IDEX partners with Feitian Technologies to advance biometric smart card deployment

By | November 28, 2017
Oslo, Norway, 28 November 2017 – IDEX, a leading developer of advanced fingerprint solutions for worldwide mass markets, has partnered with Feitian Technologies in commercialising a dual interface biometric smart card for deployment in multiple use cases.

Leveraging IDEX’s market leading off-chip biometric sensor technology, Feitian has developed a contact and contactless smart card for use in a variety of government ID, access control and payment use cases. The rapid card prototyping has been enabled by the provision of a complete biometric module from IDEX.

The use of biometric technology adds further complexity to the inlay and manufacturing processes for existing smart card integrators globally. Feitian’s international business serves over 100 countries and the company is a leading provider of user authentication and transaction security, with almost 1,000 employees worldwide. Uniquely, IDEX and Feitian engineering teams worked seamlessly to develop this biometric smart card in record timeframes. 

“Having watched the development of biometric technologies in other mass market verticals, we are excited to showcase our leadership in introducing biometrics to our existing leading smart card portfolio,” said Yan Yan, VP of Feitian Technologies Co., Ltd. “We are excited to be working with IDEX on these solutions, as they have clear demonstrable performance and cost advantages to conventional sensing solutions.”

Feitian and IDEX will be showcasing these developments during Trustech, the largest global event dedicated to trust-based technologies, including payment and identification with more than 18,000 attendees and more than 400 exhibitors and sponsors.

Contact:
Charlotte Knudsen, Director of IR and Communications, +47 9756 1959, [email protected]

Henrik Knudtzon, CFO, +47 9302 2827, [email protected]
Twitter: http://www.twitter.com/idexasa

About IDEX
IDEX is a leading developer of advanced off-chip fingerprint sensors and complete system solutions to a range of biometrically-enabled applications, including smart cards, Internet of Things (IoT) and mobile. The company’s technology is based on a fundamentally unique architecture that delivers form factor flexibility and superior cost-performance characteristics. IDEX’s total addressable market represents a fast-growing multi-billion unit opportunity.


IDEX ASA is traded on the Oslo stock exchange under the ticker IDEX. 
For more information, please visit www.idex.no
 
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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