NEXT Biometrics Shipping First Samples of Advanced Smart Card Module to Customers

OSLO, May 7, 2018 -- NEXT Biometrics (Oslo Bors:NEXT), a global leader in fingerprint sensor technology, today announced the company has shipped the first samples of its biometric module for smart cards to select customers. The modules are another key element of NEXT’s strategy for bringing its unique large-area fingerprint sensor technology to the smart card market.

                  NEXT has been working closely with seven top customers in Asia, Europe and North America demonstrating its smart card solution and has now moved on to provide them with sample products. Additionally, the company is engaged with another 20 customers for the smart card module worldwide.

                  “Shipping samples of our biometric module for smart cards marks another step forward for NEXT in this rapidly growing market segment and highlights the strong support among customers for our fingerprint sensor technology,” said Ritu Favre, NEXT CEO. “I’m very pleased with the strong interest we’re seeing among customers for our innovative smart card solutions, as well as the solid momentum we’re building internally with the execution delivered by our engineering teams. These two things combined are the foundation for NEXT’s long-term success.”

                  The fully flexible sensor NEXT has shipped to customers is compliant with ISO/IEC 17839, which defines the functional architecture and key characteristics for biometric smart cards. The module is designed for contact-based (Class B) smart cards and is ideally suited for government identification cards, financial inclusion programs and access control devices.

                  The module eases integration into finished products, connecting directly to a smart card chip as a card-internal peripheral. NEXT’s unique large-area sensor enables one-touch self-enrollment capability and export of standards-based finger minutiae templates. In addition, NEXT fingerprint sensors deliver a proven, secure and convenient user experience with outstanding false rejection rate (FRR) and false acceptance rate (FAR) performance.

                  Today’s news follows the company’s announcement of 25 April that it had achieved an important first step toward commercialization of its fingerprint sensor technology for contactless smart cards.

# # # # #

Media contact:

Tom Beermann, tom.beermann@nextbiometrics.com 

Investor contact:

Knut Stalen, knut.stalen@nextbiometrics.com

About NEXT Biometrics

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, Taipei, Prague and Shanghai.

Tags:

About Us

NEXT Biometrics offers high quality area fingerprint sensor at a fraction of the prices of comparable competitors, enabled by its patented Active Thermal Principle. NEXT Biometrics Group ASA is a publicly-listed company on the OSLO Axess Bors (symbol NEXT) and is headquartered in Oslo, Norway. The comapny has sales, support and development subsidiaries in Seattle, Silicon Valley, Prague, Taipei and Shanghai.

Subscribe

Media

Media