NEXT Biometrics Receives Orders Within New Market Segments

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NEXT fingerprint sensor orders for payment-, home- and smartphone-related devices

NEXT Biometrics offers high quality area fingerprint sensors at a fraction of the prices of comparable competitors.

Customers requesting products in January have made it clear that they need the quality of a large area fingerprint sensor at a very low price. In this market, NEXT is the only player.

NEXT Biometrics Group ASA announced it has recently received a number of orders within a range of new high potential fingerprint sensor markets.

During January, a total of 6 customers have placed orders for NEXT fingerprint sensors to be integrated in new mass market small product formats. The targeted products include payment-, home- and smartphone-related devices.

NEXT Biometrics said that customers have ordered SDK’s (Software Development Kit) and fingerprint sensor samples as part of their product development process. They all have requirements for large, high-performance fingerprint sensors and all target launch between the second half of 2015 or the first half of 2016 (H2-15 or H1-16).

Tore Etholm-Idsøe, CEO of NEXT Biometrics said, "The ‘Apple Effect’ is starting to make a significant impact in multiple new market segments. The general acceptance of fingerprinting is increasing fast. All of the customers requesting our products in January have made it clear that they need the quality of a large area fingerprint sensor at a very low price. In this market, NEXT is the only player. These 6 new projects each represent 6-digit volume potential."

ABOUT NEXT BIOMETRICS:
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 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.

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