Oslo, April 22, 2020 – NEXT Biometrics (Oslo Bors: NEXT), a global company in fingerprint sensor technology, today announce, it has received an initial purchase order from an Indian business partner for its One Touch ID Finger Print Module.
The initial purchase order is for 1000 sensors to be shipped immediately for integration in fingerprint enabled payment terminals (POS). The terminals are part of a financial inclusion strategy aiming at adopting fingerprint identification and authentication services for secure financial services in India. After a successful launch additional orders are expected. Additionally, the business partner will start testing Next PIV certified FAP 20 sensors for integration in other fingerprint-enabled payment terminals aiming at international markets.
“We are pleased to announce this first commercial order from our highly valued business partner,” said Peter Heuman, CEO of NEXT Biometrics. “This initial order will not have a significant revenue impact, but it is a proof-point of our customer focus, technology edge and perseverance in spite of the global Covid-19 challenges.”
NEXT’s FAP20 module (One Touch 2000) was recently certified by the FBI as tested and in compliance with the FBI’s Next Generation Identification (NGI) Image Quality Specifications (IQS). A review of the test data was conducted by the FBI’s Criminal Justice Information Services Division. For PIV listing information please visit the official FBI site at – https://www.fbibiospecs.cjis.gov/Certifications/
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, Silicon Valley, Taipei, Prague, Bengaluru and Shanghai.
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NEXT Investor contact:
Peter Heuman, firstname.lastname@example.org