IDEX opens development centre in Boston

Press release

IDEX opens development centre in Boston

Oslo, Norway, 23 October 2013: IDEX opens its second US location, a development centre in metropolitan Boston, Massachusetts. Recently, IDEX opened an office in Silicon Valley.

Key members of the Boston team will be Fred Benkley, CTO of IDEX America Inc., and David Geoffroy, Director of Engineering at IDEX America Inc. Previously, Messrs. Benkley and Geoffroy were senior technical managers at PicoField Technologies, Inc. IDEX acquired technology and hired staff from PicoField on 23 September 2013.

Benkley and Geoffroy were the two founders of US fingerprint sensor company Validity Sensors, Inc., where they held senior technical positions.

“Opening our Boston metropolitan office enables our experienced US technology team along with IDEX ASA to expand the patent portfolio, implement next generation fingerprint sensor products more rapidly, tap into the local talent base, and strengthen our global presence in the mobile market,” said Benkley.

The development centre is the major technical department of IDEX America, and will form an integral part of IDEX’s technical development activities in addition to those at the group’s head office in Norway. Thar Casey, also formerly with PicoField, will be President of IDEX America, located at IDEX America’s office in Silicon Valley. The IDEX America staff will be expanded to serve customers and partners.

“The Boston and Silicon Valley sites are important as IDEX leverages on the strong interest in fingerprint technology, which was boosted by Apple’s recent release of its Touch ID technology in the iPhone 5S,” said Dr. Hemant Mardia, CEO of IDEX. “This market has significant momentum, and IDEX now has a solid presence in the United States,” he added.

The fingerprint sensor market is expected to show rapid growth as the other smartphone vendors follow in Apple’s path.

“IDEX is one of only three principal suppliers with established low cost fingerprint sensor technology designed to serve the 85 per cent smartphone market share outside Apple. We are confident that our current and future swipe and touch sensor products will be highly competitive and successful in the market,” Dr. Mardia commented. “We have a strong technology and patent portfolio. The SmartFinger sensor is competitively priced. It is secure, low profile and delivers superior biometric performance.”


Press contacts
Hemant Mardia, CEO,  +44 7788 922 171, hm(at)
Thar Casey, President IDEX America,  +1 925 337 1981,  Thar(at)

About IDEX
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.comor contact IDEX at


This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.