DEX BIOMETRICS
IDEX Biometrics Further Strengthens its Supply Chain by Partnering with MFLEX (GlobeNewswire)
2021-03-03 07:55
Oslo, Norway – 3 March 2021 - IDEX Biometrics ASA, a leading provider of advanced fingerprint identification and authentication solutions, has signed an agreement with Multi-Fineline Electronix, Inc. (MFLEX), a subsidiary of Suzhou Dongshan Precision Manufacturing Co., Ltd. (DSBJ), and a leading global provider of high-quality, technologically advanced flexible printed circuits and assemblies. The agreement forms a key part of IDEX’s mass production ready supply chain, essential to meet the growing demand for biometric payment cards.

Under the agreement, MFLEX will provide flexible printed circuit assemblies for IDEX’s biometric payment card reference design. This reference design is the only biometric smart card reference design that has been used in cards certified by China UnionPay. MFLEX has received an initial order from a Tier 1 card manufacturer.

“Developing an end-to-end supply chain for biometric card manufacture is critical to accelerating the development of biometric cards by card producers,” said Reza Meshgin, CEO, MFLEX. “This allows card manufacturers to focus on their competences such as lamination, embedding, and personalization, and streamlines the card development and go-to-market processes.”

“As we establish a supply chain that is mass-production ready, we are pleased to have signed this agreement with MFLEX, a global leader in its field. This agreement allows card manufacturers to have instant access to high-quality flexible printed circuit boards in the required large quantities,” said Vince Graziani, CEO, IDEX Biometrics.