Cypress Debuts Reliable, Secure Fingerprint Sensing Solution for Mobile Devices Through Its Strategic Partnership with IDEX ASA

Easy-to-Use, Customizable TrueTouch(®) Fingerprint Reader Provides Fast Time-to-
Market And Product Differentiation; Delivers Leading Fingerprint Image Quality
and Pattern Matching

BARCELONA, Spain, March 2, 2015 - Cypress Semiconductor Corp. (NASDAQ: CY), in
conjunction with its strategic partner IDEX ASA, today introduced a fingerprint
reader solution designed to bring reliable, easy-to-use user authentication to
smartphones, tablets, wearables and other mobile devices. The TrueTouch(®)
Fingerprint Reader uses proprietary sensing circuitry and a unique touch sensor
design to provide best-in-class fingerprint image quality and pattern matching
accuracy-improving security and delivering a superior user experience. The
flexible solution enables designers to create custom home buttons with
specialized shapes and sizes or to integrate the sensor into any mobile device's
industrial design or home button.

Consumers have increasingly embraced fingerprint readers as an alternative to
keying in complex usernames, PINs and passwords. Mobile device OEMs and
companies that sell via the Internet have gravitated toward the technology as
the most secure way to validate a user's identity. Demand for fingerprint
readers in mobile devices is forecast to grow at a compound annual rate of 47%
through 2019, reaching annual shipments of more than 700 million units.

Cypress will showcase its TrueTouch Fingerprint Reader, along with its extensive
portfolio of capacitive touchscreen and touch-sensing solutions, at Mobile World
Congress 2015 from March 2-5 in Hall 2, Stand 2C26MR at Fira Gran Via in
Barcelona.

The TrueTouch Fingerprint Reader leverages IP from Oslo, Norway-based IDEX ASA.
Cypress announced a strategic partnership with IDEX last year, enabling it to
add IDEX's patented SmartFinger(TM) fingerprint sensing technology to its
extensive portfolio of capacitive touch-sensing solutions. IDEX IP, plus the
ability to work with IDEX's qualified sensor partners, will provide Cypress with
immediate access to a broad range of global markets.

"The barriers to entry are considerable in the emerging market for fingerprint
readers, in part because of the highly specialized IP and complete solution that
is required to compete," said T.J. Rodgers, President and CEO of Cypress. "Our
relationship with IDEX will enable us to provide our top-tier mobile customers
with a globally deployable fingerprint sensing solution, including a sensor,
Android drivers and a software stack. With our industry-leading CapSense(®)
capacitive touch-sensing controllers, and our TrueTouch touchscreen solutions,
Cypress will have an unmatched portfolio for mobile user interfaces."

"We are extremely pleased with the performance of our new generation touch
sensor developed in record time through our partnership with Cypress," said Dr.
Hemant Mardia, CEO of IDEX ASA. "The combination of IDEX's breakthrough imaging
performance, matching algorithm and patented sensor IP with Cypress's award-
winning programmable system-on-chip technology delivers best in class
fingerprint matching. This product has been designed based on fundamentally new
technology to meet our OEM customers' demands for usability and security
strength from small touch sensors."

FIDO and Software Support
Cypress is a member of the Fast IDentity Online (FIDO) Alliance, an industry
consortium developing standards-based specifications for universal
authentication methods. Cypress shares the Alliance's vision to define and
deploy a more secure, private and convenient experience for mobile device
users. FIDO-enabled biometric user authentication protects sensitive information
and eliminates the need for inconvenient passwords. The TrueTouch Fingerprint
Reader solution for the Android OS comes complete with the sensor, compatible
SPI drivers, and the FIDO enabled authentication software stack. OEMs have
access to Cypress's extensive customer support, testing and usability tools, and
integration expertise to rapidly create custom designs.

Touch Leadership
Cypress's touch-sensing portfolio is the industry's broadest and most well-
adopted, including TrueTouch, CapSense and trackpad solutions. The company's IP
portfolio is unmatched, including true single-layer sensor solutions for
dramatically reduced touchscreen costs and self-and mutual-capacitance sensing
on the same chip that enables advanced features such as noise immunity,
waterproofing, proximity sensing, passive stylus support and hover.

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Contacts:

Cypress
Samer Bahou, Cypress PR, +1 (408) 232-4552, samer.bahou(at)cypress.com

IDEX
Hemant Mardia, CEO,  +44 7788 922 171,  hm(at)idex.no
Henrik Knudtzon, CFO,  +47 9302 2827,  hk(at)idex.no

About IDEX
IDEX ASA specialises in fingerprint imaging and recognition technology. The
company has a strong patent portfolio consisting of 25 patent families including
more than 215 granted patents, as well as cross licenses with Apple. IDEX has a
highly competitive product 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 the products.

IDEX's addressable market represents a multi-billion unit opportunity, centred
on three core markets: Mobile, ID & smart cards and the Internet of Things. IDEX
has seen a substantial increase in interest from global OEMs in the last
quarters, and is positioned as of three independent players with the relevant IP
to capture market share.

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


About Cypress
Cypress delivers high-performance, mixed-signal, programmable solutions that
provide customers with rapid time-to-market and exceptional system value.
Cypress offerings include the flagship PSoC(®) 1, PSoC 3, PSoC 4 and PSoC 5LP
programmable system-on-chip families. Cypress is the world leader in capacitive
user interface solutions including CapSense touch sensing, TrueTouch
touchscreens, and trackpad solutions for notebook PCs and peripherals. Cypress
is a world leader in USB controllers, which enhance connectivity and performance
in a wide range of consumer and industrial products. Cypress is also the world
leader in SRAM and nonvolatile RAM memories. Cypress serves numerous major
markets, including consumer, mobile handsets, computation, data communications,
automotive, industrial and military. Cypress trades on the NASDAQ Global Select
Market under the ticker symbol CY. Visit Cypress online at www.cypress.com.
# # #

Cypress, the Cypress logo, TrueTouch, PSoC, and CapSense are registered
trademarks of Cypress Semiconductor Corp. All other trademarks are property of
their owners.

-o-

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


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