IDEX Enters into a Strategic Worldwide Biometric Card Partnership with a Global Payments Company

Oslo, Norway, 29 June 2015 - IDEX ASA (Oslo Børs: IDEX), a leader in high
performance fingerprint sensors, announced today it has entered into a strategic
partnership with an undisclosed global payments company for the development of a
worldwide biometric payment card program.

Mass adoption of fingerprint sensors in the mobile market and recent
developments of mobile payment applications are changing the paradigm for
security and convenience by eliminating PINs and passwords. The biometric card
market is a large emerging opportunity where cost efficient fingerprint sensors
are ideal to provide increased security and user-friendly authentication for
payment and identification purposes. IDEX has already successfully demonstrated
our swipe sensor technology on thin flexible ISO-compliant cards. In 2013,
approximately eight billion payment cards were in circulation globally, with
over a billion new cards issued annually.

IDEX's unique, patented off-chip technology enables a bendable fingerprint
sensor that is ideal for smart card integration. IDEX proprietary matching
algorithms can operate in small, secure processors that meet international EMV
payment security regulations and maintain the fingerprint image on the card.
IDEX is leveraging our existing touch and swipe sensor platform technology that
is currently sampling for mobile market insertion.

Dr. Hemant Mardia, CEO of IDEX stated, "We are very pleased to have been
selected for this global company biometric card initiative enabled by our
compelling low cost, turnkey fingerprint sensor solutions. The program will
commence development during 2015. This partnership is expected to enable IDEX to
secure a leading position in this emerging mass market for fingerprint sensor
based biometric cards."



Contacts:

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 as the core focus, ID & smart cards medium term
and the Internet of Things in the future. 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 on the Oslo Børs
(Oslo stock exchange). For more information, please visit www.idex.no or contact
IDEX at mailbox@idex.no

-o-

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


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