Idex becomes a Preferred Security Partner of Infineon’s ISPN program
05 May 2022 - 4:00PM
Oslo, Norway and Munich, Germany
– 05 May 2022 – Infineon
Technologies AG (FSE: IFX / OTCQX: IFNNY), the global leader in
smart card payment solutions, and IDEX Biometrics ASA (OSE: IDEX /
NASDAQ: IDBA), a leading provider of advanced biometric
authentication solutions, are further strengthening their
collaboration, as IDEX Biometrics joins the ecosystem of Infineon’s
Security Partner Network (ISPN) as a Preferred Partner.
The deepened collaboration between the companies follows the
strategic partnership announced in July 2021, when the reference
design integrating the TrustedBioÒ fingerprint authentication
module from IDEX Biometrics with Infineon’s latest SLC38 security
controller was released. Multiple design opportunities with global
smart card manufacturers have been announced since. The solution
offers industry leading performance, and reduced card manufacturing
costs and complexities, thereby shortening time-to-market for smart
card manufacturers and issuers.
As a Preferred Partner, IDEX Biometrics technical and sales
teams will closely cooperate with Infineon’s technical specialists,
tailoring IDEX’s turnkey solution based on Infineon’s secure
elements.
“We are pleased to welcome IDEX Biometrics as a Preferred
Partner and to further strengthen our collaboration” said Tolgahan
Yildiz, Head of the Payment and Ticketing Solutions product line at
Infineon. IDEX Biometrics, with the Infineon reference design, is
meeting the expanding demand for fast and convenient payments
secured by authentication. We are providing the increased security
and peace of mind consumers are asking for in their daily
lives.”
“With increasing demand for biometric smart cards, deeper
collaboration with Infineon and their partners within the ISPN
ecosystem should further accelerate the market growth,” said Vince
Graziani, Chief Executive Officer of IDEX Biometrics. “We already
collaborate with JNet, another ISPN member, for JavaCard software
development, and look forward to broadening our relationships,
addressing customer demand for market-leading
fingerprint authentication across a range of high-security
applications, including payment cards, crypto wallets, and secure
identification for access control.
For further information contact:
Marianne Bøe, Head of Investor
RelationsE-mail: marianne.boe@idexbiometrics.com Tel: +
47 918 00186
Brett L Perry, U.S. Investor RelationsE-mail:
bperry@sheltongroup.comTel: + 1 214 272 0070
About IDEX Biometrics
IDEX Biometrics ASA (OSE: IDEX and Nasdaq: IDBA) is a leading
provider of fingerprint identification technologies offering
simple, secure, and personal authentication for all. We help
people make payments, prove their identity, gain access to
information, or unlock devices with the touch of a finger. We
invent, engineer, and commercialize these secure, yet incredibly
user-friendly solutions. Our total addressable market represents a
fast growing multi-billion-unit opportunity.
For more information, visit www.idexbiometrics.com.
About Infineon Infineon Technologies AG is a
world leader in semiconductor solutions that make life easier,
safer and greener. Microelectronics from Infineon are the key to a
better future. In the 2020 fiscal year (ending September 30), the
company reported revenue of more than 8.5 billion euros with a
workforce of 46,700 people worldwide. Following the acquisition of
the US company Cypress Semiconductor Corporation in April 2020,
Infineon is now a global top 10 semiconductor company.
Infineon is listed on the Frankfurt Stock Exchange (ticker
symbol: IFX) and in the USA on the over-the-counter market OTCQX
International Premier (ticker symbol: IFNNY).
Infineon’s Security Partner Network (ISPN):
https://www.infineon.com/cms/en/partner-network/Security-Network/?redirId=56346
Further information is available at www.infineon.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.
Ideanomics (NASDAQ:IDEX)
Historical Stock Chart
From Apr 2024 to May 2024
Ideanomics (NASDAQ:IDEX)
Historical Stock Chart
From May 2023 to May 2024