Oslo, Norway – 7 October 2020: The nomination committee of IDEX Biometrics ASA, a primary company of highly developed fingerprint identification and authentication remedies, has invited Thomas M. Quindlen to join the company’s board. Mr. Quindlen will act, with fast influence, as a non-voting board observer and advisor, pending board election at IDEX Biometrics’ up coming typical assembly of shareholders.

Mr. Quindlen is Government Vice President and CEO for Retail Card at Synchrony, a leading shopper economic providers business. Retail Card is the biggest division of Synchrony, which has far more than 75m lively accounts and more than $149 billion in income financed. Synchrony is a Fortune 200 money solutions corporation.

Synchrony was break up-off from Common Electric’s GE Capital enterprise in 2014. Mr. Quindlen invested 30 decades, such as 5 a long time in Europe and Asia, performing for GE and GE Cash right before becoming a member of Synchrony in 2014.

Mr. Quindlen brings robust management practical experience in Payments and Revenue, Client Finance and Payment Card Options, Company Finance, Customer Management, Advertising and marketing, and Audit and has a verified keep track of document in top expansion firms.

Vince Graziani, CEO at IDEX Biometrics, commented “We are delighted to have Tom becoming a member of our board of administrators. With his intensive knowledge and experience of the payment card industry, Tom has the correct background to support information the strategic route of our firm as biometric payment card acquire-up accelerates.”

“I’m thrilled to be becoming a member of the board of IDEX Biometrics. I imagine IDEX has designed a marketplace enabling technology, with a sustainable aggressive gain. I glimpse ahead to performing with the IDEX group to information the Enterprise to achieve its ambitions and deliver value to its shareholders,” said Mr. Quindlen.

For additional data get in touch with:
Marianne Bøe, Investor Relations
E-mail: [email protected]
Tel: + 47 9180 0186

Derek D’Antilio, Chief money Officer
E-mail: [email protected]
Tel: +1 197 827 31344

About IDEX Biometrics
IDEX Biometrics ASA (OSE: IDEX and OTCQB: IDXAF) is a primary supplier of fingerprint identification systems offering simple, secure and personal contact-absolutely free authentication for all.  We assist people make payments, prove their identity, acquire accessibility to info, unlock devices or obtain admittance to buildings. We invent, engineer, and commercialize these protected and secure nevertheless extremely user-welcoming methods.  Our total addressable current market signifies a rapidly developing multi-billion-unit opportunity.

For far more facts, take a look at www.idexbiometrics.com and follow on Twitter @IDEXBiometrics

This information is subject matter to the disclosure prerequisites pursuant to Segment 5-12 the Norwegian Securities Trading Act