IDEX opens office in Hong Kong




Press release

IDEX opens office in Hong Kong

Oslo, Norway, 20 December 2013: IDEX opens an office in Hong Kong. The Hong Kong
office will be the first regional Asian office as Idex expands its sales and
support in South East Asia.

This is the third regional IDEX representation opened in the fourth quarter of
2013. In October the company opened an office in Silicon Valley and a
development centre in Boston.

"The Hong Kong office gives us a presence at the centre  of a very important
region for the telecom and information technology industries and our business,"
said Dr. Hemant Mardia, CEO of IDEX. "This is a further significant step in
establishing a global presence for IDEX in order to exploit the rapidly
increasing demand for fingerprint biometrics in the consumer market, and
especially for low-cost swipe and touch sensors for mobile devices," he added.

The Hong Kong office will support customers and partners in connection with
IDEX's business development activities.

Apple's release of its Touch ID technology in the iPhone 5S in September has put
fingerprint technology squarely in the mobile technology spotlight, and the
market is expected to show rapid growth. IDEX has in addition seen a dramatic
increase in interest from first-tier players following Synaptics' acquisition of
Validity in October.

"It is important to note that smartphone vendors other than Apple hold over 85
per cent of the market. IDEX is one of three principal suppliers positioned to
serve that part of the mass market for increased authentication both on
smartphones and other consumer devices. A strong presence in Asia is very
important to IDEX, and the opening of this office is the first stage to enable a
broader sales and support team for our clients and partners. IDEX will further
strengthen its position in Asia in 2014 to support the imminent growth we
foresee in fingerprint adoption for both consumer devices, cards, access control
and the Internet of Things," said Dr. Mardia.



Web: www.idex.no
Twitter: http://www.twitter.com/idexasa
LinkedIn: http://www.linkedin.com/company/idex-asa

Press contact
Hemant Mardia, CEO,  +44 7788 922 171, hm(at)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

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


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