BGTI Bgenuinetec

 

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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