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IDEX Biometrics ASA — Board/Management Information 2018
May 8, 2018
3633_rns_2018-05-08_e0b8b979-3e3d-4ede-8033-998a76c474a5.html
Board/Management Information
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IDEX strengthens go to market organisation in preparation for mass commercialisation
IDEX strengthens go to market organisation in preparation for mass commercialisation
Oslo, Norway - 8 May 2018 - IDEX ASA, the leading provider of advanced
fingerprint identification and authentication solutions is strengthening its
sales and marketing organisation in preparation for mass commercialisation of
the company's fingerprint solutions for biometric cards. The company has
attracted several experts from the cards and payment industry and significantly
upgraded its efforts on marketing communications.
The company recently appointed David Orme as SVP Global Sales and Marketing. Mr
Orme has a strong track record in supporting key sales, marketing and business
development activity, in particular from Bell ID, where he was the CEO for 9
years and drove the business to substantial growth until acquisition by Rambus
Inc., a top tier semiconductor company, in 2016. Most recently, Mr Orme has
helped transition the Bell ID business to being part of Rambus Security
Division. He has also been the COO of Quadnetics Group plc and Bell Group plc,
both major electronic security companies. Mr Orme will join IDEX's executive
management team from early June.
IDEX has recently made several new hires in Asia as part of the transformation
to a card centric organisation. The hires have extensive experience from the
smart card- and fingerprint industry, including companies such as Gemalto,
Oberthur, Synaptics, NEXT Biometrics and Authentec. In addition, IDEX has
engaged a Global Head of Marketing Communications and a PR agency.
"I am very excited about our strong team of commercial hires and our ability to
attract industry experts based on our leadership position in the biometric cards
market. I am really looking forward to getting David on board with his solid
experience and relationships in the payments and security ecosystem. He and his
team are key to our success going forward," says Stan Swearingen, CEO of IDEX.
Contact:
Charlotte Knudsen, Director of IR and Communications,
+47 9756 1959, [email protected]
Henrik Knudtzon, CFO,
+47 9302 2827, [email protected]
About IDEX ASA:
IDEX is a leading developer of advanced off-chip fingerprint sensors and
complete system solutions to a range of biometrically-enabled applications,
including smart cards, Internet of Things (IoT) and mobile. The company's
technology is based on a fundamentally unique architecture that delivers form
factor flexibility and superior cost-performance characteristics. IDEX's total
addressable market represents a fast-growing multi-billion unit opportunity.
IDEX ASA is traded on the Oslo stock exchange under the ticker IDEX.
For more information, please visit www.idexbiometrics.com and follow us on
Twitter @IDEXASA
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.