Integrated Module Collaboration NEXT Biometrics is collaborating with ACPL to develop an integrated module product combining biometric technology, presenting a sales opportunity for enhanced security solutions.

Expansion in China Securing a NOK 18 million purchase order from distributor XM Holder in China indicates a growing market presence and sales potential in the region for NEXT Biometrics.

Leadership Appointment The appointment of Ulf Ritsvall as CEO brings new leadership to drive strategic sales initiatives, potentially opening avenues for business growth and market expansion.

Financial Boost Receiving financing of $5.59 million in private placement and $1.69 million from a purchase order presents financial stability, enabling NEXT Biometrics to fortify operations and pursue new sales opportunities.

Strategic Partnership for Dual Authentication A partnership agreement with Paravision to offer face and fingerprint biometric solutions expands the product portfolio, catering to clients with diverse security needs, thereby creating avenues for increased sales engagement.