IDEX ASA receives the 2009 Frost & Sullivan Global Swipe Sensor Product Differentiation Innovation of the Year Award

Oslo, Norway – 31 March, 2009 - IDEX, a leader in fingerprint sensing technology, products and services, today announced that it has been awarded the 2009 Frost & Sullivan Global Swipe Sensor Product Differentiation Innovation of the Year Award for its innovative SmartFinger® swipe sensor. The award is presented annually to companies demonstrating excellence in new technology and product development above others within their respective industries. Frost & Sullivan's acknowledgement underscores IDEX ability to foresee changing market dynamics and respond with comprehensive solutions.

Oslo, Norway – 31 March, 2009 - IDEX, a leader in fingerprint sensing technology, products and services, today announced that it has been awarded the 2009 Frost & Sullivan Global Swipe Sensor Product Differentiation Innovation of the Year Award for its innovative SmartFinger® swipe sensor. The award is presented annually to companies demonstrating excellence in new technology and product development above others within their respective industries. Frost & Sullivan's acknowledgement underscores IDEX ability to foresee changing market dynamics and respond with comprehensive solutions.

The award is in recognition of IDEX’s successful initiative in improving its innovative SmartFinger® swipe sensor, launched in December 2007, by further enhancing its technology that combines fingerprint identification and navigation capabilities in the same module. Advanced features of the SmartFinger® technology such as superior biometric performance, excellent skew correction, and dual chip solution facilitate its smooth integration into a number of applications such as smart phones, cell phones, biometric tokens, hand-held ID terminals and other embedded products.

"In this new era of communications with the need for secure and convenient identification, the level of innovation as well as the skills and enthusiasm of our employees determines who wins and who loses. IDEX has delivered the most comprehensive swipe sensor technology solutions enabling cell phone, notebook, access and attendance, increased security of financial transactions, all with dramatically improved customer experience," said Dr. Ralph W. Bernstein, CEO/CTO of IDEX.
"Frost & Sullivan's award is further acknowledgement of IDEX’s commitment to innovate and address the most complex challenges that appliance companies face in order to help them profit and grow."

About IDEX ASA
IDEX ASA is a Norwegian company specializing in fingerprint recognition. Idex has developed the SmartFinger® sensor consisting of both hardware elements and software algorithms which enables identification and navigation capabilities within the very same module. IDEX ASA is also a leading provider of intellectual property within the field of fingerprint swipe sensors. Revenues will be generated from license fees on IPR and sale of the SmartFinger® sensor. Idex shares are traded on the A List of the Norwegian Stockbrokers Associations OTC List. http://www.idex.no

About Frost & Sullivan
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About Best Practices
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