Oslo, February 2, 2021 – NEXT Biometrics (Oslo Bors: NEXT) today announced it has received a major purchase order of FAP 20 sensors from Credence ID LLC, a US-based leader in mobile biometrics and credential reading devices, signifying a growing technological and commercial acceptance of Next’s key product.
NEXT announced on May 13, 2020 that Credence ID designed-in NEXTs FAP20 sensor for its next generation Android product line. Today’s announcement is the first major purchase order from Credence ID. It is also the largest FAP20 sensor purchase order since NEXT obtained FBI certification in Q1 2020.
The new mobile biometric “ECO-Identifier™” device from Credence ID is a next generation portable device for identification projects in emerging markets. The rugged wireless Android device has among other features, biometric verification using fingerprint and face, secure contact and contactless credential reading and is Bluetooth, Wi-Fi, 4G cellular and GPS enabled. Half of the order will be shipped during Q1 2021, with remaining volumes to be delivered in installments.
“After extensive diligence Credence selected the NEXT Biometrics sensor for the ECO-Identifier because it’s the best FAP20 sensor available in the market in terms of both price and performance. Based on its features and price point, Credence has already secured significant orders for this new groundbreaking product and I’m confident that this hand-held terminal will quickly become the market leader for FAP20 identification devices“, said Bruce Hanson, President and CEO of Credence ID.
“We are impressed that Credence ID has secured significant orders from its customers. This instills confidence that Credence ID is building yet another outstanding biometric device and that they will become a great partner for NEXT. The order also confirms the market potential for NEXT´s key product, the FAP20”, said Peter Heuman, CEO of NEXT.
NEXT’s FAP20 sensor (One Touch 2000) has been 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 (www.nextbiometrics.com) is headquartered in Oslo, with sales, support and development operations in Seattle, Taipei, Bengaluru and Shanghai.
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NEXT Investor contact:
Peter Heuman, firstname.lastname@example.org
Eirik Underthun, email@example.com