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IDEX Biometrics ASA Earnings Release 2015

Oct 20, 2015

3633_iss_2015-10-20_1445c91f-0091-44cc-87a1-a1e4f837aa4f.html

Earnings Release

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Idex Progress on the Mobile Market

Idex Progress on the Mobile Market

Oslo, Norway, October 20, 2015: IDEX ASA, a leader in fingerprint imaging and

recognition technology and IP, has been in active trials of our next generation

fingerprint touch sensors with several leading mobile OEMs. As a result of

positive evaluation of samples, and validation of superior imaging quality,

trials have successfully progressed to the next phase. Customer specific modules

have been manufactured and the potential customers have enabled on site

integration to commence with their application software. We expect these

activities to lead to mobile device design wins.

IDEX has enabled our fingerprint sensor software to operate with third party

enrollment and matching software, to increase customer options and maximizing go

to market solutions for our new sensors. IDEX already deploys several algorithm

solutions to cover multiple applications. This strategy enables a wider product

portfolio and supports increased customer sales activity with our channel

partners.

IDEX's next generation fingerprint sensor polymer technology has a compelling

price/performance and customizable form factor benefits. IDEX announced the

first production order for our new touch sensor on September 21, and this sensor

is now in production through our high volume supply chain.

IDEX has also made excellent progress with demonstrating our unique inside glass

sensor technology with our undisclosed partner. The inside glass solution

provides a compelling sleek and durable design with no loss of imaging quality,

leveraging the same next generation sensor technology. IDEX believes this

addresses mobile customer demands for sensors to be seamlessly integrated on the

front of phone in the cover glass.

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 ASA specialises in fingerprint imaging and recognition technology. The

company has a strong patent portfolio consisting of 25 patent families including

more than 225 granted patents, as well as cross licenses with Apple. IDEX has a

highly competitive product road map including swipe sensors, polymer touch

sensors with disruptive cost positions, and a unique in-glass solution. The

company is currently in the process of commercialising the products.

IDEX's addressable market represents a multi-billion unit opportunity, centred

on three core markets: Mobile, ID & smart cards and the Internet of Things. IDEX

has seen a substantial increase in interest from global OEMs in the last

quarters, and is positioned as one of three independent players with the

relevant IP to capture market share.

IDEX ASA (ticker IDEX) is a Norwegian public company listed on the Oslo Børs

(Oslo stock exchange). For more information, please visit www.idex.no or contact

IDEX at [email protected]

-o-

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

[HUG#1959944]