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its expanding initiative in secure access control and digital identity
solutions. Dongwoon Anatech has placed additional orders for TrustedBio® sensors
to support a range of card-based access control products with fingerprint
authentication.
Kim Dong Cheol, Chief Executive Officer of Dongwoon Anatech, commented, “We are
pursuing innovative applications for card-based biometric authentication, which
we believe is a very promising market. Due to the unique and personal nature of
fingerprints, they are an ideal biometric for providing robust authentication,
while delivering a seamless experience for consumers and enterprises. We are
very excited about our collaboration with IDEX Biometrics, which offers
industry-leading technology and systems support to reduce our time to market.”
Vince Graziani, Chief Executive Officer of IDEX Biometrics, stated, “In addition
to securing payments, biometric cards increasingly are being used for management
of digital identities, with highly secure applications ranging from protecting
sensitive physical locations to protecting vulnerable computing networks.
Partnering with innovative technology leaders like Dongwoon Anatech enables IDEX
Biometrics to accelerate its response to this rapidly growing opportunity.
Fingerprint biometrics will soon be considered a standard approach to
authentication, whether used in payment cards, digital wallets, or in the
digital identification applications pursued by our partner Dongwoon Anatech.”
For further information contact:
Marianne Bøe, Head of Investor Relations
E-mail: marianne.boe@idexbiometrics.com
Tel: + 47 918 00186
Brett L Perry, U.S. Investor Relations
E-mail: bperry@sheltongroup.com
Tel: + 1 214 272 0070
About IDEX Biometrics
IDEX 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.
About Dongwoon Anatech
Based in Seoul, South Korea, and listed on the South Korea Stock Exchange
(KOSDAQ:094170), Dongwoon Anatech Co., Ltd. has more than 20 years of experience
in the semiconductor industry, specializing in analog and power driver ICs. Our
autofocus driver IC has the largest market share worldwide. We also design
fingerprint modules that can apply to various fields such as digital door locks,
cold wallets, and access control / ID cards.
For more information, visit www.dwanatech.com.
TRADEMARK STATEMENT
IDEX, 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.
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