Oslo, Norway - 04 November 2021 - IDEX Biometrics ASA today announced it has
received a mass production order for its TrustedBio(®) fingerprint sensor from
IDEMIA Group. IDEMIA is the developer of the F.CODE payment card, which is
secured by IDEX Biometrics' fingerprint authentication solution. This is the
largest production order for TrustedBio received to date and represents a
material increase to the current backlog. Deliveries against this new order are
scheduled to begin shipping in early 2022 in support of commercial launches and
trials with banks.
IDEX Biometrics' Chief Executive Officer, Vince Graziani, commented, "We are
proud to announce this significant additional booking from our partner IDEMIA.
Our joint development has resulted in a highly integrated, biometrically-enabled
smart card with industry leading performance. This order is representative of
the rapid increase in demand we are seeing for smart cards secured by
fingerprint authentication."
For further information contact:
Marianne Bøe, Investor Relations
E-mail: marianne.boe@idexbiometrics.com
Tel: +47?9180 0186
Brett L Perry, U.S. Investor Relations
E-mail: bperry@sheltongroup.com
Tel: + 1 214 272 0070
About IDEX Biometrics
IDEX Biometrics ASA (OSE: IDEX and Nasdaq: IDBA) is a 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 or unlock devices 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
(https://www.globenewswire.com/Tracker?data=0tQgpjLm71cPPP9wS_Gofz71z979cX7LAvzW
TIYY8zyJoM7faR_COVtkxBTZdAj-Ru34oQcVjyiazg0jwk-D0Bg2Zqs1XZdVfQemwoUG6y0=)
TRADEMARK STATEMENT
IDEX, TrustedBio, IDEX Biometrics and the IDEX logo are trademarks owned by IDEX
Biometrics ASA. All other brands or product names are the property of their
respective holders.
EMV, which stands for Europay, Mastercard and Visa, is the trademark of EMVCo,
LLC, which administers standards for card-based transaction and authentication
standards.
This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act