A first volume order for the company´s second generation ASIC was announced March 23rd. After implementing adjustments, a high volume order has now been placed. This means that the ASIC will begin to ship in volumes to customers in Q4.
The new ASIC will first ship in volumes to key customers in the Notebook segment. This ASIC is an important milestone for NEXT to stay strong and relevant in the quality focused part of the notebook segment.
NEXT CEO, Ritu Favre comments : The enhanced performance of the A2, with reduced size, BOM component complexity and cost, represents a major milestone for the company, and is a key building block of our company strategy.”
ABOUT NEXT Biometrics:
Enabled by its patented NEXT Active Thermal principle, NEXT Biometrics (www.nextbiometrics.com) offers high quality area fingerprint sensors at a fraction of the prices of comparable competitors. A wide range of product formats, including smartcards, notebooks, time & attendance, usb-sensors, smartcard readers, secure tokens and access control systems and many more are targeted.
NEXT BIOMETRICS GROUP ASA is a publicly listed company headquartered in Oslo, Norway and with sales, support and development subsidiaries in Seattle, Silicon Valley, Taipei, Prague and Shanghai.
Media and Investor contacts for NEXT Biometrics:
Ritu Favre (CEO), Ritu.Favre@nextbiometrics.com
Knut Stålen (CFO), Knut.Stalen@nextbiometrics.com