BGTI Bgenuinetec

 

TIDMBGTI 
 
RNS Number : 6201Q 
BgenuineTec Inc. 
05 August 2010 
 
 
 
FOR IMMEDIATE RELEASE 
 
5 August  2010 
 
 
 
                                BgenuineTec Inc 
                        ("BgenuineTec" or the "Company") 
 
                                Proposed Funding 
 
Further to the recent successful Placing by the Company announced on 30 July 
2010, BgenuineTec Inc. announces its intention to propose a discounted Open 
Offer to all shareholders shortly. Trading conditions remain challenging with a 
further injection of capital required shortly to support development towards 
commercialisation. An announcement setting out the terms of the Open Offer will 
be made in due course. 
 
 
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 / Dugald J. Carlean / Carl Holmes 
 
Cubitt Consulting+44 (0) 20 7367 5100 
Chris Lane / Nicola Krafft 
 
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 
 
 MSCKKPDBNBKDQFK 
 

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