IDEX Biometrics receives IDEX Pay order for VISA biometric cards in MEA

20 Feb 2025 08:30 CET

Oslo, Norway - 20 February 2025 - A leading smart card technology, security and
ID company based in MEA (Middle-East & Africa) has placed a production order of
10,000 units with IDEX Biometrics. The order supports Visa biometric bank card
programs in one of the fastest growing payment markets in the region, and marks
the first Visa program in market on the IDEX Pay biometric technology solution.
The IDEX Biometrics partner serves over 500 banks, governments, and corporations
worldwide.

'The innovation pace of our card manufacturing partners in bringing biometric
smart cards to market is accelerating; certifications allow them to move to
industrialized production and commercialization. Ultimately bringing more secure
payments, access and identity control to more consumers around the world',
comments Catharina Eklof, Chief Executive Office at IDEX Biometrics.

For further information contact:
Marianne Bøe, Head of Investor Relations, +47 91800186
Kristian Flaten, CFO, +47 95092322
E-mail:ir@idexbiometrics.com
(mailto:ir@idexbiometrics.com)

About IDEX Biometrics
IDEX Biometrics ASA (OSE: IDEX) is a global technology leader in fingerprint
biometrics, offering authentication solutions across payments, access control,
and digital identity. The company's solutions provide convenience, security,
peace of mind, and seamless user experiences worldwide. Built on patented and
proprietary sensor technologies, integrated circuit designs, and software, IDEX
Biometrics' biometric solutions target card-based applications for payments and
digital authentication. As an industry enabler, the company partners with
leading card manufacturers and technology companies to bring its solutions to
market.

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

Trademark Statement
IDEX, 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 issued by Marianne Bøe, Head of Investor Relations, on 20
February 2025 at 08:30 CET on behalf of IDEX Biometrics ASA.

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