NEXT Biometrics to Focus on Biometric Smart Cards in Q4 Update/Capital Markets Day

NEXT Biometrics has set a date for its Q4 update, and has announced that it will coincide with a ‘Capital Markets Day’ event focused on raising investment. All interested parties are invited to tune in March 1st via a live feed online, or in person at Høyres Hus, Stortingsgaten 20, in Oslo.

The corporate update should recount an eventful quarter, with NEXT Biometrics having launched its Oyster II fingerprint reader in November, and seen its fingerprint scanning technology shipped in a new biometric smart card from Tactilis.

The topic of biometric cards should prove to be a key one in both the corporate update and NEXT Biometrics’ pitch to investors. The company predicted in its Q3 report that it expected its flexible fingerprint sensor solutions to help deliver a positive gross margin in Q1 of this year, so the company is likely on the cusp of that milestone. And a brief agenda for the March 1st event features a half-hour “Biometrics smart card overview” that will feature Marc Muller, Tactilis’ Director of Technology.

Other items on the agenda include a “Technology overview & roadmap”, product demos, and, to kick things off, the Q4 update, presented by CEO Ritu Favre and CFO Knut Stålen. The executives will also participate along with two other members of the management team in a Q&A toward the end of the event.