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Written by / Agency / Source: IDEX ASA
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IDEX Expects to Enter into Agreement with A Major Global IT Provider to Supply High Volumes of Next Generation Secure Fingerprint System - IDEX Biometrics expects to shortly enter into an agreement with a major global IT provider to the financial markets to upgrade their existing biometric security solutions - IDEXBiometrics.com
IDEX Expects to Enter into Agreement with A Major Global IT Provider to Supply High Volumes of Next Generation Secure Fingerprint System

 

NewswireToday - /newswire/ - Oslo, Norway, 2019/04/10 - IDEX Biometrics expects to shortly enter into an agreement with a major global IT provider to the financial markets to upgrade their existing biometric security solutions - IDEXBiometrics.com. OSE: IDEX

   
 
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IDEX Biometrics (IDEX ASA), the leading provider of advanced fingerprint identification and authentication solutions, expects to shortly enter into an agreement with a major global IT provider to the financial markets to upgrade their existing biometric security solutions. The agreement includes a multimillion-dollar commitment for IDEX’s SmartFinger® IDX 3200 dual-interface sensors, enhanced with advanced security features, and will be delivered over the next three years.

IDEX is experiencing significant interest in its biometric sensor solutions from a range of customers. The company has multiple ongoing engagements in several industries, especially the smart card industry where card integrators are making significant progress in integrating IDEX’s dual-interface biometric solutions, but also in new verticals with a strong focus on security and convenience.

Further information will be provided to the market once the agreement has been signed by both parties.

About IDEX Biometrics

IDEX Biometrics, legal name IDEX ASA (idexbiometrics.coms), 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.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

 
 
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Written by / Agency / Source: IDEX ASA

 
 

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IDEX Expects to Enter into Agreement with A Major Global IT Provider to Supply High Volumes of Next Generation Secure Fingerprint System

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Publisher Contact: Stuart Hunt - IDEXBiometrics.com 
+44(0)12 7653 4632 mailbox[.]idexbiometrics.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any IDEX ASA securities in any jurisdiction including any other companies listed or named in this release.

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