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2016-05-09

IDEX ASA: IDEX Appoints Stan Swearingen to the Strategy Advisory Council

Oslo, Norway, 9 May 2016:
IDEX announces the appointment of Stan Swearingen to the Strategy Advisory
Council, and as a strategic consultant. The Strategy Advisory Council advises
the company on market, technology and strategic trends in the rapidly
developing mass market for fingerprint sensors.

Stan Swearingen is an industry veteran with a very strong record of
accomplishment. His experience includes roles as former SVP&CTO at blue chip
semiconductor companies Atmel and Synaptics. Stan has over 30 years'
experience in semiconductors, solutions for smartphones, and biometrics. At
Synaptics Stan was instrumental in formulating the biometric fingerprint
strategy, including the acquisition of Validity.

Larry Ciaccia, Chair of the IDEX Strategy Advisory Council, commented: "Stan
brings a unique combination of experience from the smartphone market across
touch control and display technologies along with the development of new
fingerprint sensor based solutions. Stan's history in development, technology
innovation and strategy formulation of solutions for the smartphone market,
together with high level interactions with key smartphone OEMs and ecosystem
worldwide, will be an invaluable asset to IDEX"

"The market for fingerprint sensor Solutions is a sustainable growth
opportunity for IDEX. The IP, fundamental technology and roadmap of IDEX is
an ideal environment to bring my skills and experience in the development of
new and innovative solutions to position IDEX as a market leader for
fingerprint biometric solutions", said Stan Swearingen. "I very much looking
forward to contributing to the IDEX journey", he added.

Hemant Mardia, CEO of IDEX commented: "The addition of Stan along with Larry
and Michael brings together two of the leaders from the fingerprint market
along with a key industry visionary in the payment space. I am excited about
the combination of talent we have been able to assemble on the Strategy
Advisory Council in shaping the future of IDEX. It is tremendous that Stan
has chosen to work with IDEX to help drive our innovation roadmap and team
development to the next level at the commercialization phase for IDEX."

Web:
www.idex.no

Twitter:
http://www.twitter.com/idexasa

LinkedIn:
http://www.linkedin.com/company/idex-asa

Contacts

Hemant Mardia, CEO, +44 7788 922 171, hm(at)idex.no
Henrik Knudtzon CFO, +47 9302 2827, hk(at)idex.no

About IDEX

IDEX has developed the world's most advanced fingerprint imaging, recognition
and authentication technology. IDEX's innovative Intellectual Property (IP)
is protected by a comprehensive portfolio of 47 granted and pending patent
families, which continues to grow through ongoing innovation.

The IDEX business model is based on designing innovative fingerprint sensor IP
and products, which IDEX sells and licenses global Original Equipment
Manufacturers (OEM) partners. These partners utilise IDEX IP in a range of
biometrically enabled products. The customersare either purchasing IDEX
fingerprint sensor units or paying a royalty on units they produce. IDEX's
addressable market represents a multi-billion unit opportunity, centred on
three core markets:

· Mobile Devices
· ID security and Smart Cards
· The Internet of Things

IDEX has an exciting and competitive product ready road map including swipe
sensors, touch sensors with disruptive cost positions, and a unique in-glass
solution. The Company is currently in the process of commercialising these
products and has recently announced a number of important OEM partnerships
and end user design wins.

IDEX ASA (ticker IDEX) is a Norwegian public company, founded in 1995, and its
shares are Listed on the Oslo Børs (Oslo stock exchange). For more
information, please visitwww.idex.noor contact IDEX at hk(at)idex.no

-o-

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: IDEX ASA via Globenewswire

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