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NEXT Biometrics Enters Licensing Agreement With Neurotechnology

August 27, 2018

“The software license from Neurotechnology helps customers quickly tailor their products for specific requirements. In doing this, we’re enabling our them to bring their biometric solutions to market faster and placing more of our advanced sensor technology directly at the fingertips of end-users.” – Ritu Favre, CEO, NEXT Biometrics

NEXT Biometrics has licensed a fingerprint recognition algorithm from Neurotechnology, saying it will be offered to clients for integration into their own biometric products.NEXT Biometrics Enters Licensing Agreement With Neurotechnology

Called “FingerCell”, the algorithm will enable clients to import and export ISO-compliant biometric templates, and will also enable the on-card comparison of biometrics in mainstream operating systems and secure elements.

In a statement announcing the licensing agreement, Neurotechnology founder Algimantas Malickas explained that it allows NEXT Biometrics “to offer its customers the ability to customize products more quickly.” Malickas also emphasized the validation his company’s technology has received from independent testing, noting, “Our professional biometric algorithms have consistently received top rankings in the Minutiae Interoperability Exchange (MINEX) and other biometric technology evaluations.” The company’s fingerprint template generator, for example, attained the top ranking for interoperability in the National Institute of Standards and Technology’s MINEX III test earlier this year, in which it was also found to be the most accurate of all MINEX-compliant systems tested.

Offering further commentary on the agreement, NEXT Biometrics CEO Ritu Favre explained that in licensing and offering the Neurotechnology algorithm to customers, “we’re enabling our them to bring their biometric solutions to market faster and placing more of our advanced sensor technology directly at the fingertips of end-users.”

The licensing agreement comes at a heady time for NEXT Biometrics, which announced that it had received its first orders pertaining to India’s Aadhaar national ID program earlier this month, and that its partner Tactilis had begun shipping its biometric card technology about a week later.

(Originally posted on FindBiometrics)

Filed Under: Industry News Tagged With: Biometric, biometric algorithms, biometrics, fingerprint algorithms, Fingerprint biometrics, fingerprint recognition, intellectual property, licensing agreements, Neurotechnology, NEXT Biometrics

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