NEXT Biometrics

Former Synaptics SVP is New CEO of NEXT Biometrics

Former Synaptics SVP is New CEO of NEXT Biometrics

“Meanwhile, Tore Etholm-Idsøe is staying on with NEXT as its new Chairman of the Board.” NEXT Biometrics has a new CEO. Ritu Favre, former Biometrics Products Division GM and SVP of Synaptics, is taking the helm from Tore Etholm-Idsøe, the company has announced. In a statement announcing the appointment, NEXT Biometrics Chair Brita Eilertsen emphasized Favre’s “extensive…

NEXT Biometrics Aiming to Get Flexible Sensor Into Mass Production in Q2

NEXT Biometrics Aiming to Get Flexible Sensor Into Mass Production in Q2

In his annual New Year’s letter to investors, NEXT Biometrics CEO Tore Etholm-Idsoe is anticipating considerable growth in the smart card market, which he says “represents almost endless opportunities”. Etholm-Idsoe points out that NEXT’s flexible fingerprint sensor, which is intended for smart cards, is now in prototype form, with the company working with partner Innolux…

Smart Cards Emerging as Key Topic at Trustech 2016

Smart Cards Emerging as Key Topic at Trustech 2016

The Trustech 2016 expo is next week, and biometric smart cards are emerging as a potential standout topic during the event. Earlier this week, NEXT Biometrics announced plans to show off its flexible biometric smart card technology at the digital security event, and it was only a couple of days later that IDEX followed suit…

NEXT Biometrics CEO Predicts 2017 ‘Leap in Margins’ in Q3 Update

NEXT Biometrics CEO Predicts 2017 ‘Leap in Margins’ in Q3 Update

“In a statement announcing the results, NEXT Biometrics CEO Tore Etholm Idsøe focused on the company’s efforts in the smart card market, and its potential payoffs to come in 2017.” NEXT Biometrics has announced its Q3 results for 2016. The quarter ended September 30th saw sales of 28.4 million NOK, up from 26.6 million NOK in…

NEXT Biometrics Wins Third Order for Flexible Smart Card Sensors

NEXT Biometrics Wins Third Order for Flexible Smart Card Sensors

“One hundred fifty thousand sensors will start shipping to the client in the latter half of next year, with plans to add another 200,000 after that.” NEXT Biometrics has scored another design win for its flexible fingerprint sensors designed for smart cards. In announcing the new order, NEXT Biometrics did not disclose the name of…

NEXT Biometrics to Show Off Smart Card Tech at Trustech

NEXT Biometrics to Show Off Smart Card Tech at Trustech

NEXT Biometrics is going to take the opportunity of the upcoming Trustech 2016 conference to show off its biometric smart card technology, the company has announced. Smart cards have been a strategic focus of the biometrics company for about a year now, with NEXT Biometrics now working with Taiwan-based Innolux to build up its production…

NEXT Biometrics Wins Government Smart Card Order

NEXT Biometrics Wins Government Smart Card Order

“It’s a considerable win for NEXT Biometrics given the increasing competition in the smart card sector from other fingerprint sensor makers.” NEXT Biometrics has received a major order for fingerprint sensors for smart cards to be used in a government application, the company has announced. The order is for 250,000 sensors, and while the client…

NEXT Biometrics Offers Peek at Q3 Results

NEXT Biometrics Offers Peek at Q3 Results

NEXT Biometrics has offered a glimpse of its Q3 results at the company’s ‘Capital Markets Day’ presentation. Company officials indicated that over the quarter NEXT has seen sales of $28.4 million NOK, an increase against its revenues of 26.6 million NOK in Q2. That has brought revenues for the year to date to 60.2 million NOK. Nevertheless,…

Acquisitions Could Help Accelerate Growth: FPC CEO

Acquisitions Could Help Accelerate Growth: FPC CEO

The new CEO of Fingerprint Cards is publicly mulling over the idea of acquisitions to help accelerate the company’s expansion beyond the mobile biometrics market, and it’s prompting some market speculation, reports Bloomberg. Such a move would make sense. The replacement of former CEO Jörgen Lantto with Christian Fredrikson, who took the helm last month, was largely…

$4M Equipment to Boost NEXT’s Flexible Sensor Production

$4M Equipment to Boost NEXT’s Flexible Sensor Production

NEXT Biometrics has acquired some powerful new production equipment. The company has announced that it was acquired a high capacity coating machine and a precision laser cutter, representing a $4 million investment. They’re part of the company’s push to get its flexible fingerprint sensors to market, with the laser cutter enabling the company to produce…

NEXT Ready to Attack Smart Card Market After Q2 Transition

NEXT Ready to Attack Smart Card Market After Q2 Transition

NEXT Biometrics has announced its results for the second quarter of this year. Operating revenues were way up, at NOK 26.6 million, compared to NOK 5.1 million in Q1 and NOK 0.3 million in Q2 of 2015. NEXT attributes the growth primarily to increases in its fingerprint sensor shipments. Despite the jump in revenues, NEXT…

TFT-LCD Panel Maker To Help NEXT With Flexible Sensor Production

TFT-LCD Panel Maker To Help NEXT With Flexible Sensor Production

NEXT Biometrics is pushing hard on its flexible fingerprint sensor project, and has teamed up with a major TFT-LCD panel maker to get it to market. Taipei-based Innolux has agreed to jointly invest in building a mass production apparatus for the technology with NEXT. The companies have already had a working relationship for many years,…

NEXT Biometrics’ Latest Sensors Aimed at Smart Card Market

NEXT Biometrics’ Latest Sensors Aimed at Smart Card Market

NEXT Biometrics has announced the introduction of a new generation of fingerprint sensors that are aimed specifically at scoring the company a leading position in the much sought after smart card market. As with all of NEXT’s sensor products, the latest full sized fingerprint sensors are low powered and low cost, making them ideal for…

NEXT Biometrics Issues Q1 Report, 2016 Outlook

NEXT Biometrics Issues Q1 Report, 2016 Outlook

NEXT Biometrics has announced its Q1 results and its outlook for 2016. For the quarter ended March 31st, the company saw increased operating revenues, at NOK 5.2 million compared to NOK 1.7 million in Q4 of 2015 and NOK 2.4 million in Q1 of 2015. Expenses were up as well, however, and the net result…

NEXT Biometrics Receives Major Smart Card Order

NEXT Biometrics Receives Major Smart Card Order

NEXT Biometrics has attained ISO/IEC 17839 standard compliance for its smart card technology, and has received its first major order for biometric smart cards, the company has announced. The undisclosed buyer’s initial order is valued at about $1.46 million, with the products slated to ship in the third quarter of this year. NEXT Biometrics has not revealed…

NEXT CEO Highlights Advantages of Fingerprint Biometrics on NPR’s Here & Now

NEXT CEO Highlights Advantages of Fingerprint Biometrics on NPR’s Here & Now

NEXT Biometrics—and the biometrics industry in general—got some high-profile publicity last month when the company’s CEO appeared for an interview on NPR staple Here & Now. Speaking to NPR’s Jeremy Hobson, NEXT’s Tore Etholm-Idsøe explained that “[f]ingerprint sensors will now start appearing in a lot of different contexts,” pointing to applications in residential access control, key fobs, and…

News Roundup: Mobile Biometrics in Barcelona

News Roundup: Mobile Biometrics in Barcelona

Last week marked Mobile World Congress in Barcelona, where FindBiometrics and Mobile ID World brought you live coverage form the major mobile industry event. MWC is massive, and since last year when we first reported from the show, biometrics technology has taken Mobile World Congress by storm. Last week wasn’t only about Barcelona, however, and we…

NEXT Biometrics, Arrow Electronics Offer Authentication Solution for Windows 10 IoT Devices

NEXT Biometrics, Arrow Electronics Offer Authentication Solution for Windows 10 IoT Devices

“Arrow Electronics has a strong business network that could prove advantageous in funneling NEXT Biometrics technology to over 100,000 OEMs.” A new partnership could offer NEXT Biometrics a powerful connection to the potentially lucrative Internet of Things market. The company has teamed up with Arrow Electronics to offer a turnkey biometric solution for IoT devices running…

New NEXT Sensor Module Features Embedded Processor

New NEXT Sensor Module Features Embedded Processor

NEXT Biometrics has announced a new fingerprint sensor module featuring an embedded processor, calling it the first of its kind. It’s called the NB-1411-S, and the company says it offers a wide range of potential applications in mass market products, from door locks to remote controls. Commenting on the new offering in a press release,…

NEXT Issues Q4, 2015 Results, Maintains Smart Card Focus

NEXT Issues Q4, 2015 Results, Maintains Smart Card Focus

NEXT Biometrics has announced its Q4 and year-end results for 2015. Operating revenue for the quarter came in at NOK 1.7 million, compared to NOK 4.4 million in Q4 of 2014; and for the full year it reached NOK 4.6 million, against NOK 6.3 million in 2014. The company saw a net loss of NOK…

INTERVIEW: Tore Etholm-Idsøe, CEO, NEXT Biometrics

INTERVIEW: Tore Etholm-Idsøe, CEO, NEXT Biometrics

FindBiometrics President Peter O’Neill recently had a chance to speak with Tore Etholm-Idsøe, CEO of NEXT Biometrics. The conversation begins with talk of how NEXT is planning to capitalize on the smart card market in 2016. It then goes on to deal with Greenbridge Partners’ recent investment in the company, the advantages NEXT brings to the…

NEXT Biometrics To Focus on Smart Card Market in 2016

NEXT Biometrics To Focus on Smart Card Market in 2016

NEXT Biometrics has issued an update for the second half of 2015, looking ahead to the new year. In a letter to investors, company CEO Tore Etholm-Idsoe indicated that NEXT will be focusing on the smart card market in 2016, where there is a demand for cost-effective and reliable fingerprint sensors. The letter also detailed…

NEXT Biometrics to Make Bors Debut Next Week

NEXT Biometrics to Make Bors Debut Next Week

NEXT Biometrics‘  application to graduate to Norway’s main stock exchange has been approved, and the company is set to make its debut on the Bors on December 17th. Having started out on Oslo Axess, a regulated market designed to foster growth for startups, its move to the Bors signals a certain level of maturity on…

NEXT Poised To Capitalize on Trends

NEXT Poised To Capitalize on Trends

NEXT Biometrics has issued its Q3 fiscal results. In a statement detailing the results, NEXT CEO Tore Etholm-Idsoe highlighted numerous business developments over not just Q3 but the year to date, and that the company has “adequate equity and liquidity to support operations for more than 12 months from the date of this report.” The…

News Roundup: A Week Of Major Innovation

News Roundup: A Week Of Major Innovation

Last week at FindBiometrics, Financial Biometrics Month continued in the featured articles section while major news about the FIDO Alliance, Apple Pay and upgraded products made up the top stories. Here is a look back on the week that was: Financial Biometrics Month As Financial Biometrics Month continued through week three of November, we took…

SesameTouch “My Digital Life Companion” Sports NEXT’s Biometrics

SesameTouch “My Digital Life Companion” Sports NEXT’s Biometrics

NEXT Biometrics technology has been integrated into an innovative personal digital security solution. Called the SesameTouch “My Digital Life Companion”, the device has been developed by Trust Designer SAS. It’s a small, portable device designed to connect with personal devices like smartphones and tablets, adding fingerprint authentication as a means of access control. That biometric…

News Roundup: Biometrics In Banking

News Roundup: Biometrics In Banking

This past week at FindBiometrics: Financial Biometrics Month continued as we examined the benefits of biometric banking and released new videos from the recent Money20/20 conference. In the news we saw novelty, innovation and diversity when reporting on new products and integrations, while Q3 2015 reports kept trickling in. Here is a look back on…

NEXT Applies to Transfer Shares to Main Stock Market

NEXT Applies to Transfer Shares to Main Stock Market

NEXT Biometrics has applied to transfer its shares from Oslo Axess to the Oslo Stock Exchange main list, the company has announced. It’s a sign of confidence and growth on company’s part. Oslo Axess is a regulated stock market designed to promote growth for smaller, pre-market companies; transferring shares to Norway’s main stock market, then,…

NEXT Biometrics to Demonstrate Fingerprint Sensor Integrations at Cartes 2015

NEXT Biometrics to Demonstrate Fingerprint Sensor Integrations at Cartes 2015

NEXT Biometrics plans to show off its latest technology at the upcoming Cartes Secure Connexions event in Paris. The event will take place November 17th to 19th, and NEXT will be at Booth K-053. In a statement, NEXT CEO Tore Etholm-Idsoe suggested that the company plans to demonstrate integrations of its sensors in “products targeting payments,…

NEXT Biometrics Signs Spanish Distributor

NEXT Biometrics Signs Spanish Distributor

NEXT Biometrics has signed up a new regional distributor. Intuate S.L. will distribute the company’s biometric products in Spain under the brand name Intuate Biometrics. It’s part of a larger strategy anticipating major business growth, according to NEXT CEO Tore Etholm-Idsoe. In a press release announcing the partnership, he explained that the company “will be launching…

2016 Dell Products to Feature NEXT Fingerprint Sensors

2016 Dell Products to Feature NEXT Fingerprint Sensors

A number of upcoming Dell products are going to feature NEXT Biometrics fingerprint scanners. According to NEXT, the devices are slated for release next year and include notebooks, tablets, and rugged products. Dell’s move to integrate fingerprint sensors into its major hardware products may reflect a broader shift underway in the consumer electronics industry. Microsoft…

News Roundup: Next Gen Mobile Identity

News Roundup: Next Gen Mobile Identity

Last week at FindBiometrics we kicked off Mobile Identity Month, in which we will be taking a focused look at the latest thinking and news in mobile biometrics technology. Iris, fingerprint and vascular biometrics technology made up the bulk of the news while we also reported on biometric elections, law enforcement and financial deployments. Here…

Major Investment Firm Seeks Purchase of 2M Shares in NEXT Biometrics

Major Investment Firm Seeks Purchase of 2M Shares in NEXT Biometrics

Norway-based NEXT Biometrics is working on a huge investment deal, and expects success. The company has attracted the interest of Greenbridge Partners, a major Swedish investment firm run by Melker Schorling and Ola Rollen. According to Reuters, the two investors already have investment interests in related areas. Schorling’s own firm, Melker Schorling AB, owns shares in…

NEXT Biometrics Introduces New Ultra-Thin Sensors

NEXT Biometrics Introduces New Ultra-Thin Sensors

Today, NEXT Biometrics introduced a new line of ultra-thin fingerprint sensor designs. The new sensors will forego the large bezels and metal frames used in NEXT’s first generation sensors. The company aims to cater to the booming mobile device market, in which design space is a premium. With the removal of the bezel, NEXT asserts…

News Roundup: A Big Week For Fingerprints

News Roundup: A Big Week For Fingerprints

Last week at FindBiometrics we continued our month long focus on biometric technology in schools while the industry news contained an abundance of important fingerprint recognition items and big headlines concerning law enforcement. Here’s a look back on last week’s top identity management news stories. Law Enforcement The FBI’s Rap Back system – a major…

iWallet Password Uses NEXT Biometrics’ Sensor

iWallet Password Uses NEXT Biometrics’ Sensor

iWallet’s new partnership with NEXT Biometrics is already bearing fruit, with a new device resulting from the companies’ collaboration. Called the iWallet Password, it’s a peripheral USB fingerprint reader based on NEXT Biometrics’ NB-3010-U sensor. It’s a bit of a new direction for iWallet, whose products revolve around wallets and passport holders featuring advanced digital security…

News Roundup: Education, Voter ID, Fingerprints

News Roundup: Education, Voter ID, Fingerprints

Last week at FindBiometrics we continued our featured focus on biometrics in education while the industry news was filled with fingerprints, voter ID, access control and impressive Q2 financial updates. Here is a look back on the week in identity management: Education As students in North America prepare to head back to school, we at…

iWallet Strategically Aligns With NEXT Biometrics

iWallet Strategically Aligns With NEXT Biometrics

iWallet is delving deeper into biometric authentication solutions with a new partnership. The company has announced it is teaming up with NEXT Biometrics to integrate the latter’s fingerprint sensors into its products. iWallet is, of course, the company behind the iWallet product as well as the iPassport. The products are essentially wallets and passport holders,…

NEXT Biometrics Receives Follow-up Order from US Client

NEXT Biometrics Receives Follow-up Order from US Client

NEXT Biometrics has received a follow-up order from its new US client, for which it will ship 5000 fingerprint sensors. The company says it’s part of a multi-year commitment that should ultimately see about 100,000 sensors shipped. The company first announced its new client at the start of this month with an order valued at…

News Roundup: Education, Facial Recognition, Innovation

News Roundup: Education, Facial Recognition, Innovation

Last week at FindBiometrics we began our featured look at biometrics in education while facial recognition was the modality that made the most headlines. That was partially thanks to some continued industry controversy, which we covered as consumer and government applications rounded out the news. Education and Identity August marks the start of back to…

NEXT Biometrics Receives Major New Order

NEXT Biometrics Receives Major New Order

NEXT Biometrics has announced a major new order valued at 820,000 NOK. While the company has not yet released details about its client’s name and the technology in which it will be used, it has indicated that the order will be delivered over the course of the third and fourth quarters of the year, and is headed…

News Roundup: Smartphones and Fingerprints

News Roundup: Smartphones and Fingerprints

Last week at FindBiometrics we began our featured examination of invisible biometrics while smartphones and fingerprint sensors dominated the industry news. The headlines were rounded out with biometric commerce news, voice recognition innovation from Sensory, and government biometrics. Here is a look at last week’s top stories: Smartphones and Fingerprints Fingerprint Cards made big waves…

NEXT Touts Strong Position in Fingerprint Sensor Market

NEXT Touts Strong Position in Fingerprint Sensor Market

NEXT Biometrics is touting its strong position in the fingerprint sensor market after a very strong first half to the year. While the company’s CEO, Tore Etholm-Idsøe, continues to credit much of its success to what he calls ‘the Apple effect‘ – that is, Apple’s popularization of smartphone-embedded fingerprint scanners via its iPhones’ Touch ID…

NEXT Scores Major Distributor in Asia

NEXT Scores Major Distributor in Asia

NEXT Biometrics has signed up another major distributor, the company has announced. WPG Korea has been welcomed to the fold as a distributor in Asia. It’s a good catch. In a press release, NEXT Biometrics asserted that WPG Holdings, of which WPG Korea is a member, is “the world’s #1 semiconductor distributor and the largest electronics…

NEXT Biometrics Aims at India With AqTronics

NEXT Biometrics Aims at India With AqTronics

NEXT Biometrics continues to make headway in its efforts to expand its market reach. The company announced today that it has found a distributor in the Indian market, via AqTronics Technologies. In announcing the new partnership, NEXT Biometrics CEO Tore Etholm-Idsøe pointed to AqTronics’ experience and track record as the main draws appealing to his company,…

New NEXT Biometrics Modules Boost May Sales

New NEXT Biometrics Modules Boost May Sales

NEXT Biometrics says it received a number of order in May for its new fingerprint sensor modules. The orders came from clients in a number of regions: Europe, Asia, and the US. The modules ordered were NB-3010, NB-2020, and NB-1011. All of these are based on the same sensor, but have been fitted to specialize in…

NEXT Posts Q1 Results, Remains Optimistic

NEXT Posts Q1 Results, Remains Optimistic

NEXT Biometrics has announced its Q1 results for 2015. Despite posting overall losses for the quarter, the company sees positive trends in its business operations, and remains optimistic in its outlook. At first glance, the numbers look disappointing. Despite bringing in a net income of NOK 2.6 million, NEXT posted a net loss of NOK…

Big New Order Boosts NEXT Revenues

Big New Order Boosts NEXT Revenues

NEXT is able to reveal that the order is for 160,000 sensors, and that they’ll ship between September and October of this year. NEXT Biometrics has received a major new order for its fingerprint sensors. As part of the deal, the client must go unnamed, but NEXT is able to reveal that the order is…

News Roundup:Innovation and the Multimodal Future

News Roundup:Innovation and the Multimodal Future

Last week at FindBiometrics, while we continued to talk Time & Attendance in the featured articles section, the conversation in the news was focused on fingerprint scanning, border control and the multimodal future of the industry. Here are all the top stories you need to be prepared for what’s coming this week. Fingerprint Sensors and…

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