IDEX opens office in Hong Kong
IDEX opens office in Hong Kong
Oslo, Norway, 20 December 2013: IDEX opens an office in Hong Kong. The Hong Kong office will be the first regional Asian office as Idex expands its sales and support in South East Asia.
This is the third regional IDEX representation opened in the fourth quarter of 2013. In October the company opened an office in Silicon Valley and a development centre in Boston.
“The Hong Kong office gives us a presence at the centre of a very important region for the telecom and information technology industries and our business,” said Dr. Hemant Mardia, CEO of IDEX. “This is a further significant step in establishing a global presence for IDEX in order to exploit the rapidly increasing demand for fingerprint biometrics in the consumer market, and especially for low-cost swipe and touch sensors for mobile devices,” he added.
The Hong Kong office will support customers and partners in connection with IDEX’s business development activities.
Apple’s release of its Touch ID technology in the iPhone 5S in September has put fingerprint technology squarely in the mobile technology spotlight, and the market is expected to show rapid growth. IDEX has in addition seen a dramatic increase in interest from first-tier players following Synaptics’ acquisition of Validity in October.
“It is important to note that smartphone vendors other than Apple hold over 85 per cent of the market. IDEX is one of three principal suppliers positioned to serve that part of the mass market for increased authentication both on smartphones and other consumer devices. A strong presence in Asia is very important to IDEX, and the opening of this office is the first stage to enable a broader sales and support team for our clients and partners. IDEX will further strengthen its position in Asia in 2014 to support the imminent growth we foresee in fingerprint adoption for both consumer devices, cards, access control and the Internet of Things,” said Dr. Mardia.
Hemant Mardia, CEO, +44 7788 922 171, hm(at)idexbiometrics.com
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