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Regulatory press release

IDEX: IDEX Biometrics and Goldpac accelerate biometric smart card deployments globally

IDEX Biometrics
Oslo, Norway - 25 July 2023 - IDEX Biometrics announces the collaboration with
Goldpac Fintech Hong Kong Limited, a Goldpac Group company, to deploy biometric
smart cards based on IDEX Biometrics complete fingerprint solution for payments
and identity access globally.

Goldpac Fintech Hong Kong Limited is Goldpac Group's international business arm.
Goldpac Group is the world's fourth largest payment cards supplier and has a
presence across more than 30 countries, with more than 1,700 customers
consisting of large and medium-sized domestic and international issuers and
financial institutions. Goldpac is certified by Visa, Mastercard, China
UnionPay, JCB, American Express, and Diners Club, and has an annual
manufacturing and personalizing capacity of 300 million payment cards.  With
such a vast customer base and more than 30 years of payment card experience,
Goldpac is well positioned to spearhead the commercialization of biometric
payment cards in Asia and globally.

"We are delighted to bring biometric smart cards to the global market through
this partnership with IDEX Biometrics, as we address the growing demand of our
customers in the banking, fintech and related enterprise markets," said Oliver
Hui, CEO of Goldpac Fintech. "Through best-in-class card performance and a
frictionless customer experience, Goldpac will offer high-performing and cost-
efficient biometric card solutions to our customers."

"With Goldpac's extensive bank portfolio and expertise in the payments and
identification markets, we are adding an important ecosystem partner in support
of our commercial acceleration," says Catharina Eklof, Chief Commercial Officer
of IDEX Biometrics. "Goldpac and IDEX Biometrics bring cutting-edge
authentication solutions for payments and identity access to market, and we
expect these biometric cards to be in consumers' hands before the end of 2023."



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

(https://www.globenewswire.com/Tracker?data=PGKLS_UjZjfm3I12Uy9oeSdYfG1EeOwIc29O
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fmoND8i719QmNSA4zJgv-)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
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About Goldpac Group

With more than 30 years of successful experience culminating in a leading global
technology portfolio, and a commitment to a core vision of "Making Transactions
More Secure and Convenient", Goldpac specializes in the delivery of embedded
software, secure payment solutions and Artificial Intelligence-enabled Self-
service Kiosks to customers, while leveraging innovative technology to provide
data-processing service, platform-based financial services and other total
solutions to the financial, government, healthcare, transportation, and retail
sectors.

For more information, visit www.goldpac.com
(https://www.globenewswire.com/Tracker?data=cqA7RHZK4h0LhaFQplKUS4wkkFejBSrZ1lgv
FEEIYB7AxiArgmw8a59jtWWKN8pR2BUgxMkqcRc42iOaX05gF4aPrRUu8SsLEvS-
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EcMxsGdHL2AXXH2KdBs1XT_1CRvBlfPD9tYS6s=) and www.goldpacfintech.com.
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