Share capital increase in IDEX registered
Reference is made to the notices on 11 May and 12 May 2016 about issues of shares to an employee who had exercised incentive subscription rights and shares in lieu of cash remuneration to the board members.
The share capital increase has been registered and the company’s share capital is NOK 79,812,038.25 divided into 532,080,255 registered shares each with a nominal value of NOK 0.15.
2 June 2016
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 customersare 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 has an exciting and competitive product ready road map including swipe sensors, touch sensors with disruptive cost positions, and a unique in-glass solution. The company is currently in the process of commercialising these products and has recently announced a number of important OEM partnerships and end user design wins.
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