IDEX – Status on project with major semiconductor
The planned technical activities in the evaluation project with a major semiconductor manufacturer announced in 2009, were completed in the fourth quarter 2010.
The project assessed the manufacturability, cost and commercialization of a silicon-based SmartFinger® sensor using the manufacturing processes of the semiconductor partner. “There are attractive markets for silicon-based swipe sensors, such as mobile phone markets,” says Ralph W. Bernstein, CEO of IDEX ASA. “A silicon-based sensor is complementary to our award-winning polymer based SmartFinger Film sensors, which are currently targeted primarily for biometric cards, tokens and other embedded solutions.”
Functional sensors have been made and tested, and the project deliveries were evaluated in the fourth quarter of 2010. The quality of the fingerprint images complies with or exceeds specifications and confirms a functionally successful SmartFinger design and implementation. However, further efforts will be required to achieve cost competitive manufacturing. The parties have therefore agreed to identify and review specific product prospects with the purpose to determine whether it will be profitable to make such investments. A final conclusion had been anticipated late in 2010. However, no conclusion was reached by end of the year and the work on specific product prospects and business opportunities continues in 2011.
3 January 2011
Dr. Ralph W. Bernstein, CEO, +47 930 59 303, ralph.bernstein(at)idexbiometrics.com
About IDEX ASA
IDEX ASA is a Norwegian public company specializing in fingerprint imaging and recognition technology. IDEX’ vision is to ensure individuals a safe, secure, and user-friendly use of personal ID.
IDEX has developed the award-winning SmartFinger® Film technology platform including the patented fingerprint imaging principle, sensing scheme and chip design. Combined with core software solutions for imaging and authentication SmartFinger Film enables on-device enrollment, template storage and verification within the very same module. The SmartFinger Film sensor is thin and bendable and can be customized for a variety of applications such as One Time Password devices, Smartcards, ID cards, access control devices and biometric tokens. The SmartFinger technology is available to customers under an intellectual property (IP) licensing scheme or as SmartFinger Film sensor assemblies for integration into customers’ products.
IDEX ASA (ticker IDEX) is listed at the Oslo Axess market place on the Oslo Børs (Oslo stock exchange). For more information, please visit www.idexbiometrics.com or contact IDEX at: firstname.lastname@example.org