Oslo, April 25, 2022 – NEXT Biometrics (Oslo Bors: NEXT), has received an additional Design-win and purchase order from business partner Televic in Belgium. This is the second Televic product using NEXT’s flagship FAP20 product.
The initial purchase order is small, but the design-win demonstrates the result of NEXT’s close collaboration with Televic, a pioneer ICT provider in Belgium. Televic started developing the product 9 months ago, and it is now ready to be launched in selected European markets. The new biometric product will enable advanced secure access control for industrial companies. Product volumes are estimated to be low at the beginning with initial product launch in Belgium. Televic has the ambition to launch the new biometric product in additional European countries during 2022.
“We have added one more design win to our extended and increasing customer list. At the same time, we are pleased to strengthen our collaboration with Televic. Our partner has developed promising high-security products for the industrial access control market. We are excited that, yet another interesting biometric product includes NEXT sensors” said Ulf Ritsvall, SVP of Sales and Marketing 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.
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NEXT Investor contact:
Peter Heuman, peter.heuman@nextbiometrics.com
Eirik Underthun, Eirik.underthun@nextbiometrics.com