IDEX opens office in the Silicon Valley area

Press release

IDEX opens office in the Silicon Valley area

Oslo, Norway, 21 October 2013: IDEX opens a California office in the Silicon Valley area. The office will be headed by Thar Casey, President of IDEX’s US subsidiary IDEX America Inc. Mr. Casey was previously CEO of PicoField Technologies, Inc.

On 23 September 2013 IDEX acquired technology and hired staff from PicoField Technologies, Inc.

“The Silicon Valley office gives us a presence right at the centre hotspot in a very important region for information technology and our business,” said Dr. Hemant Mardia, CEO of IDEX. “This is a significant step in achieving 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 office in Silicon Valley will be expanded to handle demand from customers and partners in line with business development.

“Silicon Valley is ground zero for innovation in technology today. We are excited to join this vibrant community by bringing our own experience, IP portfolio and future products to the Valley,” said Thar Casey, President of IDEX America. “Our goal is to make a strong presence in the Valley by partnering with the leaders in the ecosystem that drives advances in mobile devices.”

Apple’s release of its Touch ID technology in the iPhone 5S last month has put fingerprint technology squarely in the mobile technology spotlight, and the market is expected to show rapid growth.

“It is important to note that smartphone vendors other than Apple hold over 85 per cent of the market, and IDEX is one of three principal suppliers positioned to serve the mass market for increased authentication both on smartphones and other consumer devices. A footprint in Silicon Valley is very important to IDEX, and I am thrilled by the prospects from this jump-start of our presence in the USA, leveraging existing networks resulting from the PicoField agreement together with supporting strategic relationships resulting from IDEX reputation for industry leading fingerprint sensor IP and technology,” said Dr. Mardia.


Press contact
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 or contact IDEX at  


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