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IDEX Biometrics launches new product portfolio for payment and access solutions

1. IDEX launched a new product portfolio for payment and access solutions. 2. The company completed its strategic transformation into a product-focused entity. 3. IDEX is targeting the growing Zero Trust security and fraud detection markets. 4. Strong customer feedback indicates high demand for its passwordless solutions. 5. A company presentation on the new products is planned for September.

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FAQ

Why Bullish?

The product launch signals IDEX's growth potential, reminiscent of previous successful product innovations.

How important is it?

The launch could significantly enhance IDEX's market position and revenue potential, warranting high investor interest.

Why Long Term?

The strategic transformation and market targeting are expected to yield benefits over several years.

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ISRGPAYCSKYQCOM
September 11, 2025 01:00 ET  | Source: IDEX BIOMETRICS ASA IDEX Biometrics ASA today announced the launch of its new product portfolio for payment and access solutions, accompanied by a redesigned website showcasing the company’s advanced biometric authentication offerings. This launch marks a key milestone in the company’s strategic transformation and delivery on previously communicated commitments. Link: Access and payment reinvented with biometrics | IDEX Biometrics (idexbiometrics.com) “IDEX is delivering exactly as promised,” said Anders Storbråten, CEO of IDEX Biometrics. "Our new product portfolio positions us at the forefront of the global shift toward passwordless authentication. We are meeting growing demand with biometric solutions that outperform anything else on the market — in both security and user experience. With this launch, we have completed a strategic transformation: IDEX has evolved from a component supplier into a fully-fledged product company. This shift significantly strengthens our value proposition, expands our addressable market, and enhances our ability to scale recurring revenue”, continues Anders Storbråten. During the third quarter, IDEX entered into multiple partnerships through Letters of Intent and initiated product testing with several companies, targeting commercial launches throughout 2025. Customer feedback has been exceptionally strong, with partners expressing high demand for passwordless solutions where IDEX demonstrates superior performance compared to alternative technologies. IDEX is targeting two high-growth markets: The Zero Trust security market, projected to grow from $42.91 billion in 2025 to $92.42 billion by 2030The digital payment fraud detection market, expected to expand from $8.1 billion to $20.0 billion by 2032 IDEX will host a company and investor presentation during September covering the new product portfolio and market opportunities.  The specific time and place will be announced separately. About this noticeThis notice was issued by Kjell-Arne Besseberg, COO, on 11 September 2025 at 07:00 CEST on behalf of IDEX Biometrics ASA.

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