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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Bgenuinetec | LSE:BGTI | London | Ordinary Share | JP3420970000 | ORD NPV (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 5.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMBGTI RNS Number : 2044G BgenuineTec Inc. 27 January 2010 FOR IMMEDIATE RELEASE 27 January 2010 BgenuineTec Inc FUNDRAISING Further to the announcement on 29 December 2009, BgenuineTec Inc ("BgenuineTec" or the "Company") the Japanese developer of biometrics fingerprint authentication technology, announces that the plans to raise JPY 60 million (GBP416,727) through the issue of 10 million new ordinary shares at JPY 6 (4.17p) have been postponed while the company reviews certain strategic alliances and new funding arrangements. There is no certainty that that any alliance will proceed and that new funds will be raised. The Company will update shareholders in due course. Exchange Rate Used 1GBP:143.98 JPY For further information, please contact: BgenuineTec Inc Taketoshi Kashiwabara Japan +81-3-5652-0321 (Chairman) Toshiya Kurita Japan +81-3-5652-0321 (Chief Financial Controller) Charles Stanley Securities+44 (0) 20 7149 6000 Nominated Adviser Russell Cook / Freddy Crossley Cubitt Consulting +44 (0) 20 7367 5100 Brian Coleman-Smith / Chris Lane /James Verstringhe Background Note on BgenuineTec Inc. On 14 July 2006, BgenuineTec Inc.(AIM; BGTI) was the first Japanese company to be admitted to trading on AIM. It offers fingerprint authentication products to companies and individuals that wish to establish high levels of security using biometrics. Biometrics uses a physical attribute of the body, such as a fingerprint to identify and verify the individual with the aim of making individual authentication efficient and secure. The Company offers a range of fingerprint authentication products and systems, from an integrated system to a mobile device. The Company designs and outsources the production of these products and can tailor them to individual client specific needs and applications. Biometric applications provide convenient and reliable security which reduces the cost associated with the failure of conventional authentication methods. The principal factor which distinguishes biometrics from conventional password based authentication is the enhanced security level it provides while maintaining the privacy of individual users. This information is provided by RNS The company news service from the London Stock Exchange END IOEUBRURRSAAUAR
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