IDEX appoints Hemant Mardia

08/05/13

IDEX has appointed Hemant Mardia as CEO. Mardia will lead the business as it commercialises its fingerprint biometric sensor technology and IP portfolio for mass market secure identification, including mobile communications, cards and adjacent market applications.

“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. 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,” says Hemant Mardia.

Mardia has led high growth technology businesses in executive and technical roles. He was formerly CEO of Filtronic, a London Stock Exchange listed business in the telecoms sector. He brings extensive commercial, technical, M&A and investor relations experience to IDEX. IDEX says: “Hemant has successfully developed strategic partnerships as a key supplier of innovative electronic components for tier one global mobile telecom OEMs, network operators, security and defence system integrators. He has founded businesses in emerging sectors and developed international teams across Europe, US and the Far East, with world class, cost efficient design and manufacturing capabilities.

He 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.

Ralph W Bernstein who has served IDEX in the combined CEO/CTO role since 2008 will continue in the CTO position.

“We would like to thank Ralph for his significant contribution in developing IDEX’s business and product strategy, and bringing IDEX’s SmartFinger IP and innovative technology to the market. With the growing number of advanced partner programmes, Ralph will concentrate on his role as IDEX’s CTO, in order to expand IDEX’s technology and IP strategy,” says Morten Opstad, chairman of IDEX.

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