XH Smart Tech showcasing dual-interface biometric card with IDEX sensor at Mobile World Congress in Barcelona

Oslo, Norway, 25 February 2019 – XH Smart Tech will be showcasing its new dual-interface biometric card using IDEX’s latest contactless sensor at the Mobile World Congress in Barcelona from 25 February to 28 February 2019. The dual-interface card is a battery-less biometric payment card, which does not require an internal power source. 

IDEX formally announced its partnership with XH Smart Tech in October 2018 and the two companies have been working closely together to accelerate deployment of biometric smart cards.   

XH Smart Tech is ranked among the top 5 Chinese smart card vendors by international market share and has shipped more than 3 billion smart cards. The company has successfully passed certification of China Union Pay, VISA, Mastercard, and other smart card industry organizations. XH Smart Tech’s’ customer base includes international and Chinese banks, including Postal Savings Bank of China, DenizBank in Turkey, Commercial Bank of Kuwait, South Africa Laxton, South African Post Office, and Orientfinans Bank in Uzbekistan.

XH Smart Tech is present at Stand 7B70 in hall 7.

For more information about the event, go to: https://www.mwcbarcelona.com/  

For further information contact:

Stuart Hunt, Head of Investor Relations & Communications 

+44 1276 534 632

About IDEX Biometrics

IDEX Biometrics, legal name IDEX ASA (OSE: IDEX), is the leading provider of fingerprint identification technologies offering simple, secure and personal authentication for all. We help people make payments, prove their identity, gain access to information, unlock devices or gain admittance to buildings with the touch of a finger. We invent, engineer and commercialize these secure, yet incredibly user-friendly solutions. Our total addressable market represents a fast-growing multi-billion-unit opportunity.

For more information, visit www.idexbiometrics.com and follow @IDEXBiometrics

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