IDEX Issues Mid-Year Update

As we march forward into the second half of 2015, IDEX ASA – a biometric fingerprint sensor company – asserts that it is “positioned to capture significant share of the multi-billion dollar market opportunity for fingerprint sensors based on strong product portfolio and partners.”

The company has posted a detailed inventory of its activity for the first half of 2015, including highlights such as the formation of its collaborative partnership with Nok Nok Labs, the formation of a strategic partnership with a global payments company, and a commercial agreement sealed in July with a Fortune 500 company that serve to enable mass production and distribution of IDEX’s in-glass fingerprint sensor modules.

In the update, IDEX made its short term strategy known. The company will be focusing its efforts heavily on pushing its new generation fingerprint sensor developed in partnership with Cypress Semiconductor.

IDEX also emphasises the increased interest it is seeing in the smart cards market. It again points to the partnership struck with an as of yet unnamed global payments company that serves as IDEX’s presence in the burgeoning fingerprint sensor payment card market.

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August 17, 2015 – by Peter B. Counter

Partners

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