IDEX Biometrics ASA today announced the launch of its new product portfolio for
payment and access solutions, accompanied by a redesigned website showcasing the
company's advanced biometric authentication offerings.
This launch marks a key milestone in the company's strategic transformation and
delivery on previously communicated commitments.
Link: Access and payment reinvented with biometrics | IDEX Biometrics
(https://idexbiometrics.com/) (idexbiometrics.com)
"IDEX is delivering exactly as promised," said Anders Storbråten, CEO of IDEX
Biometrics. "Our new product portfolio positions us at the forefront of the
global shift toward passwordless authentication.
We are meeting growing demand with biometric solutions that outperform anything
else on the market - in both security and user experience.
With this launch, we have completed a strategic transformation: IDEX has evolved
from a component supplier into a fully-fledged product company.
This shift significantly strengthens our value proposition, expands our
addressable market, and enhances our ability to scale recurring revenue",
continues Anders Storbråten.
During the third quarter, IDEX entered into multiple partnerships through
Letters of Intent and initiated product testing with several companies,
targeting commercial launches throughout 2025.
Customer feedback has been exceptionally strong, with partners expressing high
demand for passwordless solutions where IDEX demonstrates superior performance
compared to alternative technologies.
IDEX is targeting two high-growth markets:
* The Zero Trust security market, projected to grow from $42.91 billion in
2025 to $92.42 billion by 2030
* The digital payment fraud detection market, expected to expand from $8.1
billion to $20.0 billion by 2032
IDEX will host a company and investor presentation during September covering the
new product portfolio and market opportunities. The specific time and place
will be announced separately.
About this notice
This notice was issued by Kjell-Arne Besseberg, COO, on 11 September 2025 at
07:00 CEST on behalf of IDEX Biometrics ASA.