Oslo, Norway, 24 May 2023 - IDEX Biometrics reveals a new agreement to
accelerate the commercialization at scale of biometric smart cards with Thames
Technology, a Paragon ID company, one of Europe's leading card manufacturers and
issuer partners. Thames Technology develops, manufactures, and personalizes more
than 250 million cards annually for customers in over 60 countries.
Thames Technology specializes in the design, manufacture, personalization, and
distribution of payment and retail card programs. The company's expertise in
smart card manufacturing and personalization services paired with the IDEX
Biometrics cutting-edge fingerprint authentication solutions, will enable the
two businesses to jointly address the growing demand for biometric smart cards.
"With IDEX Biometrics' industry-leading technology, we are excited to ramp up
the distribution of biometric smart cards and deliver a seamless experience to
consumers via our global partners," said Che Colford, General Manager at Thames
Technology.
Catharina Eklof, Chief Commercial Officer at IDEX Biometrics, stated, "We are
thrilled to accelerate the market scaling with such an innovative payments
leader as Thames Technology. Their choice to team up with IDEX Biometrics
endorses our position as an industry leader and reaffirms their readiness to
address growing consumer demand for biometric payment cards."
For further information contact:
Marianne Bøe, Head of Investor Relations
E-mail: marianne.boe@idexbiometrics.com
(https://www.globenewswire.com/Tracker?data=rkgcatcBoWPEMgWuMjJo7UeqmFaUP-
2q6NdVnf7hWAs1jVoHGnVyzdNlgXpm8DaLAGQ066AJ95NTspNt6j-
MMm91y4hkYP8oVC7ciqbdzHyxkRXEotoTYvjHybr0WJrP)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=BH-L2BSyLxkXYAc-Va1tCwihBe7E8h6-
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About Thames Technology
Thames Technology develops, manufactures, personalises, and distributes payment,
gift, loyalty and commercial cards, producing more than 250 million cards a year
for customers in over 60 countries. With more than 25 years' experience across a
variety of sectors, Thames Technology is one of Europe's largest and most
trusted payment card issuing partners. With key values of integrity, quality and
responsiveness, we are committed to providing a world-class service. Thames
Technology is part of Paragon ID (https://www.paragon-id.com/), a leader in
identification solutions in particular in the e-ID, transport, smart cities,
traceability & brand protection and payment sectors.
For more information, please visit www.thamestechnology.co.uk
(http://www.thamestechnology.co.uk)
For further details please contact: Emma Sisson, Marketing Executive, Tel: +44
(0)208 102 1881, Email: emma.sisson@paragon-id.com (mailto:emma.sisson@paragon-
id.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.