Oslo, November 10, 2020 -NEXT Biometrics (Oslo Bors: NEXT), a global company in finger-print sensor technology, today announced it has received an initial purchase order for biometric sensors from business partner Page Electronica in Belgium. The initial order is for 10,000 units and is scheduled to be deployed in December 2020. The partner estimates that 20,000 NEXT sensors will be deployed during the next 24 months period.
The initial purchase order is a result of NEXTs close collaboration with Page Electronica, an ICT service provider in Belgium. Page Electronica has developed an ultra-secure blockchain wallet solution using one of NEXT Biometrics sensor products. Pages Electronicas end-customer is NGRAVE, a Startup Blockchain company in Belgium, that offers secure products to store passwords and crypto-keys for owners of crypto currencies.
“We are pleased that our collaboration with Page Electronica and NGRAVE has resulted in this innovative ultra-secure solution. It proves NEXTs capabilities attracting partners with novel solutions as well as our ability to deliver biometric solutions with superior performance. The collaboration demonstrates again the versatility of our sensor technology. We are excited that yet another interesting new product include NEXT sensors” said Peter Heuman, CEO of NEXT Biometrics.
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 (www.nextbiometrics.com) is headquartered in Oslo, with sales, support, and development operations in Seattle, Taipei, Bengaluru and Shanghai.
About Page Electronica
Page Electronica is an ICT service provider in Belgium. The company has a team of about 100 skilled employees and is a member of different branch-organizations like Sirris and Imec.
NEXT Investor contacts:
Peter Heuman (CEO), email@example.com
Eirik Underthun (CFO), firstname.lastname@example.org