IDEX Receives Follow-On Production Order for Cardinal Fingerprint Sensor

IDEX ASA today announced that it has received follow-on volume production orders
for its Cardinal Q touch fingerprint sensor. The orders are towards an OEM
smartphone manufacturer for a device to be distributed by a major wireless
carrier, as announced on December 21, 2015. IDEX started to ship sensors to the
customer in Q1 2016 and expect to fulfill the current orders in Q2 2016.

"We are very pleased to receive follow-on volume production orders," said Dr.
Hemant Mardia, CEO of IDEX. "This handset is expected to be launched to
consumers by the tier-one mobile OEM in late Q2 2016, and is a huge milestone
for IDEX. We believe it serves as strong validation of our products for other
customers".

Building on the successful deployment of Cardinal Q IDEX is pleased to also
announce its latest offering within the Cardinal series. The new Cardinal N
sensor is the latest evolution in IDEX's on-chip, low-cost capacitive
fingerprint sensor, design specifically to address to ultra-small, low-profile
fingerprint sensing applications. With an extremely thin rectangular touch
sensor form factor, Cardinal N enables both integration on the side of today's
ultra slim smart phones as well as front side mounting. Cardinal N is now
qualified for volume production and is currently being evaluated by select
mobile OEMs.

Dr. Mardia added, "We are now seeing a polarization of demand in the mobile
market as adoption of fingerprint sensors extends into more low- and mid-end
smart phones. Many OEMs want a very small form factor at low cost. Our Cardinal
family of sensors with their extremely compact footprint and excellent
performance cater to this, and we continue to develop new products. We are also
addressing the growing demand for medium sized sensors with uncompromised image
performance and biometric quality. Our off-chip Eagle sensor allows us to target
this segment with a competitive price/performance ratio."

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

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

About IDEX

IDEX has developed the world's most advanced fingerprint imaging, recognition
and authentication technology. IDEX's innovative Intellectual Property (IP) is
protected by a comprehensive portfolio of 47 granted and pending patent
families, which continues to grow through ongoing innovation.

The IDEX business model is based on designing innovative fingerprint sensor IP
and products, which IDEX sells and licenses global Original Equipment
Manufacturers (OEM) partners. These partners utilise IDEX IP in a range of
biometrically enabled products. The customersare either purchasing IDEX
fingerprint sensor units or paying a royalty on units they produce. IDEX's
addressable market represents a multi-billion unit opportunity, centred on three
core markets:

· Mobile Devices
· ID security and Smart Cards
· The Internet of Things

IDEX has an exciting and competitive product ready 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 these
products and has recently announced a number of important OEM partnerships and
end user design wins.

IDEX ASA (ticker IDEX) is a Norwegian public company, founded in 1995, and its
shares are Listed on the Oslo Børs (Oslo stock exchange). For more information,
please visit www.idex.no or contact IDEX at hk(at)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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