NEXT accelerates growth ambitions in China, via partnership with WISER Group

Oslo, January 31, 2023 - NEXT Biometrics (Oslo Bors: NEXT) announces that it has
signed a strategic partnership agreement with WISER Group Holdings Limited,
Guangzhou, China. WISER will be NEXT's market entry partner in China, starting
from February 1st, 2023.

WISER Group will set up a virtual sales and marketing organization representing
NEXT and be physically present in China, accelerating market entry into NEXT's
already communicated market segments. NEXT will provide technical sales support
from its offices in China and Taiwan. WISER will already from start provide
multiple resources with seniority and biometric expertise. Certain priorities
and milestones are agreed, including number of design wins and revenue
expectations. NEXT expects revenue growth resulting from this partnership before
year-end 2023.

WISER is a China based venture partner with a long history of assisting Nordic
and European companies with market entry in China. They have an experienced team
and have been engaged with several success cases during the last 10+ years. One
example is a food-tech company, a public traded Swedish technology company,
which has entered China successfully via a joint venture with WISER.
 
"This partnership is a cost-effective way for NEXT to increase its presence in
one of the world's largest biometric markets. WISER has a proven track record
enabling European tech companies to succeed in China. When certain success
criteria are met there is a potential for even closer collaboration between
WISER and NEXT." says the CEO of WISER Group, Kevin Chen.

"The Chinese market requires additional attention from NEXT. After review of
several partners, we have selected WISER as market entry partner. By quickly
adding resources to our global sales team, we believe this will accelerate NEXTs
revenue growth during second half of 2023.", says the CEO of NEXT, Peter Heuman.

This information is subject to the disclosure requirements pursuant to Article
19 of the EU Market Abuse Regulation and section 5-12 of the Norwegian
Securities Trading Act.

NEXT Investor contact:
Peter Heuman, [e-mail]
Eirik Underthun, [e-mail]

About NEXT Biometrics
NEXT provides advanced fingerprint sensor technology that delivers uncompromised
security and accuracy for the best possible user experience in the smart card,
government ID, access control, and notebook markets. The company's patented NEXT
Active Thermal principle allows the development of large, high-quality
fingerprint sensors in both rigid and flexible formats. NEXT Biometrics Group
ASA (www.nextbiometrics.com) is headquartered in Oslo, with sales, support, and
research and development in Seattle, Taipei, Bangalore, New Delhi, Tokyo, Dubai,
and Shanghai.

About Wiser 
WISER is a China-based market entry, equity advisor and venture partner with a
mission to help technology driven companies accelerate global expansion and
raise equity value via creating major commercial success in China & Asia.

This stock exchange announcement was published by Eirik Underthun, CFO at NEXT
Biometrics Group ASA, on January 31, 2023 at 10:55 CET.

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