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NEXT Biometrics Group ASA Board/Management Information 2021

Sep 21, 2021

3671_iss_2021-09-21_f1ea9733-6186-4662-92c1-ae12f86c1a5f.html

Board/Management Information

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NEXT Biometrics Group ASA: Changes to management

NEXT Biometrics Group ASA: Changes to management

Oslo, 21 September 2021 – NEXT Biometrics (Oslo Bors: NEXT), a global leader in fingerprint sensor technology, today announce changes to group management.

Ulf Ritsvall will join NEXT management team as new Senior Vice President of Sales and Marketing from 15 October 2021. Ulf Ritsvall joins from Fingerprint Cards and is a driven senior international sales and marketing manager with key strengths to build and drive organizations in growing environments towards a shared vision.

Ulf Ritsvall has broad management experience from both the ICT and Biometric industries. He has a strong commercial background and experience from commercializing both start-ups and more established operations. He has lived abroad in both South Korea and USA, and held various positions as Senior Marketing Director, Sales Director and Country Manager.

“We are pleased to have an experienced executive like Mr Ritsvall joining NEXT. His global track record from the Biometric industry will strengthen our ability to commercialize our solutions and accelerate growth,” said Peter Heuman, CEO of NEXT.

“NEXT offers a unique thermal biometric technology with potential to disrupt a number of selected market segments. With multiple recent design wins and established high potential partnerships, I am looking forward to join NEXT” said Ulf Ritsvall.

About NEXT Biometrics

NEXT provides advanced fingerprint sensor technology that delivers uncompromised securi-ty and accuracy for the best possible user experience in the smart card, government ID, ac-cess control and notebook markets. The company’s patented NEXT Active Thermal™ princi-ple 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:

CEO, Peter Heuman, [email protected]

CFO, Eirik Underthun, [email protected]

This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.

This stock exchange announcement was published by Eirik Underthun, CFO at NEXT Biometrics Group ASA, on September 21, 2021 at 09:32 CET.