IDEX Biometrics receives production order from PONE Biometrics for digital authentication

Oslo, Norway, 24 April 2023 – IDEX Biometrics has received a production order for biometric sensor modules from PONE Biometrics, an innovator in secure and scalable digital authentication solutions. The IDEX Biometrics sensors will support a variety of next-generation access control solutions with state-of-the-art fingerprint authentication.

PONE Biometrics next-generation open-API smart device, OFFPAD, is usable across FIDO2-certified IAM (Identity and Access Management) platforms, leveraging fingerprint sensor technology from IDEX Biometrics. The product offering will bring higher-performance authentication solutions to market, optimized for logical access, and targeting highly sensitive security applications within the enterprise, public sector, healthcare, and defence sectors.

Jan-Erik Skaug, CEO of PONE Biometrics, commented, "The unique nature of fingerprints makes them the ideal biometric solution for strong authentication in a convenient and easy-to-use way, enabling a seamless experience for our customers. Our collaboration with IDEX Biometrics brings industry-leading technology and systems to the market and supports our disruptive approach for upgraded security through a phishing-resistant device. PONE’s next-generation OFFPAD solution, using the IDEX Biometrics sensor solution, is set to hit the market in the second quarter of 2023. Our close collaboration with IDEX Biometrics has been critical in driving this accelerated release.”

Catharina Eklof, CCO of IDEX Biometrics, stated, "PONE Biometrics is offering an innovative solution to address a significant and immediate market need: highly secure authentication that is easy to use and to deploy. As more than 70% of reported security breaches originate through disparate endpoints, such as mobile devices and Wi-Fi-enabled laptops, the OFFPAD solution is a game-changer for organizations that want to avoid the vulnerabilities and burdens of passwords and PINs. Close collaboration with innovative technology front-runners like PONE Biometrics enables IDEX Biometrics to take the lead in use cases for biometric-based access solutions. In addition to securing payments, biometric cards are increasingly becoming a standard approach to digital authentication.”

Enclosed is a photo of PONE Biometrics digital authentication solution using IDEX Biometrics fingerprint sensor technology. Photo by PONE Biometrics.

PONE_Biometrics_Offpad_Photo pdf

PONE_Biometrics_Offpad_Photo

For further information contact:
Marianne Bøe, Head of Investor Relations
E-mail: marianne.boe@idexbiometrics.com

Tel: + 47 918 00186

About IDEX Biometrics
IDEX Biometrics ASA (OSE: IDEX and Nasdaq: IDBA) is a global technology leader in fingerprint biometrics, offering authentication solutions across payments, access control, and digital identity. Our solutions bring convenience, security, peace of mind and seamless user experiences to the world. Built on patented and proprietary sensor technologies, integrated circuit designs, and software, our biometric solutions target card-based applications for payments and digital authentication. As an industry-enabler we partner with leading card manufacturers and technology companies to bring our solutions to market.

For more information, visit www.idexbiometrics.com.

About Pone Biometrics AS
PONE is a strong Norwegian-based cyber tech company offering the OFFPAD, the best biometric defence against cyberattacks and a game changer in end-point security. Developed by leading European crypto experts, the OFFPAD enables strong passwordless authentication (FIDO 2) and easy to use phishing resistant security, designed to protect employees wherever they are and from any device.

For more information, visit www.ponebiometrics.com

TRADEMARK STATEMENT
IDEX, TrustedBio, IDEX Biometrics and the IDEX logo are trademarks owned by IDEX Biometrics ASA. All other brands or product names are the property of their respective holders.

About this notice
This notice was published by Erling Svela, vice president of finance, on 24 April 2023 at 08:00 CET on behalf of IDEX Biometrics ASA.

Attachments

• PONE_Biometrics_Offpad_Photo
• PONE_Biometrics_Offpad_Photo pdf