IDEX Biometrics Receives High Volume Order for Mass Production of TrustedBio Fingerprint Sensors
November 04 2021 - 3:15AM
Oslo, Norway – 04 November 2021 - IDEX Biometrics
ASA today announced it has received a mass production
order for its TrustedBio® fingerprint sensor from IDEMIA Group.
IDEMIA is the developer of the F.CODE payment card, which is
secured by IDEX Biometrics’ fingerprint authentication solution.
This is the largest production order for TrustedBio received to
date and represents a material increase to the current backlog.
Deliveries against this new order are scheduled to begin shipping
in early 2022 in support of commercial launches and trials with
banks.IDEX Biometrics’ Chief Executive Officer, Vince Graziani,
commented, “We are proud to announce this significant additional
booking from our partner IDEMIA. Our joint development has
resulted in a highly integrated, biometrically-enabled smart card
with industry leading performance. This order is representative of
the rapid increase in demand we are seeing for smart cards secured
by fingerprint authentication.”
For further information contact:Marianne Bøe,
Investor Relations E-mail: marianne.boe@idexbiometrics.com Tel:
+47 9180 0186Brett L Perry, U.S. Investor RelationsE-mail:
bperry@sheltongroup.comTel: + 1 214 272 0070
About IDEX BiometricsIDEX Biometrics ASA (OSE:
IDEX and Nasdaq: IDBA) is a 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 or unlock devices 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
TRADEMARK STATEMENTIDEX, TrustedBio, 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. EMV, which
stands for Europay, Mastercard and Visa, is the trademark of EMVCo,
LLC, which administers standards for card-based transaction and
authentication standards.
This information is subject to the disclosure requirements
pursuant to Section 5-12 the Norwegian Securities Trading Act
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