IDEX biometric smartcard programme with global payment provider advances to end customer trials

Oslo, Norway - 22 February 2017 - IDEX, a leading developer of advanced
fingerprint solutions, is pleased to announce that the first end-customer trials
for cards incorporating IDEX's biometric sensors have commenced. The trials are
in collaboration with the company's undisclosed global payment provider and
previously announced card integrator and identity solution provider. Multiple
financial institutions and government bodies are planned to participate in
customer trials over the coming months.

The evaluations are being conducted on live transaction with prospective end
customers, and follow successful trials completed internally by IDEX's global
payments partner. The end customer trials are one of the final steps in the
commercialisation process. After completion of the initial trials over the next
few weeks, and subsequent analysis,  the card is expected to undergo the formal
certification process prior to being made available for commercial production in
the second half of 2017.

Together with card ecosystem partners, IDEX has actively been working on a
strategic programme to launch a mass deployable biometric smart card. This
collaboration has resulted in an end-to-end solution leveraging IDEX's flexible
touch sensor in an ISO compliant standard thickness card. The solution is
compatible with existing payment and enrolment infrastructure, and compatible
with standard card manufacturing processes to ensure the lowest possible cost
points.

Contact:
Charlotte Knudsen, Director of IR and Communications, +47 9756 1959, ck@idex.no
Henrik Knudtzon, CFO, +47 9302 2827, hk@idex.no

Twitter: http://www.twitter.com/idexasa

About IDEX
IDEX develops and sells advanced fingerprint sensor technology and products. The
company's technology is used in a range of biometrically enabled applications
within three core markets: Mobile, Smart Cards and Internet of Things (IoT).
IDEX's addressable market represents a fast-growing multi-billion unit
opportunity.

IDEX's technology includes both the conventional silicon sensor and a unique
off-chip technology, which means that the company can offer its partners
solutions which are flexible and cost efficient.

IDEX ASA (ticker IDEX) is a Norwegian company, founded in 1996 and listed on the
Oslo stock exchange in 2010.

For more information, please visit www.idex.no

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