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|rekon this one may go up, considering bigger peer company intercede (igp) is up 16% today (better niche sentiment etc)|
|certainy volatile ...
bit stupid to go down 34% when peers like igp keep on climbing....|
|identity management firms doing well of late
look at igp (has doubled in the last 2 months)|
|From last RNS:
� Revenue GBP0.22m (2009: GBP0.28m)
� Gross profit of GBP0.12m (2009: gross loss of GBP0.08m)
� Loss before tax decreased by 44.3% to GBP0.84m (2009: GBP1.51m)
� Continued investment into research and development
� Strengthened sales team through a number of key appointments|
|BgenuineTec pre-tax losses down 44.3%
BgenuineTec (AIM:BGTI), the biometrics business specialising in fingerprint
authentication, announces its interim results for the six months ended 30 June
2010. BgenuineTec is based in Tokyo, and is the only Japanese company listed on AIM.
BgenuineTec Inc. as a pioneer in the biometric market has been making its utmost effort for developing fingerprint authentication technologies. The business objective of BgenuineTec Inc. is supply of highly reliable fingerprint authentication products as a personal identification method to support safety and responsibility of the cyber society through relentless research and development. BgenuineTec Inc. is supplying products based on its original fingerprint authentication technology and is developing solutions to comply with the market requirements.
BgenuineTec Inc. as a leader of the industry is supplying personal identification technologies to various markets, having the world highest level algorisms, chips and modules originally developed by its parent organizations, Technoimagia Co. Ltd. and Beyond LSI Inc. who had spent several million dollars and more than 11 years.
The technical level of BgenuineTec Inc. has been proven by being selected as one of the final 15 companies in accuracy evaluation by NIST (National Institute of Standard Technology).
BgenuineTec Inc. spends most of its time for developing fingerprint authentication modules as well as fingerprint authentication algorithms, fingerprint authentication chips, USB keys, fingerprint authentication for IC cards, etc. BgenuineTec Inc. has been successful in supplying a fingerprint authentication system for mobile phone models for the first time in the world and is supplying solutions that meet market requirements through cooperation with suppliers in various markets such as Note PC, PC/Network Security, Door Interlock, Time Information and Entry System, Safes, Internet/Intranet Authentication Servers, etc.
BgenuineTec Inc. will maintain its global leadership by continued development of world highest level technologies and solutions to satisfy market needs through cooperation with its global business partners.
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