21 Feb 2022 08:45 CET

Utsteder

Zwipe AS

OSLO, NORWAY and DELHI, INDIA - 21 February 2022 - sKarn RoboticS, a high-tech
company providing security and privacy solutions to businesses, consumers, and
the government sector, is strengthening its solution portfolio with biometric
access control and co-branded biometric payment cards built on Zwipe's
technology. Headquartered in Oslo with a global presence, Zwipe is pioneering
the deployment of the next generation biometric payment and access control cards
globally.

Founded in 2019, sKarn RoboticS is one of the key contributors to the 'Self
Reliance' initiative of the Indian government. The company is investing heavily
in building ultra-secure digital products and services ecosystems for end-users
and businesses. Its WeCript portfolio delivers high-grade security and privacy
controls for remote communication, secure searching, browsing, SaaS and e
-commerce. Right to privacy, right to freedom and right to information are the
three core values at sKarn RoboticS. The company recently won "2021 Global
Revolutionary Founder of the Year" and "2021 Global Innovative Product of the
Year" from the Government of India.

Speaking on the collaboration, sKarn RoboticS's Founder & COO, THE KARN, said,
"Our mission is to provide highly secured digital services that significantly
empower end-users with top rated privacy, security and digital experience.
Zwipe's extremely secure biometric payment and access control cards strongly
complement our core values and fit perfectly in the WeCript Ecosystem, our
solution portfolio. From Q3 2022 or before, we aim to launch pilots for our B2C
and B2B customers with a few thousand biometric access control and payment cards
and expect a rapid scale-up thereafter. Biometric cards will create meaningful
value for all our customers."

sKarn RoboticS will take deliveries from selected manufacturers of biometric
cards in Zwipe's global ecosystem with focus on India and key growth markets.

Commenting on this development, André Løvestam, Chief Executive Officer at
Zwipe, said: "It is great to see an ambitious and fast-moving high-tech security
solution provider such as sKarn RoboticS, with its WeCript Ecosystem, recognize
the value of biometric cards for its customers. Both organizations share the
passion to deliver enhanced security, privacy and convenience to our direct
customers and end customers. We are very much looking forward to our
collaboration with sKarn RoboticS and their customers".


                               ###

About sKarn RoboticS

Founded in 2019 by THE KARN, sKarn RoboticS is an Indian tech start-up company,
govt. accredited and recognized by DPIIT as start-up India. Carrying forward the
Indian government's initiative, sKarn RoboticS is working on prioritizing the
significance of building a safe and secure internet ecosystem for the users and
businesses. Its private and secure product line named "WeCript Ecosystem'' is a
product of the visionary thinking of the founder of sKarn RoboticS, THE KARN
about making India and world self-reliant. The company aims to ensure data
protection and privacy for users, serving right and relevant results across the
web through WeCript Ecosystem.

Core Values of sKarn/Wecript Ecosystem:

· Right to Privacy - Protecting online privacy and user safety.
· Right to Information - Ensuring information is reliable as well as accurate.
· Right to Freedom - Ensuring every search query is unique and not influenced

About Zwipe

Zwipe believes the inherent uniqueness of every person is the key to a safer
future. We work with great passion across networks of international
organizations, industries and cultures to make convenience safe and secure. We
are pioneering next-generation biometric card and wearables technology for
payment and physical & logical access control and identification solutions. We
promise our customers and partners deep insight and frictionless solutions,
ensuring a seamless user experience with our innovative biometric products and
services. Zwipe is headquartered in Oslo, Norway, with a global presence.

To learn more, visit zwipe.com

For further information please contact: André Løvestam, CEO, +47 934 36 952,
info@zwipe.com


554406_sKarn_RoboticS_selects_Zwipe_to_strengthen_its_WeCript_Ecosystem_for_India_and_global_markets_with_Biometric_Cards.pdf

Kilde

Zwipe AS

Leverandør

Oslo Børs Newspoint

Company Name

ZWIPE

ISIN

NO0010721277

Ticker

ZWIPE

Marked

Euronext Growth