NEXT expands PC offering through new partnership

04 Oct 2024 11:00 CEST

Oslo, 4 October 2024: NEXT Biometrics (NEXT), a leading provider of advanced
thermal sensor technology, continues to develop and broaden its offering in the
PC and notebook segment. In line with its growth strategy, NEXT has signed a
strategic partnership with a new, Chinese partner which includes the sales of
the partner’s touchpad products for the PC segment alongside NEXT’s own.

In line with its strategy, NEXT continues to develop and broaden its offering
through relevant and selected partnerships. The recent agreement with a new
Chinese partner means that NEXT will now be broadening its product portfolio by
adding, and selling, the Partner’s touchpad products for the PC segment
alongside NEXT’s own.

The Partner is an established company with a product portfolio covering the PC
and Notebook segment. Through the partnership, NEXT expands its fingerprint
sensor offering to a new and significant product segment. In this cooperation,
NEXT also has a long-term target to develop and integrate the flagship NEXT
Active Thermal® fingerprint sensors into a touchpad product for the first time.

Through the agreement, NEXT will also be growing its product portfolio to a new
segment. NEXT is currently in dialogue with multiple new prospective customers
and expects to announce new design wins and purchase orders during the next 3-12
months. The initial shipments are expected in the beginning of 2025.

“I am delighted to announce that we will now be expanding our product offering
to touchpad as well, a product segment in which we expect to see increased
demand for biometric solutions. As this partnership involves both our products
and support from our sales organization, I believe it demonstrates our market
position in diverse industries, long-term ambition to strengthen our portfolio
of products in the PC fingerprint sensor-segment as well as the strong
performance of our sales team”, says Ulf Ritsvall, Chief Executive Officer at
NEXT.

Previously, NEXT announced a PC sensor product co-developed with industry
leaders. The company also secured a design win with a large, technology company
for providing NEXT Secure Bio fingerprint sensors for selected notebook models.
NEXT’s sensor is a premium offering, which has already been selected by a
top-tier PC OEM for multiple notebook platforms. In a PC environment,
fingerprint sensors can be used for different purposes, such as to identify and
authenticate the user or to activate certain functions.

“In line with our growth strategy, we continue to seek and add relevant
partnerships and synergies. We constantly seek to improve and develop our
offering and operations”, concludes Ulf Ritsvall.

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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