Oslo, November 5, 2020 – NEXT Biometrics (Oslo Bors:NEXT) a company in fingerprint sensor technology, today announce its FAP20 sensor integrated into Newland´s point of sales (POS) device, has received formal certification by Nigeria Inter-bank Settlement System (NIBSS). The POS device is the world’s first payment terminal passing biometric certification requirements in Nigeria.

Newlands POS device including NEXT’s FAP20 sensor has undergone rigorous tests by the Nigerian authority NIBSS as a part of the certification process. The biometrics features of NEXT’s FAP20 sensor integrated into the Newland fingerprint-enabled payment terminal has been found to comply with all requirements fit for the market in Nigeria and ready to be deployed to end-customers.

NEXT announced an order of FAP20 biometric sensors from business partner Newland on the 29th of September. These sensors were procured as a part of Newlands planned early introduction in Nigeria.

“We are pleased to see that our already FBI certified sensor is the first to also become certified in Nigeria for financial inclusion applications covering the largest country in Africa. NEXT and Newland have put tremendous efforts into achieving this milestone together. In addition, the NIBSS certification demonstrates our commitment to support our business partners by leveraging our unique technology and expertise in the biometrics industry” said Peter Heuman, CEO of NEXT Biometrics.

“As a leading POS device provider, Newland is pleased to become the first POS provider in being granted this certification together with NEXT. In this partnership we have developed a unique biometric POS device fit for the African Continent. We are excited to launch our POS certified product in Nigeria and other African countries” said Kazem Aminaee, President of Newland Payment International.

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 (nextbio.eternitygroup.dev) is headquartered in Oslo, with sales, support and development operations in Seattle, Taipei, Bengaluru and Shanghai.

About Newland Payment Technology (Newland)

Newland Payment Technology is the 2nd largest POS supplier worldwide according to the Nilson Report. Founded in 1994 in Fuzhou, China, NPT has been offering complete, flexible and adaptable suite of POS products, solutions and services whilst maintaining security and future proofing its offerings to its valued customers and partners around the world. Building upon its heritage of innovation and value-added solutions, NPT aims to strengthen its position as a truly global leader within the secure payment world through the network of channel partners in more than 100 countries.

NEXT Investor contacts:

Peter Heuman (CEO), peter.heuman@nextbiometrics.com

Eirik Underthun (CFO), eirik.underthun@nextbiometrics.com

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