One of the things we meant to update you on earlier is our exciting licensing agreement with IDEX ASA to manufacture their fingerprint sensor products. As the world gets smaller and technology becomes even more accessible over time, security threats tend to become more prevalent. These products are the answer to the growing demand for increased identity-security measures.
The strategic IP licensing agreement provides Ionics rights to manufacture and sell fingerprint sensor products based on IDEX’s patented SmartFinger technology. The Agreement entails transfer of IDEX’s sensor products to Ionics’ manufacturing plant enabling the partners to serve the high volume markets. Ionics possesses manufacturing expertise, supply-chain management skills and customer channels and is thus perfectly suited to advance the award-winning SmartFinger technology to cost-effective, high quality, high-volume production.
A little background on IDEX ASA — it is a Norwegian firm specializing in fingerprint imaging and recognition technology. It won the Frost & Sullivan “2009 Global Swipe Sensor Product Differentiation Innovation of the Year Award.”
As you can probably guess, we are thrilled about this agreement and are looking forward to a fruitful and successful partnership.
For more information on IDEX, Ionics and this agreement please visit: http://www.ionics-ems.com/idex_ionics.html
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