IDEX and Future Electronics partner for biometric authentication module
17 October, 2011
category: Biometrics
Norwegian-based IDEX announced that it’s entered into a partnership with Future Electronics to develop, sell and market a fingerprint biometric authentication module.
Under the terms of the agreement, the two companies will work jointly to create a fingerprint-based biometric authentication product using IDEX’s SmartFinger Film fingerprint sensor and biometric algorithms. The resulting product will be aimed toward the access control market.
The agreement also spells out milestones for the product’s development, test and verification. Within the first half of 2012, the product should have its final qualification.
Once the product is fully qualified, IDEX will assume responsibility for supplying the product, while Future Electronics will handle the marketing and sales of it.
The companies plan to first launch the product in the Asia Pacific region.