NEXT Biometrics Group ASA - Earnings Release 2017

NEXT Biometrics Group ASA - First half year 2017 report

HIGHLIGHTS Q2-2017

-Revenue of NOK 24 million vs NOK 24.1 million in Q1-17

-Gross margin improvement plan on track

-Confirmed ability to mass produce flexible fingerprint sensors

-Completed the coater and the cutter investment projects

-High-volume order placed for second generation ASIC

-Signed two new contracts in Q3

*Global distribution agreement with Arrow Electronics

* First Biometrics

NEXT CEO Ritu Favre comments: "We see increased market opportunity for our large cost-

efficient flexible fingerprint sensors as the biometrics market matures and we develop our unique

technology. We reached an important milestone in the second quarter with mass-production

capacity firmly established for both flexible and rigid fingerprint sensors. This confirms our leading

technological platform and positions us in the forefront of the market to secure growth within our

targeted markets led by of Smart Cards, Government ID, Notebooks and Access Control," said Ritu

Favre, the CEO of NEXT Biometrics Group ASA."

ABOUT NEXT Biometrics: Enabled by its patented NEXT Active Thermal principle, NEXT

Biometrics (www.NextBiometrics.com) offers high quality area fingerprint sensors at a fraction of

the prices of comparable competitors. A wide range of product formats including smartcards,

smartphones, tablets, PC's, access control, time registration systems, wearables, payment

terminals, flash drives, USB tokens, key fobs and many more are targeted.

NEXT Biometric 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),

AI assistant