Zwipe AS - Regulatory Filings 2021

Zwipe expands its Asia-Pacific and European footprints with four new customers

OSLO, NORWAY - February 10, 2020?-?Biometric fintech company Zwipe is pleased to

announce that over the recent months it has finalized four

new partnerships with prominent card manufacturers in Asia-Pacific and

Europe. The combined annual card shipment from these new customers is in excess

of 1 billion, of which payment cards constitute more than 150 million.

The new card manufacturers are working with Zwipe to develop and exploit

the new market opportunities for biometric payments. As part of their engagement

with Zwipe, these customers have chosen the Zwipe Pay ONE platform for

delivering biometric payment cards to the issuers, targeting pilots before the

end of 2021. Subject to positive pilot results, mass-market rollout will

follow.

Commenting on these partnerships, André Løvestam, CEO of Zwipe said "We continue

to see strong traction from card manufacturers all over the world to engage

with Zwipe on biometric payment cards based on our Zwipe Pay ONE

platform. This is well matched by interest from issuers who are keen

to deliver the next generation contactless payments experience to

consumers, combining the convenience and safety of truly contact-free with

the security of strong biometric authentication."

###

About Zwipe

Zwipe is pioneering the next generation contactless payments experience,

providing biometric payment cards components and wearables technology that

enable consumers to authorize transactions with their fingerprints without

compromising their privacy. Together with an ecosystem of partners including

global brands within digital security and financial services, Zwipe is "Making

Convenience Safe & Secure" for banks, merchants, and

consumers. Zwipe's solutions address the hygiene and data theft pitfalls

inherent in traditional authentication methods. Headquartered in Oslo, Norway,

with a global presence, Zwipe is leading the next great shift in payments from

contactless to contact free. To learn more, visit www.zwipe.com

For further information please contact André Løvestam, CEO, +47?991 66

AI assistant