About IDEX Biometrics (OSE: IDEX and Nasdaq: IDBA
) is a leading provider of fingerprint identification technologies offering simple, secure, and personal touch-free 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.
For more information, visit www.idexbiometrics.com and follow @IDEXBiometrics.
TRADEMARK STATEMENT
The wordmark ‘IDEX’ and the IDEX logo are registered trademarks of IDEX ASA. All other brands or product names are the property of their respective holders.
IDEX Biometrics Further Strengthens its Supply Chain by Partnering with MFLEX
IDEX Biometrics ASA, a leading provider of advanced fingerprint identification and authentication solutions, has signed an agreement with Multi-Fineline Electronix, Inc. (MFLEX), a subsidiary of Suzhou Dongshan Precision Manufacturing Co., Ltd. (DSBJ), and a leading global provider of high-quality, technologically advanced flexible printed circuits and assemblies. The agreement forms a key part of IDEX’s mass production ready supply chain, essential to meet the growing demand for biometric payment cards.
Under the agreement, MFLEX will provide flexible printed circuit assemblies for IDEX’s biometric payment card reference design. This reference design is the only biometric smart card reference design that has been used in cards certified by China UnionPay. MFLEX has received an initial order from a Tier 1 card manufacturer.
IDEX partners with MFLEX | Planet Biometrics News planetbiometrics.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from planetbiometrics.com Daily Mail and Mail on Sunday newspapers.
01 March 2021 17:13 GMT
IDEX Biometrics, a leading provider of advanced fingerprint identification and authentication solutions, will list and begin trading of its American Depositary Sharess, each representing 75 ordinary shares of the Company (“Ordinary Shares”), on the Nasdaq Capital Market (“Nasdaq”) under the trading symbol “IDBA” as of market open today, March 1, 2021.
“The listing of our stock on the Nasdaq market represents a significant milestone in our growth as a publicly-traded company,” said Vince Graziani, CEO at IDEX. “We believe this dual listing will increase our visibility in the U.S. marketplace, while also improving our visibility and liquidity with a broader base of prospective shareholders. This listing also strengthens our position to further enhance market awareness of our innovative biometric products and solutions. I would like to thank our employees, directors and partners for assisting IDEX in reaching this milestone.”
The New Era of Cashless, Invisible Payments ecommercetimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ecommercetimes.com Daily Mail and Mail on Sunday newspapers.