IDEMIA, Zwipe and IDEX Biometrics achieve key milestone towards next generation biometric card platform - Seite 2

André Løvestam, CEO of ZWIPE says: ”We are pleased to see this progress and we strongly believe that bringing forward the new platform together with IDEMIA will be a major catalyst in creating long term shareholder value and provide the technological leap needed to shape the future of the biometric payment card market and to drive commercial success for ZWIPE. The progress up until now has further strengthened our conviction that this project will meet not only the time schedule, but also the targeted unit cost reductions on biometric payment cards.”

Vince Graziani, CEO of IDEX commented: “We are proud to have been selected by IDEMIA and look forward to continue collaboration with this leader in authentication solutions, and to initiate collaboration with ZWIPE to bring biometric payment cards to the mass market. This award by one of the world’s largest card manufacturers is a validation of our off-chip product design that enables high performance at a disruptive cost point.”

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1: see PR - https://www.idemia.com/press-release/idemia-and-zwipe-partner-offer-di ...

2: manufacturers of payment cards, wearables and other payment solutions, and their suppliers.

3: see PR - https://www.idemia.com/press-release/idemia-enters-patent-license-agre ...

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For further information contact:

Marianne Bøe, Investor Relations, E-mail: [e-mail] , Tel: + 47 918 00186

Derek D’Antilio, Chief financial Officer, E-mail: [e-mail] , Tel: [phone]

About IDEX Biometrics
IDEX Biometrics ASA (OSE: IDEX and OTCQB: IDXAF) 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, unlock devices or gain admittance to buildings 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.