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

IDEX Biometrics and Goldpac partners to introduce dual-interface biometric smart cards

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Oslo, Norway, 31 January 2019: IDEX Biometrics (IDEX ASA), the leading provider of advanced fingerprint identification and authentication solutions, is pleased to announce that it is partnering with Goldpac Group Ltd. ("Goldpac"), one of the five largest card integrators globally, and the only secure payment solution provider in China to hold simultaneous certifications by China UnionPay, VISA, MasterCard, American Express, JCB and Diners. The objective of the partnership is to launch dual-interface biometric smart cards to customers in China and beyond.
 
Stan Swearingen, CEO of IDEX Biometrics comments: "It's beyond doubt that the market for biometric cards will ramp significantly in 2019. During the second half of 2018 a vast range of card integrators have geared up their efforts to commercialize biometric cards which will provide simple, secure and personal authentication for all. We see especially strong pull in China, and we are extremely pleased to be working with a market leader such as Goldpac."
 
Mr. WU Siqiang, COO at Goldpac adds "Smart cards are the preferred means of authentication for billions of people. It's very exciting that the next generation of smart card is upon us. We consistently pursue innovative technologies into our payment products and strive to make them a more secure and convenient means of payment. We are pleased to be partnered with IDEX, the leading provider of fingerprint identification and authentication solutions and we are looking forward to deploying biometric smart cards in 2019".
 
About Goldpac
With 25 years of successful experience and a leading global technology portfolio, and committed to its core vision of Making Transactions More Secure and Convenient, Goldpac is specialized in delivering embedded software, secure payment products and Artificial Intelligence Financial Self-service Kiosks for global customers while leveraging innovative Fintech to provide data processing service, system platform and other total solutions for a wide business range of financial, government, healthcare, transportation, and retails.
 
For more information, visit www.goldpac.com
 
For further information contact:
Stuart Hunt, Head of Investor Relations & Communications
+44 1276 534 632
 
About IDEX Biometrics
IDEX Biometrics, legal name 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

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