Oslo, April 28, 2021 -NEXT Biometrics (Oslo Bors: NEXT), a global company in finger-print sensor technology, has received an initial purchase order of sensors amounting to NOK 1 million
The initial purchase order is a result of NEXT`s collaboration with Mobiocean, a Fintech business partner to NEXT. It is an additional design win for POS devices within the India Fintech domain, similar to the order announced with Pagaria on 10 February 2021.The sensors are prepaid and planned to be shipped during the second quarter 2021. NEXT expects additional follow-on orders from the same business partner during 2021.
NEXT sensors will be integrated into payment POS terminals for financial inclusion projects by one of the largest state cooperative banks in India, providing door-step digital and banking services to the citizens of India.
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.
NEXT Investor contact:
Peter Heuman (CEO), peter.heuman@nextbiometrics.com
Eirik Underthun (CFO), eirik.underthun@nextbiometrics.com