IDEX Biometrics appoints Vincent Graziani as CEO

Oslo, Norway, 27 February 2020: IDEX Biometrics ASA, a leading provider of advanced fingerprint identification and authentication solutions, has appointed Vince Graziani as new CEO effective 27 February 2020. For the past two years, current CEO Stan Swearingen has led the company through a period of new product and market ecosystem development. As IDEX is poised to transition to full commercial operations, Stan recommended that a new CEO be appointed to strengthen the management team, drive sales growth, and allow Stan to focus on strategy and advanced technology.  

Vince joins IDEX from Infineon Technologies where he was most recently Vice President of Strategy Development and Implementation where he was responsible for leading new business development and strategic partnerships. Vince has also led technology companies from the pre-revenue stage to significant revenues and scale while serving as CEO of Sand 9 Inc., Vbrick Systems, and Sandburst Inc. These were all early-stage technology companies when he joined them. Earlier in his career, he held positions of increasing responsibility in engineering as well as sales and marketing at Intel, Broadcom, and Siemens Semiconductor.

Stan will focus on strategy and advanced technology consistent with his past roles with some of the most innovative companies in Silicon Valley. “I want to thank Stan for his significant contributions to IDEX as CEO and look forward to him continuing to provide his leadership in this new role,” said Morten Opstad, Chairman of IDEX’s board. “During Stan’s two years as CEO, he has transformed IDEX from an IP organization into a technology leading product company well positioned for success in the biometric smart card market. I am also very pleased that Vince has chosen to join IDEX and we expect to benefit from his considerable experience driving sales, strategic partnerships, and growth in technology companies.”

“I have joined IDEX because of the strength of the team, the unique technology, and the significant opportunity I see for IDEX in the market, and, I look forward to leading IDEX into its next phase of sales growth,” said Vince Graziani, the new CEO of IDEX.

For further information contact:

Marianne Bøe, Investor Relations

E-mail:

Tel: + 47 918 00186

Derek D’Antilio, Chief financial Officer

E-mail:

Tel: 4

About IDEX Biometrics

IDEX Biometrics ASA (OSE: IDEX and OTCQB: IDXAF) is a leading provider of fingerprint identification technologies offering simple, secure and personal authentication for all.  We help people make payments, prove their identity, gain access to information, unlock devices or gain admittance to buildings with the touch of a finger.  We invent, engineer, and commercialize these secure, yet incredibly user-friendly solutions.  Our total addressable market represents a fast growing multi-billion-unit opportunity.

For more information, visit and follow on Twitter @IDEXBiometrics

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act