IDEX partners with Sian to accelerate high volume production of biometric smart cards
Oslo, Norway, 22 May 2019: IDEX Biometrics ASA, the leading provider of advanced fingerprint identification and authentication solutions, is pleased to announce that it has entered into partnership with Sian Intelligent Technology Co, Ltd. (“Sian”), a leading Chinese smart card manufacturer, specializing in the development, design, manufacturing and sale of dual-interface smart cards. Sian has many years of experience in delivering high-quality smart card components in mass volumes.
IDEX Biometrics has a growing commercial presence in Asia and is seeing increasing demand for its biometric payment solutions. To meet this demand and help accelerate mass volume production of biometric smart cards, IDEX Biometrics is working in close partnership with Sian to ensure successful integration of biometric components into smart cards.
Stan Swearingen, CEO of IDEX Biometrics: “The market for biometric smart cards is gaining considerable momentum. Our biometric sensors are ready for mass deployment in smart cards and we are delighted to be working in partnership with Sian to help achieve this.”
Hailin Zhu, CEO at Sian adds: “IDEX is the leader in biometric technology and we are very pleased to be partnering with them. Together we can ensure that crucial components within the biometric smart card are compatible and ready for mass production”.
For further information contact:
Stuart Hunt, Head of Investor Relations & Communications
+44 (0)1276 534 632
Sian is a hi-tech R&D, production and marketing company based in China. Products include, prelam, smart card, LED card, NFC tag, RFID wristband, key fob, silicone and epoxy tags. These products have been widely used in various fields, such as finance, transportation, postal, telecommunication, education, public security, commerce, public utility and other large-scale enterprises.
For more information: www.szxinka.com/en/
About IDEX Biometrics
IDEX Biometrics ASA (OSE: IDEX) is the leading provider of fingerprint identification technologies offering simple, secure and personal authentication for all. We help people make payments, prove their identity, gain access to information, unlock devices or gain admittance to buildings with the touch of a finger. We invent, engineer and commercialize these secure, yet incredibly user-friendly solutions. Our total addressable market represents a fast-growing multi-billion-unit opportunity.
For more information, visit www.idexbiometrics.com and follow @IDEXBiometrics
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.