Oslo, Norway and Barcelona, Spain - [08-May-2024] - Zwipe A.S., a leading
innovator of biometric payment and identification technology, today announced
the appointment of PCB & Security Europe S.L., headquartered in Barcelona,
Spain, as its official distributor for Spain and Portugal. This strategic
partnership expands Zwipe's reach across Europe and positions the company to
capitalize on the growing demand for secure and convenient biometric access
solutions in the Iberian Peninsula.

PCB & Security Europe boasts a strong track record of supplying high-quality
electronic components and solutions to a diverse customer base across Spain and
Portugal. Their established network and expertise in access control systems make
them a perfect partner for Zwipe to introduce its innovative biometric
technology to a wider audience.

To fuel early adoption and facilitate seamless integration with existing
infrastructure, Zwipe has secured an initial order from PCB & Security Europe
for LEGIC advant® Biometric Cards.  This initial order will be used for pilot
programs with key LEGIC users in Spain, allowing them to experience the enhanced
security and user convenience offered by biometric access control firsthand.

"We are thrilled to welcome PCB & Security Europe as our distributor for Spain
and Portugal," says Robert Puskaric, CEO of Zwipe. "Their extensive experience
and strong relationships within the security industry make them an ideal partner
to drive the adoption of our biometric solutions in this important market. The
initial order of LEGIC advant® Biometric Cards underscores the significant
potential for biometric access control in Spain, and we look forward to
collaborating with PCB & Security Europe to deliver these advanced solutions to
a wider audience."

"We are excited to partner with Zwipe and bring their cutting-edge biometric
technology to Spain and Portugal," says Joan-Paul Udina, CEO of PCB & Security
Europe. "Biometric access control offers a secure and convenient solution for
businesses of all sizes, and we believe Zwipe's technology is ideally positioned
to meet the growing demand in this region.  The initial order for LEGIC advant®
Biometric Cards allows us to showcase the benefits of this technology to our
existing LEGIC user base and pave the way for broader adoption."

About Zwipe

Zwipe is a pioneer in biometric payment and identification technology. The
company's innovative solutions are designed to replace traditional PINs and
passwords with a secure, user-friendly fingerprint scan. Zwipe is committed to
making biometric authentication the new standard for secure and convenient
transactions.

About PCB & Security Europe

PCB & Security Europe understands the ever-changing landscape of the electronics
industry. In today's challenging environment, we help companies navigate rising
costs, limited vendor options, and fierce competition.

PCB & Security Europe is part of the group of DirectPCB that is a leading
supplier of electronic components and solutions in the Worldwide Electronics
Sector. The company offers a wide range of products and services, from printed
circuit board (PCB) manufacturing to technical support. DirectPCB  is committed
to providing its customers with the highest quality products and services at
competitive prices.

We maintain offices strategically located in Largo, Florida (USA), Shenzhen,
China and Barcelona, Spain (Europe) to offer global support.

Hugo Petit
Interim CFO and Head of IR
ir@zwipe.com