IDEX Biometrics receives production order from PONE Biometrics for digital authentication

24 Apr 2023 08:00 CEST

Oslo, Norway, 24 April 2023 - IDEX Biometrics has received a production order
for biometric sensor modules from PONE Biometrics, an innovator in secure and
scalable digital authentication solutions. The IDEX Biometrics sensors will
support a variety of next-generation access control solutions with state-of-the-
art fingerprint authentication.

PONE Biometrics next-generation open-API smart device, OFFPAD, is usable across
FIDO2-certified IAM (Identity and Access Management) platforms, leveraging
fingerprint sensor technology from IDEX Biometrics. The product offering will
bring higher-performance authentication solutions to market, optimized for
logical access, and targeting highly sensitive security applications within the
enterprise, public sector, healthcare, and defence sectors.

Jan-Erik Skaug, CEO of PONE Biometrics, commented, "The unique nature of
fingerprints makes them the ideal biometric solution for strong authentication
in a convenient and easy-to-use way, enabling a seamless experience for our
customers. Our collaboration with IDEX Biometrics brings industry-leading
technology and systems to the market and supports our disruptive approach for
upgraded security through a phishing-resistant device. PONE's next-generation
OFFPAD solution, using the IDEX Biometrics sensor solution, is set to hit the
market in the second quarter of 2023. Our close collaboration with IDEX
Biometrics has been critical in driving this accelerated release."

Catharina Eklof, CCO of IDEX Biometrics, stated, "PONE Biometrics is offering an
innovative solution to address a significant and immediate market need: highly
secure authentication that is easy to use and to deploy. As more than 70% of
reported security breaches originate through disparate endpoints, such as mobile
devices and Wi-Fi-enabled laptops, the OFFPAD solution is a game-changer for
organizations that want to avoid the vulnerabilities and burdens of passwords
and PINs. Close collaboration with innovative technology front-runners like PONE
Biometrics enables IDEX Biometrics to take the lead in use cases for biometric-
based access solutions. In addition to securing payments, biometric cards are
increasingly becoming a standard approach to digital authentication."

Enclosed is a photo of PONE Biometrics digital authentication solution using
IDEX Biometrics fingerprint sensor technology. Photo by PONE Biometrics.

PONE_Biometrics_Offpad_Photo pdf (http://ml-
eu.globenewswire.com/Resource/Download/e8c9a090-c2d7-440d-aa49-4618417fb8a6)

PONE_Biometrics_Offpad_Photo
(https://www.globenewswire.com/NewsRoom/AttachmentNg/7d1bd33a-8151-4c8f-b258-
f589f8649ec3)

For further information contact:
Marianne Bøe, Head of Investor Relations
E-mail: marianne.boe@idexbiometrics.com (mailto: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. Our solutions bring convenience, security,
peace of mind and seamless user experiences to the world. Built on patented and
proprietary sensor technologies, integrated circuit designs, and software, our
biometric solutions target card-based applications for payments and digital
authentication. As an industry-enabler we partner with leading card
manufacturers and technology companies to bring our solutions to market.

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

About Pone Biometrics AS
PONE is a strong Norwegian-based cyber tech company offering the OFFPAD, the
best biometric defence against cyberattacks and a game changer in end-point
security. Developed by leading European crypto experts, the OFFPAD enables
strong passwordless authentication (FIDO 2) and easy to use phishing resistant
security, designed to protect employees wherever they are and from any device.

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

About this notice
This notice was published by Erling Svela, vice president of finance, on 24
April 2023 at 08:00 CET on behalf of IDEX Biometrics ASA.

More information:
Access the news on Oslo Bors NewsWeb site

588276_PONE_Biometrics_Offpad_Photo.pdf