IDEX Q4 2012: Positioned for 2013 – ‘the year of fingerprint biometrics’

IDEX Q4 2012: Positioned for 2013 – ‘the year of fingerprint biometrics’

  • New commercial agreements
  • Production ramp-up
  • Successful private placement
  • Sensor-in-glass technology concept presented in February 2013

In the fourth quarter of 2012 IDEX entered into two important agreements, secured a successful private placement, and is well positioned for the fast growing commercial opportunities foreseen in 2013. The company expects to dispatch updated SmartFinger® products to customers in the scond half of 2013.

“We have positioned IDEX for what we expect will be ‘the year of fingerprint biometrics’. Our discussions with industry-leading companies indicate that multiple mass market products with fingerprint biometrics will be launched in 2013. With IDEX’s core IP, unique technology and novel sensor products, we are in a good position for a market break-through this year,” said Ralph W. Bernstein, chief executive officer of IDEX.

The full report and financial statements are enclosed in the link/pdf file.

27 February 2013
IDEX ASA

www.idexbiometrics.com

Press contacts
Ralph W. Bernstein, CEO, +47 9305 9303, ralph.bernstein@idexbiometrics.com
Inge Berge VP Business Development and IR +47 9326 8836, inge.berge@idexbiometrics.com

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.com or contact IDEX at mailbox@idexbiometrics.com

 

-o-

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

FACEBOOK
GOOGLE
TWITTER
LINKEDIN