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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.