NEXT Biometrics Secures Second Major Order for Bangladesh’s National Identification Program

25 Sep 2024 13:00 CEST

Oslo, Norway – 25 September 2024 – NEXT Biometrics, NEXT, a leading provider of
advanced fingerprint sensor technology, is pleased to announce the confirmation
of a second significant order, valued at NOK 5 million. The order will be
delivered in Q3 2024 and is part of NEXT's ongoing multi-year agreement with the
Bangladesh-based company, which was first announced in May 2024.

This marks an important milestone for NEXT, following the successful delivery of
its initial order in June 2024. The company's cutting-edge FAP20 fingerprint
sensors will be used in Bangladesh's National Identification Program,
positioning NEXT Biometrics as a key player in this major biometric market.

"We are thrilled to receive this second order from our valued partner.
Bangladesh has made significant strides in implementing biometric fingerprint
solutions, and our FAP20 sensor is now recognized as one of the most certified
sensors globally for national ID programs," said Digvijay Singh Kanwar, Senior
Vice President and Head of Sales for India, USA, Europe, and Africa at NEXT.
"This is a testament to our technology’s reliability and growing demand across
international markets."

NEXT Biometrics’ innovative solutions continue to play a pivotal role in
supporting national ID programs, reinforcing the company's position as a global
leader in biometrics technology. As Bangladesh advances its national
identification system, NEXT remains committed to delivering world-class
biometric solutions that enhance security and streamline identification
processes.

This second order further strengthens NEXT's strategic footprint in the growing
biometric market in Bangladesh, underscoring the company’s momentum in the
region and contributing to its long-term growth plan.

For more information, please contact:
Ulf Ritsvall, Chief Executive Officer
ulf.ritsvall@nextbiometrics.com
Eirik Underthun, Chief Financial Officer
eirik.underthun@nextbiometrics.com

About NEXT
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.

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