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IDEX Biometrics launches a complete Biometric Payment Card solution leveraging products and technologies from STMicroelectronics

Oslo, Norway - 12 May 2023 - Global biometric technology leader IDEX Biometrics
has developed an advanced solution for biometric smart cards, leveraging
products and technologies from leading semiconductor security provider,
STMicroelectronics.

The solution combines the biometric system from IDEX Biometrics with the latest
Secure Element from ST and is fully integrated with ST's STPay-Topaz-Bio
Operating System and payment applets. This high-performance solution includes
the ST31N600 secure microcontroller with biometric features, packaged in a
single-chip EMV module, and includes a cost-effective enrollment solution.
Bringing these innovations to market enables cost efficiencies for manufacturers
and significantly improves the user experience.

The solution is now completely tested and validated, demonstrating market-
leading biometric performance and transaction latency. This new IDEX Biometrics
smart card solution is targeted for deployment with banks and issuers in the
first half of 2024.

Vince Graziani, Chief Executive Officer, IDEX Biometrics, stated, "We are
excited to work with leading technology solutions provider STMicroelectronics in
creating a high performing complete solution for biometric cards. ST has been
providing the industry with secure elements and related software since the
introduction of the smart card. This collaboration enables card manufacturers,
fintechs and banks around the world to meet the increasing demand for biometric
smart cards."