The NEXT 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.
Oslo, Norway (PRWEB) February 05, 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 based on its patented technology, did 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 NEXT 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.”
ABOUT NEXT BIOMETRICS (online at http://www.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.
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. For information contact: CEO, tore.idsoe (at) NextBiometrics.com or CFO, knut.stalen (at) NextBiometrics.com.