NOK 120 mill / $ 14.5 mill Private Placement

Oslo, October 9th 2015

The Board of Directors of NEXT Biometrics Group ASA ("NEXT" or the "Company") has on 8 October 2015 resolved to propose that an extraordinary general meeting resolves to issue 2,000,000 new shares (the "New Shares") in a private placement directed at Greenbridge Partners Ltd (the "Private Placement"). The subscription price in the Private Placement shall be NOK 60 per New Share. The proceeds from the Private Placement will be used to finance the Company's business plan and commercialisation of the Company's products.

Greenbridge Partners Ltd has at the same time entered into an agreement with Ecomnex Holding AS, a company wholly owned by board member Ngoc Minh Dinh, pursuant to which Greenbridge Partners Ltd will acquire 333,333 shares in the Company at a price of NOK 60 per share (the "Share Acquisition").

NEXT CEO Tore Etholm Idsøe comments: Greenbridge Partners Ltd is a privately held investment company founded by Melker Schörling and Ola Rollén who has a deep knowledge of our industry. Greenbridge Partners Ltd has undertaken a thorough process before making the investment decision. They share our long term perspectives on the industry in general and NEXT in particular, and we are glad to welcome Greenbridge Partners Ltd as a large shareholder.

Completion of the Private Placement and the Share Acquisition is conditional upon the extraordinary general meeting (the "EGM") in NEXT (i) approving the Private Placement and (ii) appointing one representative of Greenbridge Partners Ltd as a new member of the Board of Directors. The EGM will be held on or about 2 November. The Board of Directors has considered that the Private Placement is the best financing alternative available and that there are sufficient reasons to deviate from the shareholders' pre- emption right to subscribe for the New Shares. This is based particularly on the fact that no existing shareholders are participating in the Private Placement and that the subscription price is considerably above the current market price of the shares, as well as above average market price of the shares during the recent period. Furthermore, the Board of Directors is of the view that the Company is not required to conduct a repair issue in connection with the PrivatePlacement, and a repair issue will not be proposed.

Contact person:

Tore Etholm-Idsøe Chief Executive Officer Phone: +47 922 32 439 Email: tore.idsoe@nextbiometrics.com

About NEXT Biometrics: Enabled by its patented Active Thermal Principle, NEXT Biometrics offers high quality area fingerprint sensor at low prices. A wide range of products format including Smartphones, tablets, PC's, doors, time registration systems, payment terminals, flashdrives, USB-tokens, keyfobs 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. For more information about the company, please visit www.nextbiometrics.com.

About Greenbridge Partners Greenbridge Partners is a privately held investment company with a focus on technology in mature and emerging markets. Greenbridge Partners' strategy is to invest in a limited number of holdings combined with a long-term view. The ultimate objective is to develop its holdings to become number 1 or number 2 in respective industries This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.