Organisational adjustments in IDEX
IDEX is making organisational adjustments in order to concentrate the company’s efforts on targeted market-opportunities. The staff will be strengthened in selected functions, while certain other activities will be scaled down. The changes will take effect over the following months and lead to net cost savings, thereby reducing the company’s need for funding in 2012.
Inge Berge has joined IDEX to carry out the investor relations and PR functions and also provide advice in strategy and business development.
IDEX continues to work with a number of major industrial groups to effect a partnership and is encouraged by the level of interest in the company’s technology. The company will report more comprehensively on its activities and progress when progress materialises.
2 July 2012
Ralph W. Bernstein, CEO, +47 9305 9303, firstname.lastname@example.org
Inge Berge, Investor relations contact, +47 9326 8836, email@example.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. The SmartFinger technology is available to customers under an intellectual property licensing scheme or as SmartFinger Film sensor assemblies for integration into customers’ products. For more information, please visit www.idexbiometrics.com or contact IDEX at: firstname.lastname@example.org.