Oslo, Norway, 23 September 2020: IDEX Biometrics ASA, a number one supplier of complex fingerprint identity and authentication answers, is happy to announce a strategic partnership with Ubivelox, an international sensible card and tool producer headquartered in Seoul, South Korea.
IDEX and Ubivelox have signed a Memorandum of Working out (MOU) and Ubivelox have dedicated to construct and marketplace a whole biometric cost card approach to provider Ubivelox’s in depth 140+ buyer base, in particular Mastercard and Visa issuers, throughout Asia Pacific. The design can be based totally upon a Protected Component (SE) from a global supplier with built-in energy control. Delivery, to card integrators, is deliberate for the primary quarter of 2021.
“This represents but any other important step ahead for IDEX and gives in depth protection in Asia, out of doors of China, thru a longtime and relied on spouse with EMV® certification for Mastercard, Visa, JCB and American Categorical (and one at a time for UnionPay). Ubivelox supplies sensible playing cards, card running techniques and cost applets which completely supplement our new era of TrustedBio™ fingerprint sensors, matcher and enrollment answers” mentioned Vince Graziani, CEO, IDEX Biometrics.
“Given the marketplace pull for biometric cost playing cards and the compelling value fashion of our mixed answers this courting is of strategic significance to Ubivelox and can power further enlargement. IDEX’s TrustedBio fingerprint sensors be offering trade main efficiency, safety and manufacturability” mentioned KB Koo, Normal Supervisor, IC Safety Era Centre, Ubivelox.
For additional data touch:
Marianne Bøe, Investor Members of the family
Email: [email protected]
Tel: + 47 918 00186
Derek D’Antilio, Leader monetary Officer
Email: [email protected]
Tel: +1 197 827 31344
About IDEX Biometrics
IDEX Biometrics ASA (OSE: IDEX and OTCQB: IDXAF) is a number one supplier of fingerprint identity applied sciences providing easy, safe and private touch-free authentication for all. We lend a hand folks make bills, end up their id, achieve get admission to to data, liberate units or achieve admittance to constructions. We invent, engineer, and commercialize those safe and protected but extremely user-friendly answers. Our general addressable marketplace represents a quick rising multi-billion-unit alternative.
For more info, consult with www.idexbiometrics.com and observe on Twitter @IDEXBiometrics
Ubivelox (KOSDAQ: A089850) Ubivelox is Asia’s main sensible card and cellular convergence industry, interested in banking, telecommunication, transportation and nationwide ID playing cards. Offering sensible card device answers, safe parts, cellular cost answers, cellular pockets, e-coupons and repair platforms, they hang the Five th place within the world banking sensible card marketplace and attempt to be a pioneer in generation. Ubivelox ship 80 million banking playing cards to shoppers in step with 12 months and an extra 100 million playing cards thru licensing their device on chip (Soc).
The wordmark ‘IDEX’ and the IDEX emblem are registered emblems of IDEX ASA. All different manufacturers or product names are the valuables in their respective holders.
This data is matter to the disclosure necessities pursuant to Phase 5-12 the Norwegian Securities Buying and selling Act