Mobile handset for major US carrier with IDEX Cardinal touch sensor launched by LG
On 19 October 2016, LG launched a handset featuring IDEX’s touch fingerprint sensor Cardinal Q. The handset is a specific model for US carrier Verizon Wireless named LG Stylo 2 V.
“We are very pleased that a second handset with our touch sensor now has been launched in the market by another leading mobile carrier in the US,” said Dr. Hemant Mardia, CEO of IDEX. “The design win was announced by IDEX on July 18, and we are pleased about being launched in yet another program. This continues our sales momentum in the mobile market.”
The Cardinal family of fingerprint sensors have a very small silicon footprints combined with high biometric performance given a compelling value proposition for mobile OEMs.
Further details about the handset: http://www.lg.com/us/cell-phones/lg-VS835-stylo-2v
Hemant Mardia, CEO, +44 7788 922 171, hm(at)idexbiometrics.com
Henrik Knudtzon, CFO, +47 9302 2827, hk(at)idexbiometrics.com
IDEX develops advanced fingerprint sensor technology and products. The technology is used in a range of biometrically enabled applications within three core markets: mobile devices, ID security and smart cards and the internet of things (IOT). IDEX addressable market represents a fast growing multi-billion unit opportunity.
IDEX’ technology includes both silicon and polymer based capacitive sensors, which means that the company can offer its partners unique solutions which are flexible and cost efficient.
IDEX ASA (ticker IDEX) is a Norwegian company, founded in 1996 and listed on the Oslo stock exchange in 2010.
For more information, please visit www.idexbiometrics.com
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.