Oslo, Norway, 10 December
2018: IDEX Biometrics (IDEX ASA), the leading provider of
advanced fingerprint identification and authentication solutions,
is pleased to announce that it is collaborating with Visionox,
China's largest OLED display manufacturer. The parties are
exploring development of the next-generation of IDEX's unique
off-chip biometric sensors for smart cards employing Visionox's
flexible LTPS TFT backplane technology. The goal of the
collaboration is to enable cost-effective, feature-rich smart card
systems employing both display and biometric technologies.
Stan Swearingen, CEO of IDEX Biometrics comments:
"The IDEX team has extensive experience in merging capacitive
sensing and display technologies. Integrated displays represent the
next generation of fingerprint sensors in cards. By combining the
fingerprint sensor with a display, the user experience and security
can be significantly enhanced. The display can be used for a range
of features including dynamic CVV to address card-not-present
fraud, user-specific information such as account balance, or to
provide feedback when enrolling the fingerprint. The technology
will also be applicable to other verticals such as Mobile or IoT".
He continues: "We are proud to collaborate with Visionox. They are
one of the biggest players in the OLED display industry and have a
long history of innovation. We are confident about our joint
ability to commercialize this ground-breaking technology."
Mr.Tiepeng Sun, Vice President
of Sales & Marketing at Visionox adds: "Visionox
has been dedicated to technology advancement since its
beginning. Leveraging our OLED and flexible backplane
capabilities to address new markets such as smart cards
demonstrates our persistent innovation. We are pleased to be
working with a technology leader like IDEX Biometrics and we are
very excited about the potential for this technology."
About
Visionox
Founded in 2001, Visionox grew from Tsinghua University's OLED
research team to become the first Chinese firm specializing in
independent research, mass production, and sale of OLED display
products. Visionox's rise to maturity since its Tsinghua University
origins in 1996 has been instrumental in shaping the OLED industry,
and today Visionox is one of the leading suppliers of OLED display
solutions worldwide.
For more information, visit www.visionox.com
About IDEX
Biometrics
IDEX Biometrics, with 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
Contact:
Henrik Knudtzon, CFO,
+47 9302 2827, henrik.knudtzon@idexbiometrics.com
This information is subject to the disclosure
requirements pursuant to section 5-12 of the Norwegian Securities
Trading Act.