Oslo, Norway - 28 November 2023 - IDEX Biometrics has received orders from
multiple customers for biometric sensor solutions to be used in digital
authentication and crypto management applications. The orders come in response
to increasing demand for hack-resistant digital security solutions. IDEX has
already begun shipping sensors and full solutions to these customers in Europe,
Asia, and the US.
Notable among IDEX Biometrics' growing number of clients is Taiwan based
AuthenTrend Technology who provide FIDO2 certified smart card access solutions
to consumers and enterprises across the globe. AuthenTrend's biometric smart
card, based on the IDEX Biometrics fingerprint authentication solution, is
targeting digital identity. AuthenTrend goes to market through an extensive
network of leading technology partners, distributors, resellers and system
integrators.
"The intensified order intake from several technology providers of passwordless
consumer applications in digital authentication and crypto management is a
strong sign of market take-up," comments Catharina Eklof, Chief Commercial
Officer of IDEX Biometrics. "Microsoft, Google and Apple are already working
with the FIDO Alliance to remove passwords. The IDEX Biometrics platform
technology is unlocking new high value applications."
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
About IDEX Biometrics
IDEX Biometrics ASA (OSE: IDEX) is a global technology leader in fingerprint
biometrics, offering authentication solutions across payments, access control,
and digital identity. Our solutions bring convenience, security, peace of mind
and seamless user experiences to the world. Built on patented and proprietary
sensor technologies, integrated circuit designs, and software, our biometric
solutions target card-based applications for payments and digital
authentication. As an industry-enabler we partner with leading card
manufacturers and technology companies to bring our solutions to market.
For more information, visit www.idexbiometrics.com
(https://www.globenewswire.com/Tracker?data=BnE5LJjcuYFEebmLj9ha56-
cNdeTiGiOe9X5nN_EuFsBGVq_AbnqoNj8QX584pYmihfWqOchzArkMukbaTPrmImq8ROXtmpb0b3V3ML
JKqY=)
TRADEMARK STATEMENT
IDEX, 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.