Oslo, Norway, 23 May 2019: IDEX Biometrics ASA, the leading provider of advanced
fingerprint identification and authentication solutions, has appointed Stephen
Skaggs to its Board of Directors.
Mr. Skaggs has more than 25 years of experience in the semiconductor industry,
including serving as President, Chief Executive Officer and Chief Financial
Officer of Lattice Semiconductor, a supplier of programmable logic devices and
related software. Most recently, he served as Senior Vice President and Chief
Financial Officer of Atmel Corporation, a leading supplier of microcontrollers,
prior to its acquisition by Microchip Technology Incorporated. Early in his
career, he worked for Bain & Company, a global management consulting firm, where
he specialized in high tech product strategy, mergers and acquisitions and
corporate restructurings.
Mr. Skaggs holds an MBA degree from the Harvard Business School and a B.S.
degree in Chemical Engineering from the University of California, Berkeley.
Morten Opstad, Chairman of IDEX Biometrics: "We are delighted to have someone of
Stephen's vast financial and operational experience joining the IDEX board. His
addition will bring a wealth of industry insight and ensure IDEX remains well
placed to create significant value for its stakeholders."
Stephen Skaggs adds: "I'm really excited to be joining the board of IDEX
Biometrics. The biometric smart card market has the potential to create
significant shareholder value. I believe IDEX has a strong competitive position
and the technology to take full advantage of this opportunity. I look forward to
helping the Company achieve its ambitions."
For further information contact:
Stuart Hunt, Head of Investor Relations & Communications
+44 (0)1276 534 632
About IDEX Biometrics
IDEX Biometrics ASA (OSE: IDEX) is the leading provider of fingerprint
identification technologies offering simple, secure and personal authentication
for all. We help people make payments, prove their identity, gain access to
information, unlock devices or gain admittance to buildings with the touch of a
finger. We invent, engineer and commercialize these secure, yet incredibly user-
friendly solutions. Our total addressable market represents a fast-growing
multi-billion-unit opportunity.
For more information, visit www.idexbiometrics.com
(http://www.idexbiometrics.com/) and follow @IDEXBiometrics
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.