IDEX sensors in biometric bank card launched in the Middle East

Oslo, Norway – 27 July 2018 – IDEX ASA, the leading provider of advanced fingerprint identification and authentication solutions is proud to announce that it’s fingerprint sensors are being deployed in biometric smart cards launched by a bank in the Middle East.

“This customer launch is yet another indication of the significant interest in biometrics in the smart cards for payments industry. Biometric cards provide enhanced security and increased convenience for card transactions”, said Stan Swearingen, CEO of IDEX.

Contact:
Charlotte Knudsen, Director of IR and Communications,
+47 9756 1959, ck@idexbiometrics.com

Henrik Knudtzon, CFO,
+47 930 22 827, henrik.knudtzon@idexbiometrics.com

About IDEX ASA:

IDEX is a leading developer of advanced off-chip fingerprint sensors and complete system solutions to a range of biometrically-enabled applications, including smart cards, Internet of Things (IoT) and mobile. The company’s technology is based on a fundamentally unique architecture that delivers form factor flexibility and superior cost-performance characteristics. IDEX’s total addressable market represents a fast-growing multi-billion-unit opportunity.

IDEX ASA is traded on the Oslo stock exchange under the ticker IDEX.

For more information, please visit www.idexbiometrics.com and follow us on Twitter @IDEXASA
 
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.