PRZOOM - /newswire/ - Oslo, Norway, 2020/10/26 - IDEX Biometrics ASA is collaborating with Shanghai Fudan Microelectronics Group Co., Ltd (FMSH) to integrate IDEX’s biometric solution with Fudan Microelectronics latest generation Secure Element targeted at multiple market segments - FMSH.com. OSE: IDEX

IDEX Biometrics ASA, a leading provider of advanced fingerprint identification and authentication solutions, is collaborating with Shanghai Fudan Microelectronics Group Co., Ltd (FMSH) (fmsh.com), a leading company in the design and development of ASICs and complete systems solutions, to integrate IDEX’s biometric solution with Fudan Microelectronics latest generation Secure Element targeted at multiple market segments.
Fudan Microelectronics develops secure elements and solutions that support payment, medical insurance, transportation, ID and emerging digital currency standards and has shipped over 10 billion ASICS.

“A key part of IDEX’s strategy is to partner with secure element industry leaders such as Fudan Microelectronics for providing solutions to all global card manufacturers,” said Vince Graziani, CEO, IDEX Biometrics. “When coupled to previously announced secure element engagements with HED, Infineon, TMC, Idemia/Zwipe and others to follow, IDEX has the largest portfolio of SE partnerships enabling smart card manufacturers to use their existing secure element technology investments such as card operating systems. Broad secure element support is critical to enable the expected rapid acceleration of biometric card deployments.”

About IDEX Biometrics

IDEX Biometrics ASA (idexbiometrics.com) is a 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 the Norwegian Securities Trading Act.

Contact: Marianne Bøe, Investor Relations
T: +47 918 00186 - E: marianne.boe[.]idexbiometrics.com.

Agency / Source: IDEX ASA

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