IDEX BIOMETRICS ASA [CBOE]
IDEX BIOMETRICS ASA [CBOE]
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Ticker: IDEX_NO
ISIN: NO0013107490

Asian bank pilots Feitian biometric card with IDEX dual interface sensor

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Oslo, Norway, 20 November 2018: IDEX Biometrics (IDEX ASA) the leading provider of advanced fingerprint identification and authentication solutions, is pleased to announce that a customer in Asia has commenced a pilot to test biometric cards manufactured by Feitian Technologies Co. LTD ("Feitian") featuring IDEX's dual interface sensor.

Stan Swearingen, CEO of IDEX Biometrics comments, "We are very pleased that a bank in Asia has commenced piloting biometric cards with our dual interface sensor. In July of this year we announced that Feitian had integrated our dual interface sensor into their cards, and they have now commenced piloting the product with their first customer."

Feitan will participate at the 2018 TrustTech trade show in Cannes, 27-29 November, and will showcase dual interface biometric cards featuring the IDEX sensor. Feitian will exhibit at stand LER D 011. 

Contact:
Henrik Knudtzon, CFO,
+47 9302 2827, [email protected]

About IDEX Biometrics
IDEX Biometrics, also known as IDEX ASA (OSE: IDEX), is the 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.

For more information, visit www.idexbiometrics.com and follow @IDEXBiometrics

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.



This announcement is distributed by West Corporation on behalf of West Corporation clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: IDEX ASA via Globenewswire

GlobeNewsWire Europe
GlobeNewsWire Europe

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