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2016-10-20

IDEX ASA: Mobile handset for major US carrier with IDEX Cardinal touch sensor launched by LG

On 19 October 2016, LG launched a handset featuring IDEX's touch fingerprint
sensor Cardinal Q. The handset is a specific model for US carrier Verizon
Wireless named LG Stylo 2 V.

"We are very pleased that a second handset with our touch sensor now has been
launched in the market by another leading mobile carrier in the US," said Dr.
Hemant Mardia, CEO of IDEX. "The design win was announced by IDEX on July 18,
and we are pleased about being launched in yet another program. This
continues our sales momentum in the mobile market."

The Cardinal family of fingerprint sensors have a very small silicon
footprints combined with high biometric performance given a compelling value
proposition for mobile OEMs.

Further details about the handset:
http://www.lg.com/us/cell-phones/lg-VS835-stylo-2v

Contact:

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

About IDEX

IDEX develops advanced fingerprint sensor technology and products. The
technology is used in a range of biometrically enabled applications within
three core markets: mobile devices, ID security and smart cards and the
internet of things (IOT). IDEX addressable market represents a fast growing
multi-billion unit opportunity.

IDEX' technology includes both silicon and polymer based capacitive sensors,
which means that the company can offer its partners unique solutions which
are flexible and cost efficient.

IDEX ASA (ticker IDEX) is a Norwegian company, founded in 1996 and listed on
the Oslo stock exchange in 2010.

For more information, please visitwww.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 Corporate Solutions on behalf of Nasdaq 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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