OSLO, Norway, Oct. 26, 2017 (GLOBE NEWSWIRE) — NEXT Biometrics (Oslo Bors:NEXT) announced it won the 2017 European Enabling Technology Leadership Award for its fingerprint sensors at the Annual Best Practices Awards of Frost & Sullivan, the global research firm.
In recognizing NEXT, Frost & Sullivan noted NEXT’s “innovative technology, strong overall strategy, and competitive production advantage.” It added NEXT “is poised to grab significant market share with advantageous pricing, without sacrificing convenience and security of the sensors.”
NEXT CEO Ritu Favre said, “We are honored that the technology leadership award recognizes the superiority of NEXT’s large cost-effective and highly-secure flexible and rigid fingerprint sensors.” NEXT Product Director Dr. Robert Mueller added, “The technology and support teams at NEXT worked diligently and are humbled and proud to receive such recognition.”
Frost & Sullivan noted NEXT’s ability to “deliver quality sensors at an impressive cost advantage. As large area sensors become essential security measures across a growing number of industry segments and consumer applications, demand is increasing and driving innovation in the space. NEXT offers the first fully flexible fingerprint area sensor for smart cards and the first commercial fingerprint sensor produced in low-temperature poly-silicon (LTPS) process.”
The research firm explained, “As opposed to capacitive sensors, NEXT’s sensors work on the principle of thermal conductivity. While capacitive sensors require numerous complex transistor and capacitor components within each pixel, NEXT’s patented pixel design is an elegantly simple resistor and diode which map the heat signature of the fingerprint.”
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, PCs, 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 (traded on Oslo Bors: NEXT) and with sales, support and development subsidiaries in Seattle, Silicon Valley, Taipei, Prague and Shanghai. Media and Investor contacts for NEXT Biometrics are CEO Ritu Favre at Ritu.Favre@NEXTbiometrics.com and CFO Knut Stalen at Knut.Stalen@NEXTbiometrics.com.
Brian Dobson, DobsonPR.com, BD@DobsonPR.com 203-613-2222