final qualification of S.I.C.’s biometric device incorporating the IDEX SmartFinger Film sensor is expected in the fourth quarter of 2011.
Based on successful qualification, it is the intent for the two companies to enter into a commercial agreement, under which IDEX will supply SmartFinger Film sensor products to S.I.C.
20 June 2011
About S.I.C. Biometrics
Founded in 1999, S.I.C. Biometrics Inc. designs, manufactures and internationally commercializes biometrics security products and solutions that are used to protect people, institutions, enterprises and buildings against theft, fraud and terrorism.
The S.I.C. team is committed to deliver the most secure, reliable and compatible products and solutions that meet the physical, logical and operational needs. S.I.C. is the only manufacturer to offer a biometric evolutionary platform in the industry that provides a full compatibility with existing systems and the best return on investment. The multidisciplinary team of S.I.C. will collaborate with the client’s operations team to make the analysis, the conception and the implementation of the solution answering the client’s current and future needs. For the large-scale projects in airports, governments, ports and others, the S.I.C. team-up with strategic partners such as Lockheed Martin, Allied Technologies and Accenture who bring additional resources and experiences and complementary technologies.
S.I.C. press contact:
Eric Talbot, President and CEO of S.I.C. Biometrics Inc., +1 450 424 2772.
IDEX ASA is a Norwegian public company specializing in fingerprint imaging and recognition technology. IDEX’ vision is to ensure individuals a safe, secure, and user-friendly use of personal ID.
IDEX has developed the award-winning SmartFinger Film technology platform including the patented fingerprint imaging principle, sensing scheme and chip design. Combined with core software solutions for imaging and authentication SmartFinger Film enables on-device enrollment, template storage and verification within the very same module. The SmartFinger Film sensor is thin and bendable and can be customized for a variety of applications such as One Time Password devices, Smartcards, ID cards, access control devices and biometric tokens. The SmartFinger technology is available to customers under an intellectual property licensing scheme or as SmartFinger Film sensor assemblies for integration into customers’ products.
IDEX ASA (ticker IDEX) is listed at the Oslo Axess market place on the Oslo Børs (Oslo stock exchange). For more information, please visit www.idexbiometrics.com or contact IDEX at: email@example.com
IDEX press contact:
Dr. Ralph W. Bernstein, CEO, IDEX ASA, +47 930 59 303, firstname.lastname@example.org.