IDEX enters into agreement with UINT
IDEX ASA has entered into a cooperation agreement with UINT for integration of SmartFinger Film fingerprint sensor and biometric algorithms into UINT designed security products and solutions.
Oslo, Norway, 22 June 2011: IDEX today announced that it has entered into a cooperation agreement with UINT whereas UINT intends to incorporate IDEX SmartFinger® Film fingerprint sensor and biometric algorithms into a powered thin and bendable electronic banking card compliant to ISO standard.
UINT with its head office in Orsay, France and a branch office in Shanghai, China, aims to be a leader in embedded electronics in various powered devices especially ISO-format cards. UINT offers powered inlay technologies and flexible circuitry with electronic components. The company performs engineering R&D and related services, and secure electronics information exchange platforms.
“IDEX is delighted to be working with UINT who has a team of experienced industry professionals with a long history of biometric technology expertise,” says Ralph W. Bernstein, chief executive officer of IDEX.
The agreement defines specific cooperation milestones for development, test and verification. Final qualification of the biometric device incorporating IDEX’ SmartFinger Film sensor is expected in 2012.
Based on successful qualification, it is the intent for the two parties to enter into a commercial agreement.
22 June 2011
UINT is a card engineering design house, which invents, designs and manufactures active smart cards for its own distribution channel and for its customers. UINT aims to be a leader in embedded electronics in various powered devices especially ISO-format cards that are autonomous (carrying its own energy).
UINT’s PhDs and engineers deploy their strong experience in research and development of electronics, security transactions and manufacturing of smart cards, mastering all the processes and life cycles of products from inception to manufacturing. UINT is based in Orsay, France. UINT is member of different clusters such as System@tic, Scientipôle Initiative, PÔLE TES and Optics Valley.
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