Oslo, Norway, 23rd July 2015 – IDEX ASA (Oslo Børs: IDEX), a leader in high performance fingerprint sensor solutions has entered into a strategic partnership with an undisclosed global tier one company with significant presence in the mobile market.
The agreement enables scalable manufacturing and distribution of IDEX technology with the key objective to accelerate mass commercialisation of IDEX’s in-glass fingerprint sensor modules. The commercial agreement has resulted from a non-disclosed Joint Development Agreement that the parties entered into in 2014 and the identity of the company remains undisclosed for competitive reasons. This patented in-glass solution is unique to IDEX, leveraging our groundbreaking off chip fingerprint sensing technology. This will complement IDEX’s product portfolio providing the enhanced aesthetics, usability and security that mobile OEMs have been asking for.
“This partnership significantly strengthens IDEX distribution of fingerprint sensor modules to the mobile market. It will accelerate the market introduction of our key differentiating sensor technology enabling fingerprint sensing in the glass itself”, said Dr. Hemant Mardia, CEO of IDEX. “Sensing in glass is the ultimate solution for mobile OEMs especially for display integration. The durability and the look and feel are much better than conventional sensors, and with IDEX patented technology the biometric performance is also superior. IDEX is uniquely positioned to capture market share given our distinctive technology, which was demonstrated at the Mobile World congress earlier this year and has received strong interest from mobile OEMs.”
