NEXT: NEXT Biometrics receives first order for new high value PC sensor
Oslo, February 8, 2021 - NEXT Biometrics (Oslo Bors: NEXT) today announced the
first purchase order for a new pc sensor product co-developed with industry

leaders. This high value product will provide increased revenue per sensor,

gross margins and potentially higher volumes.

The NEXT Sensor is compliant with Microsoft SecureBIO requirements, and has been

developed together with global technology leader Broadcom Inc. One of NEXT top

tier PC OEM customers has co-funded the development and already selected this

solution for multiple Notebook platforms and has issued its first purchase

order.

This solution is widely expected to become mandatory for computer manufacturers

world-wide as Microsoft launches their Modern PC protocol in second half 2021.

The NEXT Secure Bio solution is a premium sensor with a large added customer

value. Average revenue per sensor is higher compared to previous sensor

solutions. NEXT Biometrics is working with several other PC OEMs and peripheral

device manufacturers to start using this solution.

"I am pleased to see that NEXT together with its partner, yet again is at the

forefront of the development in the biometric industry. It is also pleasing to

see the great interest this high value solution is generating among our

customers, and that we have achieved yet another design-in from a global OEM

with improved revenue potential. This development has changed the nature of our

PC business", said Peter Heuman CEO of NEXT.

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 ThermalTM 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

https://newsweb.oslobors.no/message/524031