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IDEX confirms preliminary results with publication of 2017 annual report

IDEX has published its annual report and financial statements for 2017, which confirm the company’s preliminary statements.

No dividend is proposed by IDEX’ Board of Directors, which also decided on May 9, 2018, for the company’s next AGM.

The 65-page report reviews IDEX’ technology portfolio, which includes 58 patent families, with 132 granted patents and 103 patents pending, as well as its cross-license to patents held by Apple. It also details the company’s outlook for the biometric card, IoT, and smartphone end markets.

IDEX executives recently delivered a presentation on the company’s position and prospects in the biometric payment card market, including its expectations for its collaboration with Mastercard.

Stan Swearingen became CEO on April 1, succeeding Dr.Hermant Mardia after five years as CEO.

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