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IDEX Biometrics ASA Earnings Release 2014

Jan 23, 2014

3633_iss_2014-01-23_a39194b9-1529-4cd5-a7ff-1363aed04ed3.html

Earnings Release

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IDEX secures 300,000 units volume order for the Colibri swipe sensors from world-class electronics manufacturer World Wide Touch Technology

IDEX secures 300,000 units volume order for the Colibri swipe sensors from world-class electronics manufacturer World Wide Touch Technology

IDEX has secured an order of 300,000 units for the Colibri swipe sensor from

World Wide Touch Technology (Holdings) Limited (WWTT). The sensors are expected

to be delivered after the first quarter of 2014. This volume order is IDEX's

first commercial launch for the Colibri swipe and touch sensor embedded in

consumer electronics devices for mobile and laptop accessories.

Kelvin Wong, CEO of WWTT, said "We are excited to be placing our first order of

IDEX's cutting-edge fingerprint sensing technology to be used in our FingerQ

product line. We believe IDEX's unique product roadmap will help us to continue

delivering innovative biometric products to the mass consumer market."

"This order by WWTT represents an important milestone in IDEX commercialization

phase," said CEO Hemant Mardia of IDEX, and added "We are very pleased to be

working even more closely with one of the early adopters of consumer fingerprint

biometrics. WWTT is already shipping and launching several biometric products

within the consumer electronics space and is rapidly expanding their FingerQ

biometric authentication platform, providing consumers cloud-based security and

convenience. This is a significant opportunity for large-scale deployment of

IDEX fingerprint sensors."

23 January 2014

IDEX ASA

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

Kristian Wiermyhr, VP strategy and sales,  +47 4127 3360, kw(at)idex.no

About IDEX ASA

IDEX ASA specialises in fingerprint imaging and recognition technology. IDEX's

vision is to ensure individuals a safe, secure, and user-friendly use of

personal ID. IDEX has developed the award-winning SmartFinger technology

platform based on the Company's core intellectual property, including the

patented fingerprint imaging principle, sensing scheme and chip design. Combined

with core software solutions for imaging and authentication, the SmartFinger

technology enables on-device enrollment, template storage and verification

within the very same module. SmartFinger solutions can be seamlessly integrated

into a variety of embedded applications such as mobile phones, one-time password

devices, Smartcards, payment and ID cards, payment terminals, access control

devices and biometric security and login tokens.

IDEX ASA (ticker IDEX) is a Norwegian public company listed at the Oslo Axess

marketplace on the Oslo Børs (Oslo stock exchange). For more information, please

visit www.idex.no or contact IDEX at [email protected]

About World Wide Touch Technology (Holdings) Limited

World Wide Touch Technology (Holdings) Limited ("WWTT") was incorporated in

2009. WWTT and it subsidiaries (collectively the "Group") are principally

engaged in the trading of and provision of services to automation related

equipment, and manufacturing of a range of high-technology products in the area

of touch, security, energy and communication.

Since July 2013, the Group has expanded its biometric service offerings and

launched the world's first biometric fingerprint privacy protection platform and

devices - FingerQ and PrivacQ to strengthen the Group's leading provider in

patented biometric security solutions.

With a vision to become a provider of "life technologies" to facilitate and

improve the daily lives of the users, the Group strives to employ cutting-edge

technologies in its products and implement strategic development plans in an

effort to enlarge its market share and promoted the diversification of its

product mix.

WWTT has been listed on The Stock Exchange of Hong Kong Limited since 15

December 2010.

Web site: http://www.wwtt.hk

--o--

This information is subject of the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

[HUG#1756552]