OSLO, Dec. 10, 2018 – NEXTBiometrics (Oslo Bors: NEXT), a global leader in fingerprint sensor technology,today announced a cooperation agreement with Digitsecure India PvtLtd(www.lastmile.mobi) where the two companies will work together to developnew products based on NEXT’s advanced, large-area fingerprint sensortechnology. Specific product information and detailed objectives for the jointproject are not being disclosed at this time.
Digitsecure is an India-based
Digital identity and payments processing company with specialized focus on EMV,
Biometrics, Card payments and security.
“We’re very pleased to be
working with Digitsecure on developing new products for the India market,” said
Ritu Favre, NEXT CEO. “The agreement that has been reached between our two
companies will expand the use of biometrics for critical business applications
in India and is further evidence of NEXT’s growing presence in the country. We
look forward to joining with Digitsecure to support their market growth
“As a specialized technology
platform provider for regulated industry segments, highest levels of
performance and reliability of biometrics are key parameters we require from
our partners” said Jay Krishna, CEO, Digitsecure. “Working together with NEXT
Biometrics and their advanced large-area fingerprint sensor technology will
help us deliver path breaking solutions and create new possibilities. I
anticipate great things ahead as a result of our joint work.”
About NEXT Biometrics:
NEXT provides advanced fingerprint sensor technology that delivers
uncompromised security and accuracy for the best possible user experience in
the smart card, government ID, access control and notebook markets. The
company’s patented NEXT Active Thermal™ principle 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, Silicon Valley,
Taipei, Prague, Bengaluru and Shanghai.