IDEX finalizes global partnership agreement in mobile communication
IDEX ASA announced 12th of March 2013 that a term sheet with a global partner serving the mobile communications market had been agreed.
The global partner and IDEX have now finalized the partnership agreement where the terms and contents cannot be disclosed due to commercial reasons.
“We are very pleased that we have secured a comprehensive agreement with a strong global partner serving the mobile market,” said acting CEO Ralph W. Bernstein of IDEX.
Technical collaboration activities are ongoing and this agreement is a major milestone in delivering IDEX technology into the mobile market.
10 May 2013
Inge Berge, Business Development and IR +47 9326 8836, firstname.lastname@example.org
IDEX ASA specialises in fingerprint imaging and recognition technology. IDEX’s vision is to ensure individuals a safe, secure, and user-friendly use of personal ID. IDEX has developed the award-winning SmartFinger® technology platform based on the company’s core intellectual property, including the patented fingerprint imaging principle, sensing scheme and chip design. Combined with core software solutions for imaging and authentication, the SmartFinger technology enables on-device enrollment, template storage and verification within the very same module. SmartFinger solutions can be seamlessly integrated into a variety of embedded applications such as mobile phones, one-time password devices, Smartcards, payment and ID cards, payment terminals, access control devices and biometric security and login tokens.
IDEX ASA (ticker IDEX) is a Norwegian public company listed at the Oslo Axess marketplace on the Oslo Børs (Oslo stock exchange). For more information, please visit www.idexbiometrics.com or contact IDEX at email@example.com
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.