IDEX and Card Tech launch biometric dual interface Smartcard programme with top-tier card integrator

Oslo, Norway - 28 February 2017 - IDEX, a leading developer of advanced
fingerprint solutions for mass markets, has received initial orders from Card
Tech, a company focused on creating innovative and user friendly security
solutions on cards. The order is for IDEX's next generation touch fingerprint
sensor, which enables secure authentication in standard contactless and contact
cards.

IDEX and Card Tech have extended their partnership to collaborate with a top-
tier card integrator to deliver a biometric card module. The solution is using
IDEX's flexible, ISO compliant off-chip fingerprint sensor and Card Tech's
electronic system expertise and patented technology for secure biometric card
products. The programme targets mass deployable smartcard programmes in the
government ID and banking markets.

"We are very pleased to be expanding our engagement with top-tier partners
within the card ecosystem. Following the launch of our ISO card form factor
compliant flexible sensor for smartcards last year, we have received significant
interest from both potential end customers and ecosystem partners," said Dr.
Hemant Mardia, CEO of IDEX. "We are pleased to be collaborating with Card Tech
on a programme for one of the largest card integrators, which is significant
validation of our unique card sensor value proposition."

IDEX's off-chip technology enables a thin and bendable sensor consisting of a
low-cost flexible polymer, compliant with ISO standards for long-term
durability, making it uniquely suited for smart card integration. Following the
successful development of IDEX's next generation ASIC, IDEX can deliver leading
edge energy efficient sensors meeting the demanding requirements of contactless
cards.

"Card Tech and IDEX have been working together for several years to drive the
frontier of biometric authentication for smartcards. The combination of IDEX's
off-chip fingerprint sensor ideally suited for cards, and our worldwide patented
biometric card system design and know-how, have created a strong value
proposition for the programme with the top-tier card integrator, addressing
global markets," said Fabrizio Borracci, Chairman of Card Tech. "We are very
excited about the potential of this programme and all the other expressions of
interest, from different markets, received in the last months. We believe that
strengthening this partnership with IDEX will allow to boost our growth in
2017".

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


Contact:
Paolo Bean, Sales & Marketing Manager, +39 02 40047473, p.bean(at)card-tech.it


Twitter: https://twitter.com/Card_Tech

About Card Tech
Card Tech(®) is an Italian company focused on the research, development and
marketing of biometric mobile devices. Card Tech(®) mission is to improve the
life of people creating innovative, secure and user-friendly solutions and
products. In market of mobile devices, Card Tech(®) leverages the combined use
of biometrics for a secure use identification and secure RFID/NFC
communications. In the smart cards market, the company has developed an ISO7810
ID-1 and ISO 7816 compliant card fitted with an ultra-thin biometric sensor,
battery and chip that amounts to a secure fingerprint system-on-card. Card Tech
biometric system on card solutions worldwide patented. For more information,
please visit www.card-tech.it


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