IDEX to Showcase Touch Fingerprint Sensors at MWC Shanghai 2016
Oslo, Norway, June 28, 2016 – IDEX ASA (Oslo Børs: IDEX), a leader in fingerprint imaging and recognition technology and IP, today announced that it will be demonstrating its fingerprint sensors and state of the art matching algorithm technology at Mobile World Congress (MWC) Shanghai on June 29 through July 1, 2016 in Shanghai, China. Greater China is an active area of focus for IDEX through ramping of local sales and support staff and sampling our newest products to both OEMs and module vendors. IDEX’s suite of silicon based sensors as well as customizable off-chip sensing solutions, including in-glass sensors, are in commercial production or late-stage product development for a series of mobile device, smart card, and IoT applications.
LG recently launched LG Stylus 2 Plus smartphone featuring IDEX’s touch fingerprint sensor, Cardinal Q. IDEX will showcase this sensor at MWC Shanghai. The Cardinal Q and the newly released Cardinal N silicon sensor products have some of the smallest silicon footprints in the market for space challenged mobile fingerprint sensing form factors.
IDEX will be exhibiting at stand N1F70 (Hall N1) and will also be available for meetings with customers and industry partners at the Shanghai New International Exhibition Centre.
IDEX is the only company to currently offer both silicon based and off-chip sensors. Together with its world-class algorithms, IDEX is able to deliver complete solutions across multiple applications with high-performing fingerprint imaging and recognition. The Company’s family of Cardinal silicon sensors and FIDO® Certified Eagle off-chip sensors are both available and in commercial production today.
Hemant Mardia, CEO, +44 7788 922 171, hm(at)idexbiometrics.com
Henrik Knudtzon, CFO, +47 9302 2827, hk(at)idexbiometrics.com
IDEX has developed the world’s most advanced fingerprint imaging, recognition and authentication technology. IDEX’s innovative Intellectual Property (IP) is protected by a comprehensive portfolio of 44 granted and pending patent families, which continues to grow through ongoing innovation.
The IDEX business model is based on designing innovative fingerprint sensor IP and products, which IDEX sells and licenses global Original Equipment Manufacturers (OEM) partners. These partners utilise IDEX IP in a range of biometrically enabled products. The customers are either purchasing IDEX fingerprint sensor units or paying a royalty on units they produce. IDEX’s addressable market represents a multi-billion unit opportunity, centred on three core markets:
– Mobile Devices
– ID security and Smart Cards
– The Internet of Things
IDEX offers a complete touch sensor portfolio consisting of the most highly accepted capacitive sensing techniques in circulation today, including Eagle trans-capacitive off chip sensing and Cardinal active capacitive silicon sensor solutions, all with broad IP backing. Both product categories within the IDEX portfolio of touch sensors are complete system solutions including image delivery hardware, tightly coupled software control and matching algorithm, trusted execution environment and FIDO(TM) compliant reference designs, as well as established module partner options.
IDEX ASA (ticker IDEX) is a Norwegian public company, founded in 1996, and its shares are listed on the Oslo Børs (the stock exchange in Oslo). For more information, please visit www.idexbiometrics.com or contact IDEX at hk(at)idexbiometrics.com
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.