Sanofi’s Efdoralprin Alfa Gains EMA Orphan Status for Rare Lung Disease 
noyb Files GDPR Complaints Against TikTok, Grindr, and AppsFlyer Over Alleged Illegal Data Tracking. 
Apple Explores India for iPhone Chip Assembly as Manufacturing Push Accelerates 
ANZ New CEO Forgoes Bonus After Shareholders Reject Executive Pay Report 
Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy 
MetaX IPO Soars as China’s AI Chip Stocks Ignite Investor Frenzy 
LG Energy Solution Shares Slide After Ford Cancels EV Battery Supply Deal 
Republicans Raise National Security Concerns Over Intel’s Testing of China-Linked Chipmaking Tools 
Micron Technology Forecasts Surge in Revenue and Earnings on AI-Driven Memory Demand 
OpenAI Explores Massive Funding Round at $750 Billion Valuation 
Treasury Wine Estates Shares Plunge on Earnings Warning Amid U.S. and China Weakness 
Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz 
Elliott Management Takes $1 Billion Stake in Lululemon, Pushes for Leadership Change 
Harris Associates Open to Revised Paramount Skydance Bid for Warner Bros Discovery 
Volaris and Viva Agree to Merge, Creating Mexico’s Largest Low-Cost Airline Group 
Citi Appoints Ryan Ellis as Head of Markets Sales for Australia and New Zealand 
Shell M&A Chief Exits After BP Takeover Proposal Rejected 
OSLO, Norway, Aug. 22, 2017 -- NEXT Biometrics Group ASA (NEXT.OAX) and Arrow Electronics, Inc. today announced that they have entered into a global distribution agreement for Arrow to sell NEXT fingerprint authentication technology.
Through the agreement, NEXT said Arrow will be able to sell NEXT products to its wide base of customers targeting applications including Internet Of Things and access control as well as personal authentication devices such as tokens, key fobs and other innovative applications. A range of reference designs and SDK solutions (software development kit) is being launched by NEXT Biometrics for mainstream embedded platforms such as Cortex M4 and ARM7/8/9 microprocessors running Android and Linux to streamline product integration.
"NEXT Biometrics has established itself as a leader for high performance, cost efficient fingerprint authentication,” said Matthias Hutter, Vice President Product Management and Supplier Marketing, Arrow EMEA. “We are excited to offer their solutions to enhance the products to our broad customer base."
“Signing the agreement with Arrow is an important milestone for NEXT,” said Ritu Favre, CEO at NEXT Biometrics. “NEXT will be able to leverage Arrow’s world-class sales and field applications engineering coupled with the company's broad customer reach and relationships. We are excited to scale and grow our business for large cost-efficient fingerprint sensors for the access control market.”
ABOUT Arrow Electronics:
Arrow Electronics (www.arrow.com) is a global provider of products, services and solutions to industrial and commercial users of electronic components and enterprise computing solutions.
Arrow serves as a supply channel partner for more than 125,000 original equipment manufacturers, contract manufacturers and commercial customers through a global network of more than 465 locations serving over 90 countries.
ABOUT NEXT Biometrics:
Enabled by its patented NEXT Active Thermal principle, NEXT Biometrics (www.NextBiometrics.com) offers high quality area fingerprint sensors at a fraction of the prices of comparable competitors. A wide range of product formats, including smartcards, notebooks, time & attendance, usb-sensors, smartcard readers, secure tokens and access control systems and many more are targeted.
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), [email protected] and Knut Stålen (CFO), [email protected].
Contact: Brian Dobson, DobsonPR.com, [email protected] 203-613-2222
