PRZOOM - /newswire/ - Oslo, Norway, 2016/06/02 - On June 1, 2016 LG launched their Stylus 2 Plus. The handset featured IDEX’s touch fingerprint sensor Cardinal Q - IDEX.no. OSE: IDEX

“We are very pleased to have our fingerprint sensor feature in a global LG smartphone. IDEX is one of a few fingerprint sensor vendors designed into a tier-1 mobile handset. This is a significant validation of the IDEX value proposition,” said Dr. Hemant Mardia, CEO of IDEX. “We are confident this will pave the way for additional design wins with our competitive sensor product portfolio in the coming quarters”, he continued.

The Cardinal Q and the newly released Cardinal N silicon sensor products have the smallest silicon footprints in the market for space challenged mobile fingerprint sensing form factors. State of the art matching algorithm technology exploits very small images to deliver quality biometric results.

About IDEX

IDEX has developed the world’s most advanced fingerprint imaging, recognition and authentication technology. IDEX’s innovative Intellectual Property (IP) is protected by a comprehensive portfolio of 44 granted and pending patent families, which continues to grow through ongoing innovation.

The IDEX business model is based on designing innovative fingerprint sensor IP and products, which IDEX sells and licenses global Original Equipment Manufacturers (OEM) partners. These partners utilise IDEX IP in a range of biometrically enabled products. The customers are either purchasing IDEX fingerprint sensor units or paying a royalty on units they produce. IDEX’s addressable market represents a multi-billion unit opportunity, centred on three core markets:

• Mobile Devices;
• ID security and Smart Cards;
• The Internet of Things.

IDEX (idex.no) offers a complete touch sensor portfolio consisting of the most highly accepted capacitive sensing techniques in circulation today, including Eagle trans-capacitive off chip sensing and Cardinal active capacitive silicon sensor solutions, all with broad IP backing. Both product categories within the IDEX portfolio of touch sensors are complete system solutions including image delivery hardware, tightly coupled software control and matching algorithm, trusted execution environment and FIDO™ compliant reference designs, as well as established module partner options.

IDEX ASA is a Norwegian public company, founded in 1996, and its shares are listed on the Oslo Børs (the stock exchange in Oslo).

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

Agency / Source: IDEX ASA

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