Ionics and IDEX enter into new and expanded agreements

IDEX ASA has entered into two agreements with Ionics EMS, Inc., strengthening the strategic partnership between the two companies and facilitating volume production of IDEX SmartFinger Film fingerprint sensors.

Fornebu, Norway and Calamba, Philippines, 3 October 2011: IDEX ASA (IDEX) and Ionics EMS, Inc. (Ionics) have entered into two agreements regarding volume production of IDEX SmartFinger® Film fingerprint sensors. IDEX has granted a licence to Ionics for the production and sale of fingerprint sensors to be embedded in some of its products against payment of royalty. IDEX has contracted Ionics to produce the sensors that IDEX sells to its customers and other partners, which are card and device manufacturers.

With these agreements Ionics and IDEX have strengthened their partnership and enable both companies to offer manufacturing, sales and supply of the SmartFinger sensors in their respective channels.

IDEX offers the patented SmartFinger swipe fingerprint sensor technology and authentication solutions that facilitate simple integration into a wide range of products. The company currently targets embedded solutions such as hand-held ID terminals, ID cards, bank cards and smart cards, but has also identified new prospects in smartphones and accessories to smartphones.

Ionics is a leading electronics manufacturing services (EMS) provider and also an original design manufacturer (ODM) with its PlugComputer/Cloud Server product range. During the industrialisation period of the SmartFinger Film sensor, Ionics’ manufacturing plant has acquired the tools, processes and skills needed to produce the Film sensors. Ionics has completed a number of trial batches, including the delivery to IDEX’ customer Validus.

“Ionics possesses extensive electronics manufacturing capabilities and expertise,” says Ralph W. Bernstein, CEO of IDEX. “It is our perfect industrialisation partner, providing cost-effective, high quality, high-volume production of the SmartFinger Film sensor.”

“The SmartFinger technology of IDEX is exciting and promising,” states Larry Qua, Chairman and CEO of Ionics. “Our partnership supports IDEX’ growth plans and adds fingerprint technology to Ionics’ product offerings.”

Press contact IDEX ASA:
Ralph W. Bernstein, CEO, tel+47 9305 9303, ralph.bernstein@idexbiometrics.com

Press contact Ionics EMS, Inc.:
Judy C. Qua, VP for Corporate Affairs, judy.qua@ionics-ems.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 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: mailbox@idexbiometrics.com .

About Ionics EMS, Inc.
Ionics EMS, Inc. is Philippines’ leading electronics manufacturing services provider with a 38-year track record. It offers both EMS and ODM services with product design and design support, new product introduction, industrial engineering and manufacturing system and integrated supply chain management. Among the company’s clients are the prominent players in the global electronics scene and leaders in PC and computer peripherals, telecommunications, consumer electronics, industrial and medical equipment.

Ionics EMS, Inc. has strong expertise and experiences in PCBA, flip chip, and box-build with current focus in telecommunication manufacturing, both wired and wireless. Some of these high-technology products are wifi, wimax, broadband and modular architectures, multiservice access nodes, satellite transceivers, high-definition teleconferencing etc.

Ionics’ innovative range of plug computer/mobile servers is used for the M2M and internet of things solutions for home automation, medical monitoring, automotive & e-vehicle charging, educational learning & school cloud, security and access control, industrial automation, mesh & grid computing applications, and more.

For more information, please visit www.ionics-ems.com
or contact press@ionics-ems.com .

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