IDEX Biometrics ASA — Earnings Release 2019

May 9, 2019

IDEX ASA – First quarter 2019 results

IDEX ASA – First quarter 2019 results

Oslo, Norway, 9 May 2019 - IDEX Biometrics (IDEX ASA), the leading provider of

advanced fingerprint identification and authentication solutions, today

announces further progress in the biometric smart card market. CEO Stan

Swearingen commented:

"IDEX achieved some significant milestones in the first quarter, including our

first high-volume order from a major company that's been pioneering biometric

security solutions for over a decade. As the biometric smart card market

continues to evolve, are very excited by the opportunities we see in 2019."

Highlights

Growing demand for IDEX's biometric technologies

* Landmark customer agreement signed with global IT services and news company

to supply secure fingerprint system in high volumes. The agreement includes

a significant minimum commitment over several years. Shipments expected to

commence in H2 2019

* XH Smart Tech showcases IDEX dual-interface sensor at Mobile World Congress

in Barcelona

* Edenred biometric smart card pilot for financial inclusion segment in Mexico

using IDEX sensors heralding start of new vertical

* Major Asian payment scheme demonstrates biometric payment cards featuring

IDEX's dual-interface sensor

Accelerating development of biometric smart card market through eco-system

collaborations

* Collaboration with Goldpac, the largest card manufacturer in China

* IDEX and Chutian Dragon working with PAX to accelerate biometric smart card

adoption in Asia

IDEX cements role as biometric solution provider with remote enroll

* Two foundational remote enroll patents granted in the US. More pending in

other jurisdictions

Financial position enabling future investments

* Completion of NOK 214 million funding

Organizational changes to reflect the technology development progress at IDEX

* Appointment of new Chief Technology Officer and creation of Chief Innovation

Officer role

IDEX will be hosting its annual general meeting today, Wednesday 9 May 2019, at

09:00 CET at the Vika Atrium Conference Centre in Munkedamsveien 45 in Oslo,

followed by a presentation of the first quarter results by the CEO Stan

Swearingen and CFO Henrik Knudtzon.

Please find the first quarter 2019 report and the presentation of the results

attached.

For further information contact:

Stuart Hunt, Head of Investor Relations & Communications

+44 (0)1276 534 632

About IDEX Biometrics

IDEX Biometrics, legal name IDEX ASA (OSE: IDEX), is the leading provider of

fingerprint identification technologies offering simple, secure and personal

authentication for all. We help people make payments, prove their identity, gain

access to information, unlock devices or gain admittance to buildings with the

touch of a finger. We invent, engineer and commercialize these secure, yet

incredibly user-friendly solutions. Our total addressable market represents a

fast-growing multi-billion-unit opportunity.

For more information, visit www.idexbiometrics.com

(http://www.idexbiometrics.com/) and follow @IDEXBiometrics

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.