IDEX Biometrics ASA — Board/Management Information 2016

May 9, 2016

IDEX Appoints Stan Swearingen to the Strategy Advisory Council

IDEX Appoints Stan Swearingen to the Strategy Advisory Council

Oslo, Norway, 9 May 2016: IDEX announces the appointment of Stan Swearingen to

the Strategy Advisory Council, and as a strategic consultant. The Strategy

Advisory Council advises the company on market, technology and strategic trends

in the rapidly developing mass market for fingerprint sensors.

Stan Swearingen is an industry veteran with a very strong record of

accomplishment. His experience includes roles as former SVP & CTO at blue chip

semiconductor companies Atmel and Synaptics. Stan has over 30 years' experience

in semiconductors, solutions for smartphones, and biometrics. At Synaptics Stan

was instrumental in formulating the biometric fingerprint strategy, including

the acquisition of Validity.

Larry Ciaccia, Chair of the IDEX Strategy Advisory Council, commented: "Stan

brings a unique combination of experience from the smartphone market across

touch control and display technologies along with the development of new

fingerprint sensor based solutions. Stan's history in development, technology

innovation and strategy formulation of solutions for the smartphone market,

together with high level interactions with key smartphone OEMs and ecosystem

worldwide, will be an invaluable asset to IDEX"

"The market for fingerprint sensor Solutions is a sustainable growth opportunity

for IDEX. The IP, fundamental technology and roadmap of IDEX is an ideal

environment to bring my skills and experience  in the development of new and

innovative solutions to position IDEX as a market leader for fingerprint

biometric solutions", said Stan Swearingen. "I very much looking forward to

contributing to the IDEX journey", he added.

Hemant Mardia, CEO of IDEX commented: "The addition of Stan along with Larry and

Michael brings together two of the leaders from the fingerprint market along

with a key industry visionary in the payment space. I am excited about the

combination of talent we have been able to assemble on the Strategy Advisory

Council in shaping the future of IDEX. It is tremendous that Stan has chosen to

work with IDEX to help drive our innovation roadmap and team development to the

next level at the commercialization phase for IDEX."

Web: www.idex.no

Twitter: http://www.twitter.com/idexasa

LinkedIn: http://www.linkedin.com/company/idex-asa

Contacts

Hemant Mardia, CEO, +44 7788 922 171, hm(at)idex.no

Henrik Knudtzon CFO, +47 9302 2827, hk(at)idex.no

About IDEX

IDEX has developed the world's most advanced fingerprint imaging, recognition

and authentication technology. IDEX's innovative Intellectual Property (IP) is

protected by a comprehensive portfolio of 47 granted and pending patent

families, which continues to grow through ongoing innovation.

The IDEX business model is based on designing innovative fingerprint sensor IP

and products, which IDEX sells and licenses global Original Equipment

Manufacturers (OEM) partners. These partners utilise IDEX IP in a range of

biometrically enabled products. The customersare either purchasing IDEX

fingerprint sensor units or paying a royalty on units they produce. IDEX's

addressable market represents a multi-billion unit opportunity, centred on three

core markets:

· Mobile Devices

· ID security and Smart Cards

· The Internet of Things

IDEX has an exciting and competitive product ready road map including swipe

sensors, touch sensors with disruptive cost positions, and a unique in-glass

solution. The Company is currently in the process of commercialising these

products and has recently announced a number of important OEM partnerships and

end user design wins.

IDEX ASA (ticker IDEX) is a Norwegian public company, founded in 1995, and its

shares are Listed on the Oslo Børs (Oslo stock exchange). For more information,

please visit www.idex.no or contact IDEX at hk(at)idex.no

-o-

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

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