An Asian second tier mobile OEM has selected IDEX for its smartphone flagship model with a launch date scheduled for the fourth quarter of 2014. In line with industry practice, the OEM wishes to remain undisclosed at this stage.
“IDEX has been focussing on commercialising our best-in-class fingerprint sensor technology and leveraging our strong IP for the mobile mass market. We have recently launched and sampled mobile device customers with our swipe sensor and first generation touch sensors and these sensors have received very high interest. Our products are now being evaluated by several mobile OEMs,” said Dr. Hemant Mardia, CEO of IDEX. “IDEX is seeing strong demand for small area touch sensor solutions to implement into new flagship mobile device programmes. OEMs are focussed on the user experience afforded by small touch sensors. This design win represents the first commercial selection of IDEX sensors for a smartphone program and is a very important milestone in our business progression,” he added.
To support these products into commercial volumes, IDEX has implemented a high-volume manufacturing and supply capability with its partner CrucialTec, who is a leading established fingerprint sensor module integrator for the mobile device industry.
Note: A design win is the decision by an OEM device vendor to incorporate an IDEX sensor component or technology in a product development for a commercial model or models. The IDEX sensor solution is scheduled to be included in the product providing the customer proceeds to launch the device in the market.
IDEX ASA specialises in fingerprint imaging and recognition technology. IDEX’s vision is to ensure individuals a safe, secure, and user-friendly use of personal ID. IDEX has developed the award-winning SmartFinger technology platform based on the Company’s core intellectual property, including the patented fingerprint imaging principle, sensing scheme and chip design. Combined with core software solutions for imaging and authentication, the SmartFinger technology enables on-device enrollment, template storage and verification within the very same module. SmartFinger solutions can be seamlessly integrated into a variety of embedded applications such as mobile phones, one-time password devices, Smartcards, payment and ID cards, payment terminals, access control devices and biometric security and login tokens.
IDEX ASA (ticker IDEX) is a Norwegian public company listed at the Oslo Axess marketplace on the Oslo Børs (Oslo stock exchange). For more information contact IDEX at mailbox[.]idex.no
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.