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IDEX Biometrics ASA – Second quarter and half-year 2019 results

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Oslo, Norway, 15 August 2019: IDEX Biometrics (IDEX ASA), the leading provider of advanced fingerprint identification and authentication solutions reports second quarter and half-year 2019 results.

CEO Stan Swearingen commented: “The evolution of the biometric smart card market is undoubtedly gathering pace and IDEX made great progress in the quarter. Our pipeline of commercial opportunities continues to grow, and we expect sensor shipments to increase significantly. We have developed important relationships with new customers in the ecosystem and our biometric technology is proven, and ready for mass deployment. I am highly confident that our strategy and technology leadership will deliver considerable success for all our stakeholders.”

Highlights

Landmark first high-volume customer order for IDEX’s dual-interface sensors

    • Multi-year, multimillion-dollar commitment. Largest customer commitment to date

Further progress on developing the ecosystem in Asia to accelerate biometric payment card adoption

    • Collaboration with Tongxin Microelectronics Co., Ltd (“TMC”) in China to create a biometric smart card solution for end-customer implementation
    • IDEX and Chutian Dragon collaborate with point of sales terminal provider PAX Technology Limited to run real-life EMV compliant transactions of biometric smart cards using IDEX’s dual-interface sensor

Manufacturing milestones for biometric smart cards achieved

    • IDEX customer in Asia achieves cost-effective, mass production milestone for biometric smart cards
    • Partnerships with Sian and Silone Cardtech to accelerate high volume production of biometric smart cards
    • Low-cost, go-to-market solution achieved through pre-lam supply agreement with Feitian

Certification progress

    • Major global payment scheme in Asia begins its certification process for biometric smart cards containing IDEX’s dual-interface sensors
    • IDEX Biometrics’ dual-interface technology validated by independent labs to meet multiple global payment schemes’ certification requirements

Leadership position in biometric smart cards secured with grant of foundational patents for on-card enrollment

    • Comprehensive patents granted by the United States Patent and Trademark Office and IP Australia
    • Innovative remote enroll solution outperforms in certification tests

IDEX sensors enabling financial inclusion

    • Successful Edenred pilot using biometric smart cards, containing IDEX sensors, for state benefit programs

IDEX Biometrics’ CEO Stan Swearingen and CFO Derek D’Antilio will host a conference call today at 15.00 CET. Dial-in details are as follows:

Norway +47 2100 2610
United States +1 929 477 0324
International +44 (0)330 336 9126
   
Confirmation code: 4828434

Please find the second quarter 2019 report attached.

For further information contact:
Stuart Hunt, Head of Investor Relations & Communications
+44 (0)1276 534 632

About IDEX Biometrics
IDEX Biometrics ASA (OSE: IDEX), is the leading provider of fingerprint identification technologies offering simple, secure and personal authentication for all. We help people make payments, prove their identity, gain access to information, unlock devices or gain admittance to buildings with the touch of a finger. We invent, engineer and commercialize these secure, yet incredibly user-friendly solutions. Our total addressable market represents a fast-growing multi-billion-unit opportunity.

For more information, visit www.idexbiometrics.com and follow @IDEXBiometrics

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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IT

SMART Global Holdings to Announce First Quarter Fiscal 2020 Financial Results on Thursday, December 19, 2019

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NEWARK, Calif., Dec. 12, 2019 (GLOBE NEWSWIRE) — SMART Global Holdings, Inc. (“SMART” or the “Company”) (NASDAQ: SGH), parent company of SMART Modular Technologies, Inc., today announced that it will report its first quarter fiscal 2020 financial results and business outlook after the market closes on Thursday, December 19, 2019. The Company will host a corresponding conference call at 1:30 p.m. Pacific Time (PT), 4:30 p.m. Eastern Time (ET). The call will be broadcast live over the internet on the Events section of the Company’s website at www.smartgh.com.

Conference Call Details 
Date: Thursday, December 19, 2019
Time: 1:30pm Pacific Time (PT) / 4:30pm Eastern Time (ET)
Dial-in US toll free: +1-866-487-6452
Passcode: 4198684
Webcast: www.smartgh.com

A replay of the conference call will be accessible for one week following the call as follows:
Replay: +1-855-859-2056; Passcode: 4198684; or through the Events section of the SMART website at www.smartgh.com.

About SMART Global Holdings
The SMART lines of business are leading designers and manufacturers of electronic products focused on memory and computing technology areas. The company specializes in application specific product development and support for customers in enterprise, government and OEM sales channels. Customers rely on SMART as a strategic supplier with top tier customer service, product quality, and technical support with engineering, sales, manufacturing, supply chain and logistics capabilities worldwide. The company targets customers in markets such as communications, storage, networking, mobile, industrial automation, industrial internet of things, government, military, edge computing and high performance computing.  SMART operates in three primary product areas: specialty memory products, Brazil products and specialty compute and storage solutions.

See www.smartgh.com, www.smartm.comwww.smartembedded.com, www.smartsscs.com and www.penguincomputing.com for more information.

Investor Contact:
Suzanne Schmidt
Investor Relations for SMART Global Holdings, Inc.
(510) 360-8596
ir@smartm.com

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IT

Wayside Technology Group, Inc. Confirms Receipt of Unsolicited Proposal

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EATONTOWN, N.J., Dec. 12, 2019 (GLOBE NEWSWIRE) — Wayside Technology Group, Inc. (NASDAQ: WSTG), an international technology distribution channel company (the “Company”), confirmed today that, on December 10, 2019, it received an unsolicited proposal from Shepherd Kaplan Krochuk, LLC and North & Webster SSG, LLC (together, the “N&W Group”) to acquire the Company.

Consistent with its fiduciary duties and in consultation with its advisors, the Board is carefully reviewing the N&W Group’s proposal to determine the course of action it believes is in the best interests of the Company and its shareholders. Shareholders are not required to take any action at this time.

About Wayside Technology Group, Inc.

Wayside Technology Group, Inc. (NASDAQ: WSTG) is an IT channel company and parent of Lifeboat Distribution, an international value-added distributor for Emerging Technology Vendors with solutions for Security, Data Management, Connectivity, Storage & HCI, Virtualization & Cloud and Software & ALM. Lifeboat provides vendors access to thousands of VARs, MSPs, CSPs and other resellers. Lifeboat holds an IT-70 GSA contract vehicle that provides resellers and vendors with a competitive edge within the Public Sector.

Additional information can be found by visiting www.waysidetechnology.com

Forward Looking Statements

Certain matters contained in this Press Release include “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. We make these forward-looking statements in reliance on the safe harbor protections provided under the Private Securities Litigation Reform Act of 1995.

All statements, other than statements of historical fact, included in this Press Release may constitute forward-looking statements. Although we believe that the expectations reflected in these forward-looking statements are reasonable, we cannot assure you that these expectations will prove to be correct. These forward-looking statements are subject to certain known and unknown risks and uncertainties, as well as assumptions that could cause actual results to differ materially from those reflected in these forward-looking statements. Factors that might cause actual results to differ include the risk factors discussed from time to time in each of our documents and reports filed with the SEC.

Readers are cautioned not to place undue reliance on any forward-looking statements contained in this Press Release, which reflect management’s opinions only as of the date hereof. Except as required by law, we undertake no obligation to revise or publicly release the results of any revision to any forward-looking statements.

Investor Relations Contact:

Michael Vesey, Vice President and Chief Financial Officer
Wayside Technology Group, Inc.

(732) 389-0932
michael.vesey@waysidetechnology.com

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IT

Waturu Holding A/S’s subsidiary Watgen Medical A/S enters into investment agreements of DKK 12,195,000,-

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Watgen Medical A/S

Company Announcement No. 21
Vejle, December the 12th., 2019

Waturu Holding A/S’s subsidiary Watgen Medical A/S has today entered into investment agreements with HEBO Danmark Holding ApS for a capital injection of DKK 10,945,000, – and with its co-founder and CTO MD Prof. Peter Bjerring with an additional DKK 1,250,000.

Investing in trances. DKK 8,945,000 will be added to the company in December 2019. The amount will ensure operations, including the continued development of products and the conduct of clinical trials, which will document the anti-inflammatory effect on eczema and an improved treatment method for wound patients, in addition to preparing the company for the upcoming IPO.

A final capital injection of DKK 3,250,000 will be added to the company in connection with the company’s stock exchange listing in the second half of 2020 at a minimum valuation of DKK +250 million.

CEO of Waturu Holding A/S Toke Reedtz states:

“The interest concerning investing in Watgen Medical A/S has been fantastic. We would like to take this opportunity to thank the many investors who have approached us in this regard and hope they will invest, when we list the company later in 2020”. We are of course also very proud that co-founder and MD. Prof. Peter Bjerring is increasing his investment in Watgen Medical A/S.

CEO of Hebo Danmark Holding ApS states:

“We are looking to invest in growth companies that make a difference to people and at the same time has a sustainable profile. Watgen Medical A/S is an example of this and with a competent and enterprising management we look forward to working with the company.

 Group CFO Michael Nørgaard for Waturu Holding A/S states:

“The value impact on Waturu Holding A/S will be significant, due to an expected significant increase in value of Watgen Medical A/S within 1-2 years – Waturu Holding A/S will remain majority shareholder even after the upcoming IPO. Financially, the increased demand to deliver products to Watgen Medical A/S will potentially result in expected demand of more than 75,000 units by 2025 which has not been included in Waturu Holdings’ growth plan. On the operating side, Watgen Medical A/S´s, has started to expand the organization, with management and specialized resources with competencies in atopic dermatitis (child eczema) and wound care targeted chronic wound care patients ”.

CEO of Watgen Medical A/S Jesper Nørregaard states:

“I am very pleased to welcome HEBO Denmark Holding to Watgen Medical A/S’s circle of owners. Getting such a professional and knowledgeable investor on board is just great for us as a company. The investment means that we can accelerate our work in offering new solutions to patients with skin diseases and in improving the wound treatment solutions as well as preparing the company for the upcoming IPO”.

More information:

CEO Toke Reedtz, tel .: +45 5188 1262, e-mail: toke@waturu.com
CFO Michael Nørgaard, tel .: +45 2720 6214, e-mail: mn@waturu.com

Waturu Holding A/S
Sjællandsgade 32
7100 Vejle
www.waturu.com

Certified Adviser:

Västra Hammen Corporate Finance AB
Per Lönn,
Jungmansgatan 12
211 11 Malmö
Sweden
www.vhcorp.se

Nasdaq First North Growth Market Important links:

Websites:
www.waturu.dkwww.watgenmedical.comwww.aquaturu.com

Financial reports:
www.waturu.com/documents

Continuous updates from the company:
https://www.linkedin.com/company/waturu/

https://www.facebook.com/WaturuDenmark/

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