NEXT Biometrics secures multi-national, brandname design-win

NEXT Biometrics AS has signed an agreement with a multinational tier 1 company.

NEXT will supply their demand for fingerprint sensors in multiple products to be launched in H2-2015.

The agreement is the result of a 12-month process of evaluations and negotiations.

The application is within the smartphone / tablet / notebook market segments.  Further details will be disclosed upon the launch of the products in H2-2015.

The unit volume projected by the customer is in 7 digits.

NEXT Biometrics CEO Tore Etholm-Idsøe comments " It is with great pleasure we can now report that we have won our first «major league» design win.  NEXT is now 1 of only 3 world market sensor suppliers to secure such a status from a multinational tier-1. “

ABOUT NEXT BIOMETRICS (nextbiometrics.com)
Enabled by its patented Active Thermal Principle, NEXT offers high quality area fingerprint sensor at a fraction of the prices of comparable competitors. A wide range of product formats including Smartphones, Tablets, PC's, Doors, Time registration systems, Payment terminals, Flashdrives, Usb-tokens, Key fobs and many more are targeted.

NEXT BIOMETRICS GROUP ASA is a publically listed company headquartered in Oslo, Norway, with sales, support and development subsidiaries in Seattle, Silicon Valley, Prague, Taipei and Shanghai.

Investor & Press contacts :
Tore Etholm-Idsoe / CEO, mob + 47 922 32 439, e-mail
tore.idsoe@nextbiometrics.com
Knut Stålen / CFO, mob + 47 920 43 458, e-mail knut.stalen@nextbiometrics.com

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About Us

NEXT provides advanced fingerprint sensor technology that delivers uncompromised security and accuracy for the best possible user experience in the smart card, government ID, access control and notebook markets. The company’s patented NEXT Active Thermal™ principle allows the development of large, high quality fingerprint sensors in both rigid and flexible formats. NEXT Biometrics Group ASA (www.nextbiometrics.com) is headquartered in Oslo, with sales, support and development operations in Seattle, Silicon Valley, Bengaluru, Taipei, Prague and Shanghai.

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