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Beskrivning

LandNorge
ListaEuronext Growth Oslo
SektorInformationsteknik
IndustriProgramvara
Zwipe är ett teknikbolag. Bolaget är specialiserade inom biometri och kommersialisering av diverse autentiseringslösningar inom områdena betalning, ID och personlig åtkomst. Exempel på produkter innefattar kompatibla accessystem, fingertrycksavläsning samt digital ID-identifiering. Bolaget grundades under 2009 och har idag störst verksamhet inom Nordamerika, Europa och Asien.
2019-09-19 08:30:11
Courbevoie, FRANCE and Oslo, NORWAY - 19 September 2019 - IDEMIA, the global
leader in Augmented Identity and one of the world's largest biometric payment
card manufacturers, and Zwipe, a leading biometric technology company, have
signed an exclusive partnership and distribution agreement that sees the two
companies co-investing in the development of a disruptive biometric payment card
platform. The companies' shared vision is to enable mass volume market take-off
and long-term growth for biometric payment cards, by bringing to market a
technology platform that will significantly reduce the complexity and cost of
the design and production process for biometric payment cards, enabling an
accelerated path to mass volumes which will ultimately benefit the issuers and
users of cards.

This result is achieved by drastically reducing the number of components,
integrating in a single chip the functions that previously required a Secure
Element, a Microcontroller, and more than thirty external components, all
mounted on a flexible PCB (Printed Circuit Board). Cards incorporating this new
technology will be in the market in H2 2020, with high volume deployment
starting in 2021.

Speaking on the agreement, Amanda Gourbault, Executive Vice-President for
Financial institutions activities at IDEMIA, declared: "this is a strategic,
high profile project for IDEMIA.  We are very excited about what this platform
will enable in terms of market growth and the penetration of biometric payment
cards. IDEMIA is delighted to partner with Zwipe, a company with a solid
intellectual property portfolio and an expanding global customer network; we are
confident that our new solution will command a leading position in the
marketplace."

Zwipe will have worldwide exclusive rights to provide this solution to
manufacturers of payment cards, wearables and other payment solutions, and their
suppliers, when the product becomes available. IDEMIA has ownership of this
technology and will sell F.CODE to its Financial Institutions customers. Once
again, by bringing the best of its technology and vision, IDEMIA is driving the
growth of the biometric cards market.

Commenting on this major development, André Løvestam, CEO of Zwipe said "we are
excited and proud to enter a significant partnership with IDEMIA, a prominent
global industry leader. The platform represents a technological leap that will
serve as a catalyst to enable full biometric payment card costs to come down
significantly, driving mass volume market growth and complementing our current
and future product portfolios. We look forward to bringing this platform to our
customers to continue to shape the biometric payments industry."

###

About IDEMIA

IDEMIA, the global leader in Augmented Identity, provides a trusted environment
enabling citizens and consumers alike to perform their daily critical activities
(such as pay, connect and travel), in the physical as well as digital space.

Securing our identity has become mission critical in the world we live in today.
By standing for Augmented Identity, an identity that ensures privacy and trust
and guarantees secure, authenticated and verifiable transactions, we reinvent
the way we think, produce, use and protect one of our greatest assets - our
identity - whether for individuals or for objects, whenever and wherever
security matters. We provide Augmented Identity for international clients from
Financial, Telecom, Identity, Public Security and IoT sectors.

With 13,000 employees around the world, IDEMIA serves clients in 180
countries. For more information, visit www.idemia.com / Follow @IDEMIAGroup on
Twitter

Media Contact for IDEMIA: Hanna Sebbah - Havas Paris - idemia@havas.com



About Zwipe

Zwipe is a technology solution provider that enables battery-less, ultra-low
-power, self-contained biometric authentication solutions. Together with an
ecosystem of partners including global brands within security, financial
services and ID applications, Zwipe is "Making Convenience SecureT" for banks,
merchants and consumers. Using advanced fingerprint recognition while protecting
personal information, Zwipe's solutions address the data theft pitfalls inherent
in traditional authentication methods. Headquartered in Oslo, Norway, Zwipe has
spent the last 10 years developing its unique power harvesting technology
platform in combination with security solutions based on international
infrastructure standards. To learn more, visit www.zwipe.com

Media Contact for Zwipe: André Løvestam, CEO, +47 930 44 040 info@zwipe.com