PRZOOM - /newswire/ - Oslo, Norway, 2018/12/10 - IDEX Biometrics, the leading provider of advanced fingerprint identification and authentication solutions is pleased to announce that it is collaborating with Visionox, China’s largest OLED display manufacturer - Visionox.com / IDEXBiometrics.com. OSE: IDEX

The parties are exploring development of the next-generation of IDEX’s unique off-chip biometric sensors for smart cards employing Visionox’s flexible LTPS TFT backplane technology. The goal of the collaboration is to enable cost-effective, feature-rich smart card systems employing both display and biometric technologies.

Stan Swearingen, CEO of IDEX Biometrics comments: “The IDEX team has extensive experience in merging capacitive sensing and display technologies. Integrated displays represent the next generation of fingerprint sensors in cards. By combining the fingerprint sensor with a display, the user experience and security can be significantly enhanced. The display can be used for a range of features including dynamic CVV to address card-not-present fraud, user-specific information such as account balance, or to provide feedback when enrolling the fingerprint. The technology will also be applicable to other verticals such as Mobile or IoT”. He continues: “We are proud to collaborate with Visionox. They are one of the biggest players in the OLED display industry and have a long history of innovation. We are confident about our joint ability to commercialize this ground-breaking technology.”

Mr.Tiepeng Sun, Vice President of Sales & Marketing at Visionox adds: “Visionox has been dedicated to technology advancement since its beginning. Leveraging our OLED and flexible backplane capabilities to address new markets such as smart cards demonstrates our persistent innovation. We are pleased to be working with a technology leader like IDEX Biometrics and we are very excited about the potential for this technology.”

About Visionox

Founded in 2001, Visionox (visionox.com) grew from Tsinghua University’s OLED research team to become the first Chinese firm specializing in independent research, mass production, and sale of OLED display products. Visionox’s rise to maturity since its Tsinghua University origins in 1996 has been instrumental in shaping the OLED industry, and today Visionox is one of the leading suppliers of OLED display solutions worldwide.

About IDEX Biometrics

IDEX Biometrics, with legal name IDEX ASA (idexbiometrics.com), is the leading provider of fingerprint identification technologies offering simple, secure and personal authentication for all. We help people make payments, prove their identity, gain access to information, unlock devices or gain admittance to buildings with the touch of a finger. We invent, engineer and commercialize these secure, yet incredibly user-friendly solutions. Our total addressable market represents a fast-growing multi-billion-unit opportunity.

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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