Oslo, Norway - 11 August 2022 - IDEX Biometrics ASA has received a new material
order for their advanced fingerprint sensor technology, which will be deployed
in the customer's digital authentication application. The customer is a large US
company with a global footprint. This order represents the largest single order
in IDEX history. Shipments against the order will begin in the 4(th) quarter of
2022.
In addition to our primary target market for biometric payment cards, IDEX
continues to see increasing demand for its biometric sensors for use in the
growing market of digital authentication. As demand continues to increase, IDEX
Biometrics is expecting additional production orders throughout the second half
of 2022 from both existing customers, and new customers who have not yet been
announced.
For further information contact:
Marianne Bøe, Head of Investor Relations
E-mail: marianne.boe@idexbiometrics.com (mailto:marianne.boe@idexbiometrics.com)
Tel: + 47 918 00186
Brett L Perry, U.S. Investor Relations
E-mail: bperry@sheltongroup.com (mailto:bperry@sheltongroup.com)
Tel: + 1 214 272 0070
About IDEX Biometrics
IDEX Biometrics (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=QDJkao8vX2JNeCV6qES9dN7QghxBXaKl_r71
LP7nmQlNW3uiA6BPuy9opcStBpTpW17REfR7bFJwG7jiyg_icKGrTCqqMnXvYn1kxsck4ULJZ2n09I6s
661tGfoKIM5-pVqCGsTENEssQ3-
5It3MR0Nbl_G6lexerLzu5Hzk33JmFQZhINCHYXiWWstf88qSMrvj_k9NsydH71t171AcliAWcF0ZnMz
48gph3ElJqOWgAy9S0XepllwYcnEX2oRRAXwW_Ax7i0ooKPv1EEgTvw==)
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.
This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act