Norwegian biometrics company NEXT Biometrics (NEXT) has received 6 MNOK purchase
order for NEXT FAP20 sensors targeted for the market in India. Delivery will be
in Q1 2024.

The purchase order is from a new distributor focusing on the market in Asia. The
sensor deliveries will be in Q1 2024. NEXT continues to evolve its distributor
footprint in Asia and is proud to announce this new distributor agreement and
purchase order. The NEXT products are targeted to be delivered to NEXT OEM
partners in India, a total of three Indian OEM have applied for prestigious
Aadhaar L1 certification using NEXT's sensor. Hence, this order is a
continuation of the commitments in the India OEM contracts that were previously
announced in 2023 and 2024.

Digvijay Singh Kanwar, Senior Vice President and Head of Sales India, US, EU,
and Africa, comments:
"I extend a warm welcome to our new distributor. It's gratifying to witness
their confidence in our products and services. Additionally, it's encouraging to
observe top-tier OEMs in India prioritizing liveness detection and security for
their devices, leading to a surge in demand for our FAP20 products within the
Indian Aadhaar ecosystem and among our local OEM partners."

Ulf Ritsvall, CEO concludes: 
"I am very satisfied that our OEM partners in India drive repeating order
volumes for NEXT and our distributors in line with previously announced targets.
This reaffirms NEXT's successful long-term strategy in India and underscores the
growth potential in the region." 

For more information, please contact: 

Ulf Ritsvall
Chief Executive Officer, NEXT

Eirik Underthun
Chief Financial Officer, NEXT 

About NEXT Biometrics 
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(R) 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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© Oslo Bors ASA, source Oslo Stock Exchange