Idex Biometrics hires new investor relations head to engage global financial community

biometrics industry acquisitions and investment

Idex Biometrics is strengthening its communication and investor outreach program by bringing Marianne Bøe onboard to head its Investor Relations efforts, the company has announced.

Bøe will be based at the company’s Oslo headquarters, and will engage with the global financial community.

Idex recently raised cash to deliver its fingerprint authentication technology for the biometric smart card market through a private share placement.

“I am pleased to have Marianne join IDEX, she has a wealth of experience in investment management and investor relations in the Nordics as well as with the international investor community. Our strategy is to support our Norwegian shareholder base while we continue to expand IDEX’s presence globally,” states Derek D’Antilio, Chief Financial Officer of IDEX. “We are looking forward to leveraging Marianne’s extensive experience in working with global technology companies as we enter the next stage of our company’s development.”

“It is exciting to join IDEX now that the company has moved from development via product trials and into commercial sales activities to the payment and access control markets,” Bøe comments. “We expect that the interest from the financial community will increase as the company launches new products and increases its commercial traction, and I am delighted to be part of the IDEX team.”

In a series of recent announcements, Idex has revealed the certification of its UK development site to EMVCO Security standards, new patent coverage for its biometric enrollment technology, and its first multi-million dollar fingerprint sensor commitment.

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