Oslo, January 26, 2021 NEXT Biometrics (Oslo Bors: NEXT), a global company in
finger-print sensor technology, has signed a LOI in India and received an
initial order. In addition, NEXT publish NEXT Insight #3. 

NEXT has signed a non-binding LOI and received an initial order of 4.650 sensors
from Pagaria Group in India, which qualifies as a small sized order. The LOI has
however an estimated volume of 13.000 sensors to be integrated into payment
Point of Sales (POS) devices and an additional estimated volume of 10.000
sensors to be integrated into Biometric Bluetooth readers in India. The initial
PO for delivery of fingerprint sensors is to be integrated into a payment POS
device. The majority of estimated and planned shipments are expected to take
place during 2021.

The payment POS terminals and Biometric Bluetooth readers will be used in the
Fintech domain by one of the fastest growing payment banks in India providing
door-step digital services to the citizens of India. Please read more about the
recently signed LOI with Pagaria Group and gain more insights into NEXT's
traction within Payment & Fintech market in NEXT Insights #3.

NEXT Insights:
For more regular insights and updates related to activities, the biometric
market and certain customer segments you can easily sign up for recently
launched NEXT insights and receive e-mail updates at nextbiometrics.com. 

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 Thermal 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.

NEXT Investor contact:
Peter Heuman (CEO), peter.heuman@nextbiometrics.com
Eirik Underthun (CFO), eirik.underthun@nextbiometrics.com

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