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Regulatory press release

IDEX: IDEX Biometrics and AuthenTrend launch biometric smart cards for identity access

IDEX Biometrics
Oslo, Norway and Taipei, Taiwan- 30 May 2023 - IDEX Biometrics and AuthenTrend
Technology have partnered to launch multi-application biometric smart cards for
digital authentication.

Taiwan based AuthenTrend is a certified member of the Microsoft Information
Security Alliance (MISA) as well as being FIDO2 certified. AuthenTrend is making
security more convenient for consumers and enterprises across the globe, through
an extensive network of leading technology partners, distributors, resellers and
system integrators across Europe, Japan, Southeast Asia and North America.

AuthenTrend's biometric smart card based on the IDEX Biometrics fingerprint
solution is targeting identity access and cryptocurrency wallets. Expected to
launch in the fourth quarter of 2023, these biometric cards are set to
revolutionize the way customers authenticate in faster, more secure and
convenient ways than ever before.

"We are very excited to launch our next-generation ATKey series product of
battery-less biometric smart card" says Zake Huang, Vice President of
AuthenTrend. "This new product will provide our customers with the most secure
and convenient way to access their devices and services. We believe that this
solution will play a critical role in the global identity and authentication
industry."

"AuthenTrend brings extensive experience in smart cards for consumer
applications in authentication, identity access and cryptocurrency wallets,"
comments Catharina Eklof, CCO of IDEX Biometrics. "Together, we will bring these
ground-breaking solutions to market and unlock new opportunities for biometric
smart cards addressing high-margin products."

For further information contact:

Marianne Bøe, Head of Investor Relations
E-mail: marianne.boe@idexbiometrics.com
(mailto: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
(https://www.globenewswire.com/Tracker?data=BnE5LJjcuYFEebmLj9ha56-
cNdeTiGiOe9X5nN_EuFsBGVq_AbnqoNj8QX584pYmihfWqOchzArkMukbaTPrmImq8ROXtmpb0b3V3ML
JKqY=)

About AuthenTrend Technology

Authentrend was founded in 2016 (Taiwan) by a group of engineers with extensive
experience in biometric authentication technology. Pioneer of fingerprint
security keys, trusted by Microsoft Intelligent Security Association (MISA),
FIDO and RSA, and awarded TOP 10 MFA Company in 2020 and TOP Biometric Solution
Provider in 2021 by APAC Enterprise Security Magazine, a Taiwanese company
awarded the US CES 2020 Innovation award (Security & Privacy).

For more information, visit www.authentrend.com (http://www.authentrend.com)

TRADEMARK STATEMENT

IDEX, 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.
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