IDEX launches breakthrough fingerprint sensor for contactless smart cards

Oslo, Norway, 23 June 2017 - IDEX, a leading developer of advanced fingerprint
solutions for mass markets, launches a ground-breaking flexible, low power
fingerprint sensor ready to be used in contactless cards operating with standard
NFC terminals. The sensor has state of the art power management which supports
biometric card operation without a battery. The sensor is specifically designed
for proven standard mass production processes.

"The launch of our new low power sensor enables a new generation of commercially
viable contactless biometric cards. This solution significantly expands our
market opportunity driven by the convenience for consumers of using dual
interface cards combined with biometrics and secures our position at the
forefront of this large-scale opportunity," says Dr. Hemant Mardia, CEO of IDEX.

IDEX's new fingerprint sensor is now sampling with a European top-tier card
integrator. In addition, IDEX has broadened customer engagement in response to
strong interest and expects several major Asian card integrators to commence
sampling during Q3 2017.

IDEX launched the world's first flexible touch fingerprint sensor for ISO form
factor cards, operating with standard contact based POS readers, in February
2016. The new low power card sensor, building on the recently launched ASIC and
leveraging the company's unique and patented off-chip technology, is a result of
extensive research, development and implementation experience. With a silicon
footprint of 1/8 of a comparable 100 sq mm silicon sensor, the sensor offers a
huge cost advantage without compromising a large sensing area to deliver a
strong user experience. The sensor is inherently flexible, as it is made of
polymer, complying with ISO standards for card mechanical robustness and
leveraging an established mass volume packaging ecosystem.

The new ASIC is using TSMC's advanced foundry processes to deliver unmatched
power management and enhanced performance. The architecture contains digital
intelligence with an on board ARM microcontroller enabling optimum systems
partitioning for security and biometric performance in a highly resource
constrained contactless card.

"We have collaborated with major global partners including Mastercard and OT-
Morpho to create and qualify mass deployable biometric smart card solutions
delivering world-class performance. Following the positive reactions from users
in trials in South Africa we have received significant interest across our
target payment market and additional card verticals. I see this a strong
validation of our value proposition for fingerprint sensors for cards and a
market-changing opportunity," says Dr Hemant Mardia, CEO of IDEX.

Sampling of IDEX's new sensor has commenced in the second quarter 2017 in line
with previous communications, and is expected to be ready for volume production
in the second half of 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: Smart cards, mobile, 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.