NEXT Biometrics Receives "New Segment" Development Order

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Oslo, Norway- February 5, 2015- NEXT Biometrics Group ASA (OAX: NEXT) announced it has received an initial development order, valued at $100,000 USD, from a new client in its "NEXT-enabled market" sector. NEXT, the leader in high performance low-cost fingerprint sensors, is under NDA and can not disclose the client company or specific applications being developed.

Tore Etholm-Idsøe, CEO of NEXT Biometrics, said, "The main part of the order is for consultancy as NEXT will support its client with high level expertise to develop an undisclosed application within a new field. NEXT is uniquely able to deliver credible, robust sized sensors at unprecedented low cost levels. This area of our business we brand as the 'NEXT-enabled market' segment."

Etholm-Idsøe added, "The development order application involves a small device in need of a high quality sensor at a low cost. By supporting our new customer we will be helping it create a new and exciting high volume market segment."
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Investor & Media 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

NEXT Biometrics Group ASA is a publicly-listed company on the OSLO Axess Bors (symbol NEXT) and is headquartered in Oslo, Norway, with sales, support and development subsidiaries in Seattle, Silicon Valley, Prague, Taipei and Shanghai.