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2016-05-12

IDEX ASA: IDEX shares as board remuneration

The annual general meeting of IDEX on 11 May 2016 resolved that the board
members could elect to receive all or part of the board remuneration in the
form of shares in IDEX; that the number of shares shall correspond to a value
of 133 per cent of the NOK amount of board remuneration taken in shares; that
the board member must pay a subscription price per share equal to the par
value of the share, being NOK 0.15; and that the shares are locked up for one
year from the date of the annual general meeting.

Three board members took full or part of the board remuneration in shares, and
133,339 new shares will be issued.

The share capital of IDEX will increase by a total of NOK 20,000.85. The
shares will be issued when the share capital has been paid in. Following the
share issue, the company's share capital will be NOK 79,812,038.25 divided
into 532,080,255 registered shares each with a nominal value of NOK 0.15.

12 May 2016
IDEX ASA

Web:
www.idex.no

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

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

Contacts:

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 more than 225 patents, and IDEX
continues to enhance the portfolio with its commitment to ongoing world class
research and innovation.

The IDEX business model involves the design of fingerprint sensor IP and
products. IDEX sells fingerprint sensor products, and licences its technology
to global Original Equipment Manufacturers (OEM) partners. These partners
utilise IDEX IP in a range of innovative biometrically enabled products and
pay IDEX either a royalty on every product item produced, or purchase the
fingerprint sensor units.

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.

In February 2016, IDEX announced that it had received its first production
order for its Cardinal touch fingerprint sensor optimized for tier-one mobile
handsets, IDEX will begin to ship units in the second quarter 2016.

IDEX also recently announced it had developed the world's first flexible
polymer touch sensor suitable for ISO-card integration.

IDEX ASA (IDEX:NO) is a Norwegian public company, founded in 1995, and its
shares are Listed on the Oslo Børs (Oslo stock exchange). For more
information, please visit www.idex.no or contact IDEX
athenrik.knudtzon@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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