NEXT Biometrics Group ASA — Earnings Release 2017

Oct 31, 2017

NEXT Biometrics begins shipments of its next generation fingerprint module to notebook market

NEXT Biometrics begins shipments of its next generation fingerprint module to notebook market

Oslo, Norway, October 31st, 2017:

NB-2034-S2 is a first in a series of high performance, cost-

efficient fingerprint modules based on the 2nd generation ASIC,

NB-A520.

NEXT announces that the NB-2034-S2 fingerprint module has

commenced mass production shipments. This module has been

designed to meet the demands of the notebook, tablet and

access control markets in terms of performance and cost.

Compared to its predecessors, the NB-2034-S2 module is

based on a single semiconductor controller, NB-A520 ASIC, that

comes with an integrated microcontroller, providing flexibility in

product design as well a system cost reduction. The number of

external components on the module is reduced by 67%, which

enables use of a more cost efficient flexible circuit board,

easier mechanical integration as well as a significant overall

system cost reduction.

Addressing the needs of the commercial notebook space, this

large area sensor module is offering the highest levels of

security and convenience. With its fully bezel-less design, the

sensor gives industrial designers the freedom for innovative

designs.

This module also boasts faster response times and significantly

lower power consumption relative to prior generations. The

scan current, standby current and finger detection currents

have been optimized for a much more power efficient notebook

solution.

NEXT Biometrics CEO Ritu Favre comments: "We are excited to

begin shipments of our NB-2034 S2 to our first Tier 1 notebook

customer. This will impact our margins significantly from Q1-18.

With this module, we are continuing to execute on our path to

better performing, more integrated and cost-efficient products.

These latest advances to our product line will contribute to pivot

NEXT into a company with profitable revenue in all customer

projects."

ABOUT NEXT Biometrics:

Enabled by its patented NEXT Active Thermal principle, NEXT

Biometrics (www.nextbiometrics.com) offers large high-quality

area fingerprint sensors in both rigid and flexible formats. The

sensors are can be implemented in a wide range of product

formats, including smartcards, notebooks, time & attendance,

usb-sensors, smartcard readers, secure tokens and access

control systems and many more are targeted.

NEXT BIOMETRICS GROUP ASA is a publicly listed company

headquartered in Oslo, Norway and with sales, support and

development subsidiaries in Seattle, Silicon Valley, Taipei,

Prague and Shanghai.

Media and Investor contacts for NEXT Biometrics:

Ritu Favre (CEO), Ritu.Favre@nextbiometrics.com

Knut Stålen (CFO), Knut.Stalen@nextbiometrics.com