NEXT Biometrics and MTRIX Sign Distribution Agreement

NURNBERG, Germany, Oct.10, 2017(GLOBE NEWSWIRE) -- NEXT Biometrics Group ASA (Oslo Bors:NEXT), the global fingerprint sensor firm, announced that NEXT and MTRIX GmbH, a leading German distributor of biometric authentication solutions, signed a distribution agreement covering Germany, Austria and Switzerland.MTRIX will sell the NEXT line of USB fingerprint peripherals (named Oyster and Scallop) to its wide base of customers and partners targeting banking, insurance, point-of-sale and healthcare markets, it said.

"NEXT Biometrics has established itself as a leader in high performance, cost efficient fingerprint authentication. We are excited to be able to offer NEXT solutions for our broad customer base," said Malte Kahrs, CEO of MTRIX GmbH.

NEXT Biometrics CEO Ritu Favre said, "By this agreement, NEXT will be able to leverage MTRIX's long-standing reputation as an authentication solution expert in the region.We are excited to scale and grow our business of USB fingerprint scanners offered to MTRIX's established range of quality customers."

The companies are jointly exhibiting at the IT SA exhibition in Nurnberg, Germany, taking place October 10-12, 2017, and are showcasing NEXT's latest fingerprint authentication peripheral "Scallop" at Booth 10.0-311 in Hall 10.

ABOUT MTRIX:MTRIX is the leading specialist in strong authentication within the German-speaking region. The company supports its customers with selecting, implementing and operating multi-factor authentication solutions. Founded in 2006, MTRIX has established a wide portfolio within the past 11 years and represents various market leaders.

MTRIX counts companies of every size and industry among its widespread list of customers - from SME's to corporate groups, from banks and insurance companies to automotive suppliers, medical centers, education institutes and public administrations to IT service providers and system integrators.

ABOUT NEXT Biometrics:Enabled by its patented NEXT Active Thermal principle, NEXT Biometrics (www.nextbiometrics.com) offers large high-quality area fingerprint sensors in both rigid and flexible formats. The sensors can be implemented in a wide range of product formats, including smart cards, governments ID, notebooks, tablets, access control, wearables, payment terminals, tokens, key fobs and many more.

NEXT BIOMETRICS 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), Ritu.Favre@nextbiometrics.com and Knut St??len (CFO), Knut.Stalen@nextbiometrics.com.

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