NEXT Biometrics, NEXT, a global leader in advanced, Active Thermal® fingerprint
sensor technology, has secured a new 8 MNOK order. The order will be delivered
in Q4 2024. The order comes from one of NEXT's Chinese distribution partners and
is part of a previously communicated design-win, targeting the growing
government ID market in Africa. NEXT's sensors will be integrated into a tablet
aimed for secure, on-device authentication.
In the beginning of 2024, NEXT announced its first successful product
integration of its China ID certified sensor solution. Shortly after, NEXT also
confirmed it had received its first order for its China ID sensors. This
achievement was a significant milestone for the company, as it classified NEXT
as one of few biometric players eligible to participate in the top-tier security
tenders. Following this milestone, the demand for NEXT's Active Thermal®
fingerprint sensor has also increased outside of China, especially in the global
government ID sector where digital authentication and verification
infrastructures demand reliable top-tier security.
Joshua Chiu, Senior Vice President and Head of Sales, South-East Asia at NEXT,
expressed his enthusiasm:
"I am pleased to confirm this order which provides a proof point for NEXT's
strong market position. The lead times in our industry are generally long. Thus,
it is always an indicator of trust and strength when our partners wish to
proactively ensure the availability of our products and capacity."
The market in Africa is growing due to digitization of public services that
drives the demand for robust ID services, including the use of biometric
authentication to ensure access to sensitive information. Mr. Chiu notes that
interoperability to improve the citizens' user experience and the efficiency of
public services are also important market drivers.
Mr. Chiu concluded:
"Developing solutions that are easy-to-use and available to all citizens is
crucial for governments that wishes to increase the adoption of biometrics in
society. This is our expertise, and we are proud to see our cost-efficient
solutions and unique technology contribute to creating real-life, positive
impact for nations and government organizations on a worldwide basis."
For more information, please contact:
Ulf Ritsvall
Chief Executive Officer, NEXT
ulf.ritsvall@nextbiometrics.com
Eirik Underthun
Chief Financial Officer, NEXT
eirik.underthun@nextbiometrics.com
About NEXT Biometrics
NEXT provides advanced fingerprint sensor technology that delivers uncompromised
security and accuracy for the best possible user experience in the payment and
fintech, government ID, access control and office and notebook markets. The
company's patented NEXT Active Thermal ® principle allows the development of
large, high-quality fingerprint sensors with superior security level. NEXT
Biometrics Group ASA is headquartered in Oslo, with sales, support, and
development operations in Seattle, Taipei, Tokyo, New Delhi and Shanghai.