Chutian Dragon licenses Idex on-card biometric enrollment intellectual property
Idex Biometrics has entered a worldwide license agreement with Chutian Dragon Co. for use of Idex’s on-card biometric enrollment IP. The smart card manufacturer, one of Asia’s largest, has been working with Idex since last year when they announced a partnership to develop dual-interface biometric cards for multiple verticals.
Under the terms of the agreement, Idex has granted Chutian Dragon a royalty-bearing patent license to use certain Idex patents in order to develop, manufacture and sell on-card enrollment devices.
Idex Biometrics’ patented on-card enrollment solution has been successfully used as part of the certification process for a global payment scheme and exceeded the biometric standards required for certification. The company was also granted patents by the United States Patent and Trademark Office and IP Australia for equipment and procedures related to on-card enrollment on biometric smart cards. Other patent applications are pending in key regions.
Idemia also recently signed a patent license agreement with Idex to adopt its on-card on-card remote fingerprint enrollment technology. Idex notes that further license agreements are anticipated over time.
“I’m delighted that IDEX is extending its relationship with Chutian Dragon through this license agreement,” says Stan Swearingen, CEO of Idex Biometrics. “This innovative way to enroll a biometric smart card is destined to grow in popularity and help bring biometric smart cards into mainstream use.”
In a review of some of the technology’s major stakeholders earlier this year, Biometric Update was told major production volumes would likely first be produced late this year, at the earliest.