NEXT Biometrics has received a purchase order valued at NOK 18 million from Chinese distributor XM Holder. This order represents deliveries of NEXT FAP20 sensors covering new design wins in China. As previously communicated in the NEXT Second Quarter report, the intense collaboration between NEXT's Chinese market entry partner WISER has led to progress in terms of design wins and new demand for FAP20 sensors, which now has resulted in this purchase order from NEXT existing distributor XM Holder.

This initial FAP20 purchase order from XM Holder covers the first and additional WISER design wins. NEXT high-security fingerprint sensors will be used in Banking applications in China.