IDEX Biometrics ASA

Toshiba orders IDEX Biometric card platform for Japanese market

Toshiba Corporation has placed its first production order for biometric card

platform from IDEX Biometrics, marking the commercialization of our multi-year

partnership in Japan.

IDEX cards eliminate passwords and PINs by using fingerprint authentication

directly on the card. This Zero Trust security approach stops security and

identity breaches before they happen while making access faster and easier for

users.

Japan's Identity and Access Management market is worth billions and growing

14.3% annually, driven by increasing cyber threats and digital transformation

needs.

"We're excited to see Toshiba launch with our technology," said Anders

Storbråten, CEO of IDEX Biometrics. "This partnership shows how organizations

can reset their security with biometric cards that users actually want to

use."

Contacts

Anders Storbråten, CEO and CFO, Tel: +47 416 38 582

About Us

IDEX Biometrics ASA (OSE: IDEX) is shaping the future of access and payments.

IDEX Biometrics is advancing the future of access and payments with

identity-first biometrics. With over a decade of proprietary innovation, our

solutions are proven in the field, globally certified, and trusted by leading

financial institutions. We serve enterprises, the public sector, banks, and

issuers directly and through partners, delivering secure, seamless experiences

in digital and physical access and payments.

For more information, visit www.idexbiometrics.com

(http://www.idexbiometrics.com/)

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