IDEX Biometrics (IDEX)

H.L · november 13, 2018, 10:52pm

Tok en ny inngang på traderpotten min på 4,4 etter å ha solgt på 5,2. Virker som denne går 10-15% på nyheter for deretter falle tilbake

TekBot · november 20, 2018, 9:46am

20/11-2018 10:45:10: (IDEX) Asian bank pilots Feitian biometric card with IDEX dual interface sensor

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Oslo, Norway, 20 November 2018: IDEX Biometrics (IDEX ASA) the leading provider of advanced fingerprint identification and authentication solutions, is pleased to announce that a customer in Asia has commenced a pilot to test biometric cards manufactured by Feitian Technologies Co. LTD (“Feitian”) featuring IDEX’s dual interface sensor.

Stan Swearingen, CEO of IDEX Biometrics comments, “We are very pleased that a bank in Asia has commenced piloting biometric cards with our dual interface sensor. In July of this year we announced that Feitian had integrated our dual interface sensor into their cards, and they have now commenced piloting the product with their first customer.”

Feitan will participate at the 2018 TrustTech trade show in Cannes, 27-29 November, and will showcase dual interface biometric cards featuring the IDEX sensor. Feitian will exhibit at stand LER D 011.

Contact:
Henrik Knudtzon, CFO,
+47 9302 2827, henrik.knudtzon@idexbiometrics.com

About IDEX Biometrics
IDEX Biometrics, also known as 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

http://www.netfonds.no/quotes/release.php?id=20181120.GlobeNewswire.HUG2226319

TekBot · november 23, 2018, 6:46am

23/11-2018 07:45:29: (IDEX) IDEX Biometrics collaborates with Chutian Dragon on dual-interface biometric smart cards

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Oslo, Norway, 23 November 2018: IDEX Biometrics (IDEX ASA), the leading provider of advanced fingerprint identification and authentication solutions, is pleased to announce that it has partnered with Chutian Dragon Co., Ltd (“CTD”) in China for developing dual-interface biometric cards to multiple verticals, including payment and ID. Chutian Dragon will demonstrate the cards at the 2018 TrustTech trade show in Cannes, 27-29 November.

Chutian Dragon is a state-level high-tech enterprise combining product design, smart card production, sales and service of professional smart cards and relevant application platform system or terminal equipment. Chutian Dragon targets multiple verticals and is certified by China Union Pay, MasterCard, VISA, AMEX and JCB. Their production capabilities are 700 million units per year, and Chutian Dragon is the main supplier of China Social ID Cards and has been one of the largest suppliers of cards to China Union Pay for several years.

Stan Swearingen, CEO of IDEX Biometrics comments, “Chutian Dragon recognize the excellent value proposition of adding biometrics to smart cards. It’s an established global player with a very strong position in China and is a great match with IDEX. Chutian Dragon is moving very fast on adopting biometric smart cards, and we are very proud that they will showcase the dual-interface cards with our fingerprint technology at TrustTech 2018.”

Susan Su, CEO of Chutian Dragon continues, “We’re very proud to be bringing the next generation of smart cards to the market. People have become accustomed to biometrics in their daily lives through smart phones, and the value proposition is equally strong, if not stronger, for smart cards. The IDEX fingerprint technology ensures a great user experience matched with high security, and we expect strong demand across the payment, ID and other verticals.”

Contact:
Henrik Knudtzon, CFO,
+47 9302 2827, henrik.knudtzon@idexbiometrics.com

About Chutian Dragon Co.

Chutian Dragon Co., Ltd. manufactures, supplies, and services smart cards and other cards. It offers telecom SIM, telecom phone, VISA smart, MasterCard smart, UnionPay, social security ID, bus travel, scratch, magnetic stripe, dual interface, custom ID, Magstripe, contactless IC, contact smart, custom smart, M2M SIM, and Mifare cards, as well as SIM card envelopes and mobile phone brackets. The company also provides professional smart card and relevant application platform systems and terminal equipment. It serves telecom communication, social security, finance, transportation, identity recognition, and other industries in Asia, Europe, America, and Africa. Chutian Dragon Co., Ltd. was founded in 2002 and its main manufacturing center is based in Dongguan, China.

For more information, visit http://www.smart-iccard.com/

About IDEX Biometrics
IDEX Biometrics, also known as 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

http://www.netfonds.no/quotes/release.php?id=20181123.GlobeNewswire.HUG2226719

H.L · november 23, 2018, 7:27am

Tror det blir mange samarbeid ila 2019

laplagam · november 23, 2018, 8:08am

Dette er et stort selskap! Veldig bra nyhet for de som er inne i aksjen. Ser den er 12% opp allerede, noe jeg fullt ut forstår. Markedet har ihvertfall forstått litt hvor stort dette er på kursutviklingen, men må være veldig gøy for de som er inne i aksjen nå.

http://www.smart-iccard.com/aboutus.html

Olee78 · november 23, 2018, 8:11am

Gøy og gøy, se på kursbevegelsen den siste tiden da
Men for de som er utenfor nærmer det seg kanskje en mulighet igjen

H.L · november 23, 2018, 8:42am

Desverre har denne blitt herjet med, hver gang det kommer en positiv melding så går den opp før den går ned igjen, slik har det vært siden den var oppe på 7-tallet… Slik jeg ser det så blir 2019-2020 utrolig spennende hvis de får til flere partnerskap og spørsmålet er hvor store bestillinger det blir på produktene deres

TekBot · november 26, 2018, 11:33am

26/11-2018 12:32:05: (IDEX) IDEX Biometrics at Trustech 2018 - Just One Day to Go

Oslo, Norway - 26 Nov 2018 - IDEX Biometrics (IDEX ASA) the leading provider of
advanced fingerprint identification and authentication solutions, is counting
down the hours until the 2018 TRUSTECH event being held in Cannes, France from
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Tuesday 27th to Thursday 29th November.

IDEX Biometrics and its partners, Feitian Technologies Co., Ltd (“Feitian”) and
Chutian Dragon Smart Card Co., Ltd (“Chutian Dragon”), will be attending and
will be available to demonstrate their biometric fingerprint technologies being
used within a dual-interface smart card for payments.

The second part of 2018 has been a particularly exhilarating period for IDEX
Biometrics. In September IDEX celebrated achieving a world-first, a production
order for their biometric fingerprint sensors for use in a contact based smart
card for payment. In the last two months IDEX has announced multiple new
partnerships including XH Smart Tech, who also placed an order for IDEX’s
fingerprint technologies for use in their dual-interface smart cards. And as
recently as 20 November IDEX announced that a financial institution in Asia had
commenced a pilot to test dual-interface biometric cards manufactured by Feitian
featuring IDEX’s technologies.

The IDEX team, SVP for Sales & Marketing, David Orme and Jerome Chavanel,
Director of Product Management, are looking forward to speaking with other
delegates. If you are interested in meeting the IDEX Biometrics team during
TRUSTECH 2018, please contact Steffi Beeck, Events Manager, IDEX Biometrics at
steffi.beeck@idexbiometrics.com

The IDEX team is also happy to speak to the media during the event please
contact the IDEX Biometrics PR agency, Berkeley Communications at
idex@berkeleypr.com.

Contact:
Henrik Knudtzon, CFO,
+47 9302 2827, henrik.knudtzon@idexbiometrics.com

About TRUSTECH
From 27 to 29 November, the players of the trust industry will once again gather
at the Palais des Festivals in Cannes. On the agenda for this 2018 edition of
TRUSTECH: 3 days of events, networking and content. There are more than 300
exhibitors and 250 international speakers. TRUSTECH is also a great platform for
many startups that will have the opportunity to present their solution, perhaps
the future reference for tomorrow’s digital trust.

For more information, visit www.trustech-event.com

About IDEX Biometrics
IDEX Biometrics, also known as 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

http://www.netfonds.no/quotes/release.php?id=20181126.OBI.20181126S48

Ratzeputz · november 26, 2018, 4:35pm

Det er mye på gang i IDEX for tiden. Det kan være en fin inngang på dette nivået. Det virker til å være stor interesse i Asia. Det er kanskje ikke lenge før første store salgsordre tikker inn?.

De får vist seg frem igjen på TRUSTECH, messen i Cannes som starter i morgen.

About TRUSTECH
From 27 to 29 November, the players of the trust industry will once again gather
at the Palais des Festivals in Cannes. On the agenda for this 2018 edition of
TRUSTECH: 3 days of events, networking and content. There are more than 300
exhibitors and 250 international speakers. TRUSTECH is also a great platform for
many startups that will have the opportunity to present their solution, perhaps
the future reference for tomorrows digital trust.

Kjøpte meg inn igjen i dag, med snitt 3,70.

TekBot · november 27, 2018, 7:01am

27/11-2018 08:00:14: (IDEX) Infineon and IDEX Biometrics join forces to advance biometric card solutions

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Munich, Germany and Oslo, Norway - 27 November 2018 - Working together to advance the biometric card landscape: Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY), the global leader in smart card payment solutions, and IDEX Biometrics (IDEX ASA), the leading provider of advanced fingerprint identification and authentication solutions have joined forces. The two companies aim to seamlessly integrate IDEX’ biometrics technology into platforms featuring Infineon’s secure elements and will develop a system-on-card demonstrator that runs on the latest dual-interface 16-bit security controller from Infineon.

Biometric cards are expected to further reduce card fraud by introducing a simple second factor authentication. This can be used for payment transactions and applications combining payment with social services. In addition, the fingerprint authentication compresses the overall transaction times compared to a PIN authentication. This simple tap and go significantly improves the payment experience of a user.

The technical challenge of contactless biometric smart cards is their sensitive power consumption profile. Infineon’s secure elements have a big advantage to enable biometrics due to an optimized power profile in non-battery supported contactless systems as well as their outstanding contactless transaction performance. They support contactless payment transactions at significantly below 300ms, this enables a biometric payment transaction to be performed in less than one second.

“We firmly believe that leveraging the expertise of Infineon and IDEX will allow us to define a sustainable path for a secure biometric ecosystem with highest performance,” said Bjoern Scharfen, Head of the Payment & Wearables at Infineon. “Biometrics are the next innovation step for contactless payment cards, providing additional security and convenience to banks and consumers,” he added. Biometric data is securely stored on the security controller embedded in the card. It is not uploaded into the cloud and so it quite literally stays in the hands of the user.

Infineon and IDEX are also leading the charge towards interoperability, which is crucial for ensuring wide implementation of biometric solutions. The two companies are investigating and documenting the most efficient way to integrate IDEX’s host API into biometric systems with Infineon’s secure element, to fast-track dual interface biometric cards deployments.

IDEX is collaborating with major industry players to develop an open, workable ecosystem for smart card solutions that enable payment, corporate ID and access applications.

“As the leading fingerprint biometrics company, we are committed to continuously growing our partner ecosystem,” explained Stan Swearingen, CEO at IDEX Biometrics. “We are delighted to collaborate closely with the highly experienced team at Infineon towards turning the biometric integration on smart cards into a seamless experience.”

Biometric technology is already widely accepted in mobile telephony and will increasingly spread to smart card applications such as payment, identification and access solutions: According to market research firm ABI, the number of payment cards with biometric functionality is expected to grow from 4.5 million units in 2019 to 120 million by 2023.

Press contact IDEX Biometrics:
Henrik Knudtzon, CFO, +47 9302 2827, Henrik.knudtzon@idexbiometrics.com

About IDEX Biometrics
IDEX Biometrics, also known as 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.

For more information visit www.idexbiometrics.com

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

http://www.netfonds.no/quotes/release.php?id=20181127.GlobeNewswire.HUG2227006

H.L · november 27, 2018, 12:32pm

idex

Noen som ikke vil ha den over 4

TekBot · november 29, 2018, 7:01am

29/11-2018 08:00:19: (IDEX) IDEX Biometrics and HED to collaborate on reference design for biometric smart cards

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Oslo, Norway, 29 November 2018 - IDEX Biometrics (IDEX ASA) the leading provider of advanced fingerprint identification and authentication solutions, has announced a collaboration with CEC Huada Electronic Design Co., Ltd. (HED) on a reference design for biometric smart cards.

IDEX collaborates with industry leaders in the smart card space to accelerate the growth and availability of biometric smart cards. One of the critical components of a smart card is the secure element (SE), which is a tamper-resistant chip which securely hosts the matching algorithm and stores sensitive data in the smart card. For an optimally performing biometric smart card it’s essential that all the components of the card work seamlessly. The collaboration between HED and IDEX reduces complexity, simplifies integration and ultimately shortens time-to-market.

Stan Swearingen, CEO at IDEX Biometrics commented “As the leading fingerprint biometrics company in the smart card segment we are continuously looking to work with partners who can help accelerate and build the biometric smart card market. HED is the largest Chinese SE company, with a dominant position across several verticals, including national ID, social security, banking cards, and ships more than 1.5 billion pieces annually. HED is strong proponent for biometric smart cards, and we are confident the collaboration will be beneficial for both parties as well as the end user.”

Chang Feng, General Manager at HED commented “There is significant demand for the next generation of biometric smart cards. Adding biometrics enhances the user experience and security level in a smart card. To ensure an optimal solution it’s critical that the biometric system is compatible with the SE, and this is core to the IDEX and HED collaboration. We expect the reference design to be in very high demand across multiple verticals, including banking, identification, and social security.”

IDEX Biometrics Contact:
Henrik Knudtzon, CFO, +47 9302 2827, Henrik.knudtzon@idexbiometrics.com

About HED
CEC Huada Electronic Design Co., Ltd. (HED), founded in June 2002 and controlled by China Electronics Corporation (CEC) which is a Fortune Global 500 company, is China’s leading smart card and security chip supplier as well as total solution provider. HED products are widely applied in financial payment, government public utilities, identification, telecommunications and mobile payments etc. at home and worldwide. In recent years, HED has committed to new technology R&D and new applications exploration of the Internet of things and launches new product line and system solutions to gear to the requirements of intelligent transportation, smart home, and other areas of the Internet of things.HED chips are distributed globally in countries and regions including Southeast Asia, Europe, the Americas, Africa and Australia etc.

For more information, visit www.hed.com.cn.

About IDEX Biometrics
IDEX Biometrics, also known as 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

http://www.netfonds.no/quotes/release.php?id=20181129.GlobeNewswire.HUG2227280

TekBot · desember 4, 2018, 6:58am

04/12-2018 07:57:20: (IDEX) IDEX Biometrics and Excelsecu to collaborate to bring to market battery-less dual-interface biometric smart cards with display

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Oslo, Norway, 4 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 Shenzhen Excelsecu Data Technology Co., Ltd (Excelsecu) to develop battery-less dual-interface biometric cards with display.

Excelsecu is a leading Chinese supplier and solution provider of data security. The company’s product portfolio includes a wide range of security products including display cards, authentication dongles and tokens, as well as smart cards. Excelsecu’s customers span the financial services industry plus government and enterprise. Several of China’s largest banks are customers including the Industrial and Commercial Bank of China, the Agricultural Bank of China, and the Bank of Communications.

Stan Swearingen, CEO of IDEX Biometrics comments, “Excelsecu is a well-established and trusted player in the Chinese data security space. The company offers a range of high quality authentication products, and we strongly believe many of these products will become even more secure and convenient with the addition of our fingerprint technology and biometric systems expertise.”

Liuzhang Chen, VP of Excelsecu continues, “Demand for higher levels of security, coupled with a positive user experience, are essential for success in today’s digital world. Excelsecu is always innovating and looking to develop products which address these demands. Working with IDEX Biometrics, to bring to market dual-interface biometric smart cards with display, is a great example of our innovation. We look forward to working with the IDEX team and using their market leading technologies to make this innovative product a reality.”

Contacts:
Henrik Knudtzon, CFO,
+47 9302 2827, henrik.knudtzon@idexbiometrics.com

Yvonne How, International Business Development,
+86 755 86169406, es_sales@excelsecu.com

About Shenzhen Excelsecu Data Technology Co., Ltd. (Excelsecu)
Established in 2006 Excelsecu is the biggest solutions provider in Digital banking, Identity and Access Management in South China. The company has always been committed to providing customers with a comprehensive service offering, including Solution, R&D, Production, Sales and After-Sales in the areas of Digital banking, Payment, E-retailing and E-government, etc. Excelsecu has served more than 300 B2B customers and the total number of B2C customers has reached 90 million. The factory of Excelsecu, which manufactures credit cards, has passed MasterCard, Visa, UnionPay certification.

The specialty products of Exelsecu includes: USB & Bluetooth Key, FIDO, Fingerprint Card, Hardware Wallet, Dynamic CVV and One-Time Password Card, Java Card, QR Generator, Applet based on Java platform, and SDK.

For more information, visit http://www.excelsecu.com/about/

About IDEX Biometrics
IDEX Biometrics, also known as 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

http://www.netfonds.no/quotes/release.php?id=20181204.GlobeNewswire.HUG2227674

TekBot · desember 10, 2018, 10:23am

10/12-2018 11:21:43: (IDEX) IDEX Biometrics and Visionox collaborating to develop fingerprint sensors with integrated displays

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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.

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

http://www.netfonds.no/quotes/release.php?id=20181210.GlobeNewswire.HUG2228408

TekBot · desember 20, 2018, 9:44am

20/12-2018 10:42:42: (IDEX) Financial calendar

TekBot · januar 30, 2019, 6:32am

30/01-2019 07:30:14: (IDEX) IDEX completes private placement of NOK 214 million (USD 25 million)

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Oslo, Norway - 30 January 2019 - IDEX Biometrics (IDEX ASA), the leading provider of advanced fingerprint identification and authentication solutions, is pleased to announce the completion of a private placement. A total of NOK 214 million (USD 25 million) has been committed from existing shareholders, including Woodford Investment Management, Invesco and members of the Board and management team.

This fundraise will meet capital and working capital requirements and the Board expects the additional funds to take the Company through to profitability.

The private placement structure of the transaction will inherently require a waiver of existing shareholders’ preferential rights to subscribe for new shares. The Board considers such structure and waiver necessary and appropriate to secure timely financing for the purposes described above. The stated subscription price represents a 26% premium to the closing price of the IDEX share on Oslo Børs on 29 January 2019. The Board believes that the private placement is in the best interest of the Company and its shareholders.

A total of 53,437,500 shares will be issued at a price of 4.00 NOK per share, raising a total of NOK 213,750,000 (USD 25,000,000). The capital issue is covered by the board’s authorization to issue up to 10% new shares as resolved by the 2018 AGM on 9 May 2018. Following the capital increase, IDEX will have a share capital amounting to NOK 89,662,805.55, divided into 597,752,037 shares at NOK 0.15 nominal value per share.

IDEX anticipates a significant ramp-up in sales driven by rapidly growing customer demand for both its contact-less and contact-based biometric card solutions. These are now ready for mass production at market enabling prices and disruptive cost compared to alternative solutions currently being trialled in the market. The product portfolio also includes proprietary secure and compact matching algorithms, and a remote enrollment solution.

IDEX has received the industry’s first production order and believes it is the only supplier of dual-interface and contact-based solutions meeting all requirements for certification. IDEX is also the only supplier of biometric cards at competitive and enabling prices due to its ‘off-chip’ technology. This ‘off-chip’ technology has a uniquely strong cost and performance value proposition for smart cards, recognized by global eco-system leaders. As such, IDEX is ideally positioned to capture a large share of the market for biometric payment cards, estimated to reach more than 575m units by 2023 (Goode Intelligence, 2018).

This belief is supported by a significant increase in customer interest across EMEA, Americas and Asia for IDEX’s biometric payment card solutions, which adds to its growing pipeline of opportunities. Recent announcements, fortifying its Asian presence, include XH Smart Tech, Chutian Dragon Co., Ltd and CEC Huada Electronic Design Co., Ltd. The Company looks forward to announcing contract wins and important developments in the near future.

Following significant growth in end-customer traction and awareness of its biometric cards, IDEX is also pleased to report a recent increased interest in its solutions from potential global strategic partners. The Company is currently in discussion with these global partners to enable deeper strategic collaboration, which may result in an additional equity investment.

IDEX also recognizes the international composition of its shareholders and considers it increasingly important to access a broader and strategic investor base. As a result, the Company intends to pursue options to list its shares on an international regulated investment exchange such as the London Stock Exchange or Nasdaq.

To further enhance its market leading position and future competitiveness, IDEX has, in the last quarter alone, made collaborations with Visionox, to develop fingerprint sensors with integrated displays, and with Shenzhen Excelsecu Data Technology Co., Ltd to develop battery-less dual-interface biometric cards with display.

Stan Swearingen, CEO of IDEX said: “We are delighted to secure this funding from existing shareholders so that we are able to fully capitalize on the level of anticipated demand for our solutions. This investment is a strong endorsement of the massive value creation potential of IDEX’s fingerprint sensor technology in the biometric smart card space.”

For further information contact:
Henrik Knudtzon, CFO
+47 9302 2827

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

http://www.netfonds.no/quotes/release.php?id=20190130.GlobeNewswire.HUG2232753

TekBot · januar 30, 2019, 6:33am

30/01-2019 07:32:20: (IDEX) Mandatory notice of trades in IDEX - participation in private placement

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IDEX ASA issues this notice on behalf of the primary insiders below. Certain primary insiders acquired shares in IDEX ASA by participating in the private placement of shares on 30 January 2019.

The primary insiders will acquire shares at NOK 4.00 per share, the same price as the other investors participating in the private placement.

Chairman Morten Opstad, through a close associate, will acquire 100,000 shares. After this transaction, Mr. Opstad and close associates will hold 7,298,916 shares in IDEX. Mr. Opstad or his close associates do not hold any other rights to shares in IDEX.

Board member Andy MacLeod will acquire 140,000 shares. After this transaction, Mr. MacLeod will hold 693,475 shares and 500,000 incentive subscription rights in IDEX.

CEO Stan Swearingen will acquire 250,000 shares. After this transaction, Mr. Swearingen will hold 400,000 shares and 6,815,000 incentive subscription rights in IDEX.

CFO Henrik Knudtzon will acquire 100,000 shares. After this transaction, Mr. Knudtzon will hold 150,000 shares and 2,290,000 incentive subscription rights in IDEX.

30 January 2019

IDEX ASA

For further information contact:
Henrik Knudtzon, CFO
+47 9302 2827

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

http://www.netfonds.no/quotes/release.php?id=20190130.GlobeNewswire.HUG2232757

TekBot · januar 30, 2019, 6:36am

30/01-2019 07:34:28: (IDEX) Disclosure of shareholding in IDEX

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IDEX ASA issues this notice on behalf of Charles Street International Holdings Limited (“CSIHL”)

Reference is made to IDEX’s notice 30 January 2019 about issue of 53,437,500 new shares. CSIHL took part in the private placement and acquired 2,069,375 shares at NOK 4.00 per share. Following the issue, CSIHL will have a combined holding of 59,623,073 shares which represents 9.98% of the expanded number of shares and votes in IDEX.

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

http://www.netfonds.no/quotes/release.php?id=20190130.GlobeNewswire.HUG2232759

TekBot · januar 30, 2019, 6:36am

30/01-2019 07:34:30: (IDEX) Disclosure of shareholding in IDEX

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IDEX ASA issues this notice on behalf of Sundvall Holding AS.

Reference is made to IDEX’s notice 30 January 2019 about issue of 53,437,500 new shares. Sundvall Holding AS took part in the private placement and acquired 1,500,000 shares at NOK 4.00 per share. Following the issue, Sundvall Holding AS will have a combined holding of 58,411,021 shares which represents 9.77% of the expanded number of shares and votes in IDEX.

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

http://www.netfonds.no/quotes/release.php?id=20190130.GlobeNewswire.HUG2232761

BioMed · januar 30, 2019, 7:01am

4 kroner, som er + 26% over sluttkurs i går.