NEXT BIOMETRICS
NEXT BIOMETRICS
NEXT BIOMETRICS
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Investment case summaryFingerprint biometricsmarket set to take off• Firm trends backing convenient security solutions that eliminates passwords and pin codes• Industry leaders’ (Apple, Microsoft, PayPal) statements and actions all support fingerprintrecognition as the superseding technology – iPhone 5S launched 10 September 2013• Already large existing markets such as Physical Access Control• Significant growth from new markets such as mobile phone expected from 2014Proven technology withcredible mass marketreferences• <strong>NEXT</strong>’s proprietary and patented technology a result of more than 15 years of research• <strong>NEXT</strong> utilize area (touch) sensors, which are proven to be superior to the nowcommonly used swipe sensors• The size of <strong>NEXT</strong>’s sensor is defined in collaboration with major global leaders inpayments and public ID – providing the required level of securitySignificant costadvantage overcompetitors• Production cost currently significantly below competitors with area sensors due toproprietary and patented technology• Capital light with manufacturing, assembly and integration outsourced to industry leaders• Clear cost road map with highly achievable goal of reducing cost by a further 66%Unique investmentopportunity• Highly talented and experienced management team and Advisory Board• 2 industry record sized sales contracts with revenues from Q4 -2013 signed• Smartphone development project with major Asian mobile phone producer• Opportunity to come in at attractive pricing level – IPO planned in Q2-2014