03 Mar 2023 08:18 CET

Oslo, Norway and Paris, France - 03 March 2023 - IDEX Biometrics turnkey
solution for biometric smart cards is ramping into volume production. The
solution is based on IDEX Biometrics sensors, paired with Infineon Technologies'
latest generation SLC38 secure element chips and the IDEX biometric card
operating system.

Linxens has placed a volume production order with Infineon for SLC38 chips
including the IDEX card operating system software. Linxens orders totaling 1
million units of the SLC38 secure element, will be assembled into custom EMV
modules for the IDEX Biometric Payment turnkey solution manufactured by Linxens
to support demand for the complete IDEX biometric reference card solution.

IDEX Biometrics leading biometric technology solution reduces time to market for
card manufacturers. Already today, more than 10 card manufacturers worldwide are
in progress to commercialize IDEX Biometrics solution in 2023. Beyond Europe and
Middle East, banks in Asia Pacific are now lining up to launch biometric payment
cards.

Linxens is a global leading technology company, specializing in the manufacture
of secure electronic components for smart cards. They provide a complete
solution for biometric smart card manufacturers including IDEX TrustedBio
sensors, and IDEX card operating system, combined with Linxens BioLAM card
inlay, and EMV module including the Infineon SLC38 secure element.

Vince Graziani, Chief Executive Officer of IDEX Biometrics, stated, "We are
excited to see that our complete solution for biometric smart cards has reached
the commercialization phase. Card manufacturers clearly see the value of having
a complete, pre-certified solution offering from industry leaders like Linxens
and IDEX Biometrics."

Cuong H. Duong, President and Chief Executive Officer of Linxens, commented, "We
are happy to see this development with IDEX Biometrics moving into production
and building momentum with the IDEX Biometrics / Infineon reference solution.
Fingerprint biometrics is a strategic investment area for Linxens, representing
a key authentication and data security technology solution across payments,
access control, healthcare, transportation, and a range of identification uses."

For further information contact:
Marianne Bøe, Head of Investor Relations
E-mail: marianne.boe@idexbiometrics.com
Tel: + 47 918 00186

About IDEX Biometrics

IDEX Biometrics ASA (OSE: IDEX and Nasdaq: IDBA) is a global technology leader
in fingerprint biometrics, offering authentication solutions across payments,
access control, and digital identity to create unmatched convenience and
uncompromised security for users. Our solutions are based on patented and
proprietary sensor technologies, integrated circuit designs, and software,
targeting card-based applications for payments and digital authentication. We
partner with leading card manufacturers and other industry experts to bring our
solutions to market.

For more information, visit www.idexbiometrics.com
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About Linxens

Linxens is a global leading technology company. With more than 30 years'
experience in the electronics industry, Linxens leverages on the expertise and
know-how of its 3000 talents to design and manufacture flexible electronics in
reel-to-reel format for smart cards, and RFID antennas.
A specialist in the manufacture of secure electronic components for smart cards,
Linxens' solutions are used worldwide in various applications in markets such as
banking, telecoms, government and healthcare, and to ensure access control,
asset tracking, authentication and identity.
With production sites and R&D centers in Europe and South-East Asia, Linxens is
the partner of choice to accompany clients in developing customized solutions or
ensuring large-scale production anywhere in the world, for any market.

For more information, visit www.linxens.com (http://www.linxens.com)

TRADEMARK STATEMENT
IDEX, TrustedBio, IDEX Biometrics and the IDEX logo are trademarks owned by IDEX
Biometrics ASA. All other brands or product names are the property of their
respective holders.

This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act


Source

IDEX Biometrics ASA

Provider

Oslo Børs Newspoint

Company Name

IDEX BIOMETRICS

ISIN

NO0003070609, NO0013107490

Symbol

IDEX

Market

Oslo Børs