May 7, 2013 -
IDEX has just appointed Hemant Mardia as CEO, as the company looks to commercialize its fingerprint biometric sensor and IP portfolio.
Mardia comes to IDEX with a proven track record leading high growth technology businesses in executive and technical roles, and as well, brings with him commercial, technical, M&A and investor relations experience. Previously he was CEO of Fitronic Plc, and according to the Norway-based company, has successfully developed strategic partnerships as a key supplier of electronic components for tier one global mobile telecom OEMs, network operators, security and defence system integrators.
“I am very excited to join IDEX as CEO. Following Apple’s acquisition of Authentec last year, I believe that IDEX is uniquely placed with IP and patents to exploit the transformation of digital ID security through fingerprint recognition,” Mardia said. “IDEX has the earliest, core fundamental patents for low cost fingerprint sensors and a unique patent cross licence agreement with Apple/Authentec, making IDEX an important player in the multi-billion dollar market opportunity for mobile communications, cards and new consumer devices. I look forward to working with the IDEX team and international partners to fully leverage IDEX’s patent position, rapidly commercialise the technology and deliver significant shareholder value growth.”
Mardia has a Ph.D in electronics and has developed innovative technologies and products within multiple market sectors including advanced semiconductors, mobile telecoms infrastructure and aerospace.
“We are delighted to welcome Hemant to the business and he brings a wealth of experience,” Morten Opstad, chairman of IDEX said. “Hemant has developed successful technology businesses and his background and track record make him the right person to deliver according to our strategic plans.”
Reported previously in BiometricUpdate.com, IDEX recently entered into an agreement with an unnamed Chinese technology company regarding a biometric ID program, which makes use of the company’s SmartFinger sensor.