Oslo, Norway - December 4, 2024 - NEXT Biometrics (OSE: NEXT) announces that one
of its Indian Partners has successfully completed a highly demanding 5000 FRR
(False Rejection Rate) test, which is an important milestone in the Aadhaar
UIDAI L1 approval process. All testing has now been done and the partner expects
to receive the L1 certificate in December or latest early Q1 2025. 

The 5000 FRR activity is an industry standard which measures and certifies the
on-field performance of biometric systems, and in order to achieve it, the
system must first undergo very rigorous testing. NEXT is currently the only
fingerprint sensor company to have supported two different OEMs through their
certification with the use of the same flagship sensor in the 5000 FRR test.

Completing the 5000 FRR certification is a mandatory and significant step for
companies aiming for their devices to become L1 certified and compliant within
Aadhaar, India's biometric and digital ID services program. The system's
accuracy, performance and security are tested to ensure the system correctly
identifies and authenticate users, works swiftly and that it can also withstand
various types of attacks and manipulations. 

The Indian OEM Partner is mainly manufacturing Point of Sales devices for the
banking industry. The market for L1 products is increasing due to the ongoing
generational and security upgrade of Aadhaar, and it has been estimated that
roughly 4.5 million L0 certified devices need to be replaced by L1 certified
devices during the next few years. 

Digvijay Singh Kanwar, Senior Vice President and Head of Sales India, US, Africa
and EU (IUAE) at NEXT expressed his delight: 
"We are thrilled to congratulate our Indian Partner on successfully
participating in the 5000 FRR Certification. Our Partner has just demonstrated
that its device is indeed capable of the demanding task of going through a
minimum of 5000 biometric on-field validation processes within only three days
and successfully passing the certification with good margins. 

False Rejection Rate, FRR, is an indication of how often a biometric system
incorrectly rejects an authorized user. Hence, a low FRR is desirable as it
means the system is more user-friendly and less likely to cause frustration for
legitimate users. NEXT has supported its Indian Partner through its
certification process by providing one of its Active Thermal® flagship
fingerprint sensors, the FAP20. 

Mr. Kanwar continues:
"Compared to competing sensor technologies, thermal sensors are simply much
better at detecting liveness in a finger. This is due to their ability to
measure the natural heat patterns and thermic conductivity, which are unique to
living tissue and makes it harder for fake fingers or spoofing attempts to
bypass the system. 

For more information, please contact:
Ulf Ritsvall, CEO, NEXT
ulf.ritsvall@nextbiometrics.com

Eirik Underthun, CFO, NEXT
eirik.underthun@nextbiometrics.com

About NEXT Biometrics
NEXT provides advanced fingerprint sensor technology that delivers uncompromised
security and accuracy for the best possible user experience in the payment and
fintech, government ID, access control and office and notebook markets. The
company's patented NEXT Active Thermal ® principle allows the development of
large, high-quality fingerprint sensors with superior security level. NEXT
Biometrics Group ASA is headquartered in Oslo, with sales, support, and
development operations in Seattle, Taipei, Tokyo, New Delhi and Shanghai.