New Design-win and initial purchase order from Hengyu

30 Mar 2023 10:55 CEST

Oslo, March 30, 2023 - NEXT Biometrics (Oslo Bors: NEXT), has received an
additional Design-win and purchase order from business partner Hengyu in China.

Hengyu is in the process of launching a new keyboard with NEXT’s fingerprint
sensor. The biometric enabled keyboard will be used in the banking industry and
demonstrates the result of NEXT’s close collaboration with Hengyu, a design and
manufacturer of professional computer input devices, based in China. The new
biometric keyboard will enable advanced secure access control for notebooks and
PCs across different platforms. The initial purchase order is USD 40,000, and
the product will be launched in the USA. Hengyu has the ambition to launch the
new biometric keyboard in additional countries during 2023.

“We are pleased to strengthen our collaboration with Hengyu. Our partner has
developed a promising a high-security add-on product for notebooks and PCs that
can upgrade the security level without the purchase of new notebooks or PCs. 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

More information:
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