IDEX Biometrics receives IDEX Access production order from Sentry Enterprises
March 15 2024 - 3:30AM
OSLO, Norway, March 15, 2024 – IDEX Biometrics has received a
production order from US-based Sentry Enterprises for IDEX Access
biometric solutions. The order, which will be delivered over three
quarters, will support scaling of Sentry’s industry leading
biometric card product line for combined digital and physical
access as well as the crypto cold storage.
Sentry's biometric card solution addresses the increasing need
for enterprise security and deployment of Zero Trust Programs.
Sentry’s solution changes the paradigm of multi factor
authentication and introduces seamless decentralized authentication
with mobile and card. To ensure enterprise compliancy with
reinforced cybersecurity and data privacy regulations1, biometric
identity solutions are becoming a critical part of the enterprise
security system to protect assets and access for enterprises,
governments, and individuals. Thanks to strong energy harvesting
capabilities, the card form factor is ideal to simultaneously
deliver both physical and digital access, working seamlessly across
NFC readers including mobile phones.
”This order confirms market momentum for decentralized biometric
identification and new access management solutions in the USA.
Business continuity and enterprise resilience continues to be top
strategic priorities for CISO’s and executive management, with the
acceleration of cybersecurity threats, comments Vince Graziani, CEO
of IDEX Biometrics. Sentry is a solving for today's identity
challenges and the Web3 future and we are thrilled that IDEX
biometric solution supports the SentryCard and Sentinel Wallet
market expansion.”
1GDPR, CCPA,BIPA, NIS2 and DORA
For further information,
contact:Marianne Bøe, Head of Investor
RelationsE-mail: marianne.boe@idexbiometrics.com Tel.:
+47 918 00186
About IDEX BiometricsIDEX Biometrics ASA (OSE:
IDEX) is a global technology leader in fingerprint biometrics,
offering authentication solutions across payments, access control,
and digital identity. Our solutions bring convenience, security,
peace of mind and seamless user experiences to the world. Built on
patented and proprietary sensor technologies, integrated circuit
designs, and software, our biometric solutions target card-based
applications for payments and digital authentication. As an
industry-enabler we partner with leading card manufacturers and
technology companies to bring our solutions to market.
For more information, visit www.idexbiometrics.com
TRADEMARK STATEMENT
IDEX, IDEX Biometrics and the IDEX logo are
trademarks owned by IDEX Biometrics ASA. All other brands or
product names are the property of their respective holders.
About this notice:This notice
discloses inside information pursuant to the EU Market Abuse
Regulation and was published by Marianne Bøe, Head of Investor
Relations, on 15 March 2024 at 08:30 CET on behalf of IDEX
Biometrics ASA. The notice is published in accordance with section
5-12 the Norwegian Securities Trading Act.
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