IDEX ASA interim report for the first quarter 2015

Highlights in the first quarter
* IDEX demonstrated a new generation fingerprint touch sensor for mobile
devices in strategic partnership with Cypress
- Targets top-tier mobile customers with a patent protected best in class
accuracy, low cost solution
* Woodford Investment Management announced investment of NOK 297 million in
IDEX
- Strong recognition from highly influential fund manager enabling parallel
mass-market development
* IDEX continued to strengthen organisation and attract fingerprint sensor
industry experts
- Validates our leading technology and supports expected traction in the
market for commercialisation
* Acquired superior software algorithm and key patents for small-area
fingerprint touch sensors
- Enables IDEX to deliver significantly enhanced security and user
convenience for mass-market sensor solutions
* Partnership with Trustonic, the leading provider of Trusted Execution
Environments (TEEs) for smart devices
- Will integrate IDEX's sensors and software with Trustonic TEE, delivering
secure on-device biometric authentication
* Strong presence at key industry events CES in Las Vegas and MWC in Barcelona
- IDEX and partners demonstrated new in glass solutions, swipe and touch
sensor products
* Applied for transfer to Oslo Børs main list
- Oslo Børs approved the application  and first day of listing was 11 May
2015


Outlook and key upcoming milestones
* IDEX is on the threshold of commercialising its best-in-class sensor
technology as one of very few companies with IP for preferred capacitive
fingerprint sensors for mass market applications in mobile, cards and
Internet of Things
* Expecting to sample off-chip touch sensors from May 2015, with deployment in
mobile devices by year-end
* Major investments secured a solid financial basis for ambitious growth
strategy
* Resource expansion and attracting key experts from the industry to deliver
business execution
* Continuing to develop partnerships providing established high-volume
manufacturing and market channels to exploit identified opportunities during
2015
* Target to sample latest sensor in-glass technology by the end of 2015
* Deployment of fingerprint sensors is set to expand rapidly in 2015. IDEX is
now positioned to capture significant share of the multi-billion dollar
market opportunity for fingerprint sensors.


IDEX's strategy is to leverage its core technology across three mass markets:
mobile devices, ID & smart cards and devices being part of the Internet of
Things.

Patent protection is paramount for major customers in this industry. IDEX has a
very strong IP position, and our acquisition in the first quarter of a world-
leading software algorithm and key patents for small area fingerprint touch
sensors provides IDEX with a key competitive advantage. As touch sen-sors
continue to get smaller, more advanced algorithms become critical in order to
deliver reliable fingerprint matching performance.

In terms of IDEX's Rresearch and development, the major short-term effort is the
new off-chip touch sensor. This is on target for sampling in the second quarter.
It has been confirmed that the sensor has very strong biometric performance, and
it will have a ground-breaking cost advantage due to the innovative off-chip
architecture.

A key part of IDEX's product road-map is to implement sensors in glass. The
company believes that this re-volutionary sensor implementation is unique to
IDEX and will provide the ultimate solution for integration of fingerprint
recognition in mobile de-vices. Sampling of fingerprint sensors implemented in
glass is targeted by the end of 2015, based on progress achiev-ed to
commercialise the technology.

IDEX is also securing traction in the card market. IDEX expects that the
interest will lead to sensors deployed in card pilot programs later in 2015.

Developments in the first quarter have strengthened our confidence in the
opportunities for IDEX in mass-market deployment of fingerprint solutions.

The full report with interim financial statements are enclosed in pdf file or
use the link at the very end of this notice.


11 May 2015
IDEX ASA


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

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, 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 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 to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.


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