https://newsweb.oslobors.no/message/505207

Oslo, Norway, 12 May 2020: IDEX Biometrics ASA (the "Company"), a leading
provider of advanced fingerprint identification and authentications solutions,
has successfully conducted a private placement of new shares (the "Private
Placement"). The gross proceeds of the Private Placement amounts to
approximately NOK 105 million (USD 10.3 million) through the allocation of
65,341,413 new shares (the "Offer Shares") and an offer price of NOK 1.60 per
share (the "Offer Price"). The Private Placement took place through an
accelerated book building process on 11 May 2020 after close of Oslo Børs.

The net proceeds from the Private Placement will be used to fund growth
opportunities and for general corporate purposes.

The Offer Shares will be settled with existing and unencumbered shares in the
Company that are already listed on the Oslo Stock Exchange, pursuant to a share
lending agreement (the "Share Lending Agreement") between certain existing
shareholders, ABG Sundal Collier ASA and the Company, in order to facilitate
delivery of listed shares in the Company to applicants. The Offer Shares
delivered to the applicants will thus be tradable from allocation, expected on
12 May 2020.