IDEX Biometrics Receives Additional Production Order for TrustedBio™ Sensors
May 26 2021 - 2:00AM
Oslo, Norway – 26 May 2021 – IDEX Biometrics
ASA, a leading provider of advanced fingerprint
identification and authentication solutions, has received an
additional volume order for its TrustedBio™ biometric fingerprint
sensors from an existing customer, a global smart card integrator
and manufacturer transitioning from pilot to full production.
Vince Graziani, Chief Executive Officer of IDEX Biometrics,
stated, “This order is representative of the broad demand
acceleration we have been anticipating, and a further indication of
the confidence the smart card market is placing in fingerprint
biometrics. This key customer is experiencing demand beyond its
prior forecasts, and other current and prospective customers are
seeing similar acceleration in demand and the resulting launch of
biometric smart card programs.”
Mr. Graziani continued, “The market has recognized the superior
cost and performance profiles of our TrustedBio solution, and we
anticipate our bookings momentum to expand over the coming months,
given the projected growth of biometrically-enabled smart card
deployments.”
For further information contact: Marianne Bøe,
Investor Relations E-mail: marianne.boe@idexbiometrics.com Tel:
+47 9180 0186
About IDEX Biometrics IDEX Biometrics ASA (OSE:
IDEX and NASDAQ: IDBA) is a leading provider of fingerprint
identification technologies offering simple, secure, and personal
touch-free authentication for all. We help people make
payments, prove their identity, gain access to information, unlock
devices or gain admittance to buildings. We invent, engineer, and
commercialize these secure and safe 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 on Twitter @IDEXBiometrics.
Trademark Statement The wordmark ‘IDEX’ and the
IDEX logo are registered trademarks of IDEX ASA. All other brands
or product names are the property of their respective holders.
This information is subject to the disclosure requirements
pursuant to Section 5-12 the Norwegian Securities Trading Act.
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