IDEX Biometrics receives first production order for IDEX Pay complete biometric solution
16 Junho 2023 - 3:12AM
IDEX Biometrics receives first production order for IDEX Pay
complete biometric solution
Oslo, Norway – June 16, 2023 – IDEX Biometrics has received a
volume production order totalling nearly USD 1 million from a
leading European manufacturer. This represents the first scale
production order for the IDEX Pay certified solution including IDEX
biometric software operating system and sensor technology. The
significance of this order underscores the growing market demand
for biometric payment cards based on the IDEX Biometrics
technology, and this production will service banks launching
biometric cards in Bangladesh, India, and Turkey.
“This order is another validation of strong market demand and
rapid acceleration, in line with recent announcements of banks
across Europe and Asia launching biometric payment cards. Market
research indicates strong consumer appetite for biometric payment
cards, with over 80% of consumers globally confirming interest and
willingness to pay.,” stated Vince Graziani, CEO of IDEX
Biometrics.
For further information contact: Marianne Bøe,
Head of Investor Relations E-mail: marianne.boe@idexbiometrics.com
Tel: + 47 918 00186
About IDEX Biometrics
IDEX Biometrics ASA (OSE: IDEX and Nasdaq: IDBA) is a global
technology leader in fingerprint biometrics, offering
authentication solutions across payments, access control, and
digital identity. Our solutions bring convenience, security, peace
of mind and seamless user experiences to the world. Built on
patented and proprietary sensor technologies, integrated circuit
designs, and software, our biometric solutions target card-based
applications for payments and digital authentication. As an
industry-enabler we partner with leading card manufacturers and
technology companies to bring our solutions to market.
For more information, visit www.idexbiometrics.com
TRADEMARK STATEMENT IDEX, 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.
This information is subject to the disclosure requirements
pursuant to Section 5-12 the Norwegian Securities Trading Act
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