AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock 
Oracle Plans $45–$50 Billion Funding Push in 2026 to Expand Cloud and AI Infrastructure 
Palantir Stock Jumps After Strong Q4 Earnings Beat and Upbeat 2026 Revenue Forecast 
SpaceX Reports $8 Billion Profit as IPO Plans and Starlink Growth Fuel Valuation Buzz 
Boeing Secures New Labor Contract With Former Spirit AeroSystems Employees 
SpaceX Updates Starlink Privacy Policy to Allow AI Training as xAI Merger Talks and IPO Loom 
Elon Musk’s Empire: SpaceX, Tesla, and xAI Merger Talks Spark Investor Debate 
Anthropic Eyes $350 Billion Valuation as AI Funding and Share Sale Accelerate 
CK Hutchison Unit Launches Arbitration Against Panama Over Port Concessions Ruling 
Elon Musk’s SpaceX Acquires xAI in Historic Deal Uniting Space and Artificial Intelligence 
Sam Altman Reaffirms OpenAI’s Long-Term Commitment to NVIDIA Amid Chip Report 
Ford and Geely Explore Strategic Manufacturing Partnership in Europe 
Boeing Signals Progress on Delayed 777X Program With Planned April First Flight 
Novo Nordisk Warns of Profit Decline as Wegovy Faces U.S. Price Pressure and Rising Competition 
SoftBank and Intel Partner to Develop Next-Generation Memory Chips for AI Data Centers 
Using the Economic Calendar to Reduce Surprise Driven Losses in Forex 
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
