IDEX strengthens executive team and appoints new CEO






IDEX appoints Hemant Mardia as CEO. Ralph W. Bernstein continues as CTO.

In line with IDEX's strategic growth plans, the company has appointed Hemant
Mardia as CEO. Hemant will lead the business as it commercialises its leading
fingerprint biometric sensor technology and unique IP portfolio for mass market
secure identification, including mobile communications, cards and adjacent
market applications.

"I am very excited to join IDEX as CEO. Following Apple's acquisition of
Authentec last year, I believe that IDEX is uniquely placed with IP and patents
to exploit the transformation of digital ID security through fingerprint
recognition. IDEX has the earliest, core fundamental patents for low cost
fingerprint sensors and a unique patent cross licence agreement with
Apple/Authentec, making IDEX an important player in the multi-billion dollar
market opportunity for mobile communications, cards and new consumer devices. I
look forward to working with the IDEX team and international partners to fully
leverage IDEX's patent position, rapidly commercialise the technology and
deliver significant shareholder value growth," said Hemant Mardia.

Hemant has a proven track record leading high growth technology businesses in
executive and technical roles. He was formerly CEO of Filtronic Plc, a London
Stock Exchange listed business in the telecoms sector. He brings extensive
commercial, technical, M&A and investor relations experience to IDEX. Hemant has
successfully developed strategic partnerships as a key supplier of innovative
electronic components for tier one global mobile telecom OEMs, network
operators, security and defence system integrators. He has founded businesses in
emerging sectors and developed international teams across Europe, USA and the
Far East, with world class, cost efficient design and manufacturing
capabilities.

Hemant has a Ph.D in electronics and has developed innovative technologies and
products within multiple market sectors including advanced semiconductors,
mobile telecoms infrastructure and aerospace.

 "We are delighted to welcome Hemant to the business and he brings a wealth of
experience. Hemant has developed successful technology businesses and his
background and track record make him the right person to deliver according to
our strategic plans", said Morten Opstad, chairman of IDEX.

Ralph W. Bernstein who has served IDEX in the combined CEO/CTO role since 2008
will continue in the CTO position.

"We would like to thank Ralph for his significant contribution in developing
IDEX's business and product strategy, and bringing IDEX's SmartFinger IP and
innovative technology to the market. With the growing number of advanced partner
programs, Ralph will concentrate on his role as IDEX's CTO, in order to expand
IDEX's  technology and IP strategy, said Morten Opstad.

Hemant Mardia will commence office as soon as practical. In the interim Ralph
Bernstein will be acting CEO.

7 May 2013
IDEX ASA

www.idex.no

Press contact
Inge Berge, VP Business Development and IR, +47 9326 8836, inge.berge@idex.no


About IDEX
IDEX ASA specialises in fingerprint imaging and recognition technology. IDEX's
vision is to ensure individuals a safe, secure, and user-friendly use of
personal ID. IDEX has developed the award-winning SmartFinger(®) technology
platform based on the Company's core intellectual property, including the
patented fingerprint imaging principle, sensing scheme and chip design. Combined
with core software solutions for imaging and authentication, the SmartFinger
technology enables on-device enrollment, template storage and verification
within the very same module. SmartFinger solutions can be seamlessly integrated
into a variety of embedded applications such as mobile phones, one-time password
devices, Smartcards, payment and ID cards, payment terminals, access control
devices and biometric security and login tokens.

IDEX ASA (ticker IDEX) is a Norwegian public company listed at the Oslo Axess
marketplace on the Oslo Børs (Oslo stock exchange). For more information, please
visit www.idex.no or contact IDEX at mailbox@idex.no


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


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