Oslo, Norway and Munich, Germany - 05 May 2022 - Infineon Technologies AG (FSE:
IFX / OTCQX: IFNNY), the global leader in smart card payment solutions, and IDEX
Biometrics ASA (OSE: IDEX / NASDAQ: IDBA), a leading provider of advanced
biometric authentication solutions, are further strengthening their
collaboration, as IDEX Biometrics joins the ecosystem of Infineon's Security
Partner Network (ISPN) as a Preferred Partner.
The deepened collaboration between the companies follows the strategic
partnership announced in July 2021, when the reference design integrating the
TrustedBio® fingerprint authentication module from IDEX Biometrics with
Infineon's latest SLC38 security controller was released. Multiple design
opportunities with global smart card manufacturers have been announced since.
The solution offers industry leading performance, and reduced card manufacturing
costs and complexities, thereby shortening time-to-market for smart card
manufacturers and issuers.
As a Preferred Partner, IDEX Biometrics technical and sales teams will closely
cooperate with Infineon's technical specialists, tailoring IDEX's turnkey
solution based on Infineon's secure elements.
"We are pleased to welcome IDEX Biometrics as a Preferred Partner and to further
strengthen our collaboration" said Tolgahan Yildiz, Head of the Payment and
Ticketing Solutions product line at Infineon. IDEX Biometrics, with the Infineon
reference design, is meeting the expanding demand for fast and convenient
payments secured by authentication. We are providing the increased security and
peace of mind consumers are asking for in their daily lives."
"With increasing demand for biometric smart cards, deeper collaboration with
Infineon and their partners within the ISPN ecosystem should further accelerate
the market growth," said Vince Graziani, Chief Executive Officer of IDEX
Biometrics. "We already collaborate with JNet, another ISPN member, for JavaCard
software development, and look forward to broadening our relationships,
addressing customer demand for market-leading fingerprint authentication
across a range of high-security applications, including payment cards, crypto
wallets, and secure identification for access control.
For further information contact:
Marianne Bøe, Head of Investor Relations
E-mail: marianne.boe@idexbiometrics.com
Tel: + 47 918 00186
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
(http://www.idexbiometrics.com).
About Infineon
Infineon Technologies AG is a world leader in semiconductor solutions that make
life easier, safer and greener. Microelectronics from Infineon are the key to a
better future. In the 2020 fiscal year (ending September 30), the company
reported revenue of more than 8.5 billion euros with a workforce of 46,700
people worldwide. Following the acquisition of the US company Cypress
Semiconductor Corporation in April 2020, Infineon is now a global top 10
semiconductor company.
Infineon is listed on the Frankfurt Stock Exchange (ticker symbol: IFX) and in
the USA on the over-the-counter market OTCQX International Premier (ticker
symbol: IFNNY).
Infineon's Security Partner Network (ISPN):
https://www.infineon.com/cms/en/partner-network/Security-Network/?redirId=56346
Further information is available at www.infineon.com
(https://www.globenewswire.com/Tracker?data=ucwCvT8Os7PrzYoOcg1xL25P79cGIT6m92yu
BeZZDs9DgK8aqCa3FTZ1yNy1pHu6ah8Dt-vZfPVEdzL8hNqqUA==)
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.