Toshiba Corporation has placed its first production order for biometric card platform from IDEX Biometrics, marking the commercialization of our multi-year partnership in Japan.

IDEX cards eliminate passwords and PINs by using fingerprint authentication directly on the card. This Zero Trust security approach stops security and identity breaches before they happen while making access faster and easier for users.

Japan's Identity and Access Management market is worth billions and growing 14.3% annually, driven by increasing cyber threats and digital transformation needs.

"We're excited to see Toshiba launch with our technology," said Anders Storbråten, CEO of IDEX Biometrics. "This partnership shows how organizations can reset their security with biometric cards that users actually want to use."

Contacts
Anders Storbråten, CEO and CFO, Tel: +47 416 38 582
E-mail: ir@idexbiometrics.com

About Us
IDEX Biometrics ASA (OSE: IDEX) is shaping the future of access and payments.

IDEX Biometrics is advancing the future of access and payments with identity-first biometrics. With over a decade of proprietary innovation, our solutions are proven in the field, globally certified, and trusted by leading financial institutions. We serve enterprises, the public sector, banks, and issuers directly and through partners, delivering secure, seamless experiences in digital and physical access and payments.

For more information, visit www.idexbiometrics.com

Attachments
Toshiba orders IDEX Biometric card platform for Japanese market

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