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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(

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• 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(

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