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IDEX Biometrics ASA — Earnings Release 2014
Feb 24, 2015
3633_rns_2015-02-24_8abc08f8-b544-4c6d-94bd-2c6ca5642127.pdf
Earnings Release
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ENABLING(THE(MASS(MARKET(FOR( SECURE(ID(
!February!2015! Dr.!Hemant!Mardia,!CEO! www.idex.no!
IDEX!HIGHLIGHTS:!Q4!2014!
IDEX!sensors!shipped!and! inserted!in!products!
• WWTT(mobile( accessories( launched(at(CES(
24.2.15
• CardTech:(industry( first(ISO(standard( card(
New!offLchip!touch!sensor!demonstrated!
- Ground(breaking( image(quality(from( prototype(
- Significant(resources( expediHng(final( product(with(Cypress(
AddiNonal!Ner!one!partnerships!forged! IP!strengthened!with!unique!soTware!
- AcquisiHon(of(world( class(matcher(algorithm(
- Trustonic(secure( authenHcaHon(
IDEX!HIGHLIGHTS:!2014!
IDEX
100%!PENETRATION!OF!BIOMETRICS!IN!SMART!DEVICES!EXPECTED!
| IDEX!AT!A!GLANCE! | ||||
|---|---|---|---|---|
| Share!details! | Share(price:(NOK(5.08( (\$(0.66( | Market(cap:(NOK(2,102M( (\$(275M( | Share!price!development!(24!months)! | |
| LocaNons! | Oslo,(Norway((HQ);(Silicon(Valley,( Boston(USA;(Asia( |
|||
| Employees! | 51(staff(and(12(consultants*( | |||
| Strategy!Advisory!Board! | Management!team! | IDEX!team!expanded!with!strong!biometric!&!technology!track!records! | Recent!key!hires! | |
| Larry!Ciaccia • Former(CEO(of(AuthenTec |
Dr!Hemant!Mardia,!CEO( • |
Former(CEO(of(Filtronic(Plc,(LSE(listed( | Qiu!Lunji,(GM(and(VP(of(IDEX(China( • Former(GM/VP(Next(Biometrics(China( |
|
| Michael!Barre_! • |
Former(chairman(FIDO(Alliance,(CISO( PayPal,(VP(Security(American(Express( |
Fred!Benkley,!CTO(IDEX(America( • CoqFounder(Validity( |
telecoms,(founder(of(technology(start(ups(( | and(GM/VP(AuthenTec(China(( Art!Stewart,(SVP(of(Product(Management(( • Former(VP(SynapHcs(and(VP(AuthenTec |
| Andy!MacLeod!! • AsiaqPacific(region( |
CTO(of(Vodafone(plc's(EMEA(and( | • CoqFounder(Validity( |
David!Geoffroy,!Director(of(Engineering( |
2015!IDEX!OUTLOOK!
Patents,!products,!people!and!funding!in!place!to!deliver!significant!market!share!
• Key!milestones!in!2015!will!unlock!IDEX's!growth
• PRODUCT!DEVELOPMENT:!!
- Launch(of(new(ground(breaking(touch(sensor(at(MWC(in(March(with(Cypress(
- Extensive(sampling(to(mobile(OEMs(with(partners(to(win(programs(in(Q2(
- DemonstraHon(of(progress(on(glass(swipe(sensor(technology(at(MWC(
- Flex(touch(product(development(to(enable(ID/payment(biometric(cards(
- Product(sampling(to(meet(emerging(demand(for(IOT(applicaHons(
• STRATEGIC!DEVELOPMENT:!
- Increasing(investor(access(e.g.(ROTH(investor(conference,(USA(March(2015(
- Progress(with(further(major(partner(agreements(underpinning(growth(
15 24.2.15
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