BGTI Bgenuinetec

 

TIDMBGTI 
 
RNS Number : 4807U 
BgenuineTec Inc. 
25 June 2009 
 

FOR IMMEDIATE RELEASE25 June 2009 
 
 
BgenuineTec Inc 
(AIM: BGTI) 
("BgenuineTec" or "the Company") 
 
 
25 MILLION YEN FUND RAISING 
 
 
BgenuineTec, the Japanese developer of biometrics fingerprint authentication 
technology, announces that the Company intends to raise a further 25 million yen 
(approximately GBP157,530) by way of a loan from Mr. Taketoshi Kashiwabara (the 
"Loan") to provide further working capital for the Company. The Loan is to be 
repaid on or before 31 August 2009 and will attract interest at an annual loan 
rate of TIBOR (Tokyo Interbank Offered Rate announced by Japanese Bankers 
Association) + 0.950%. The interest accrued on the Loan will be added to the 
principal loan sum and repaid with the original loan. 
Mr. Kashiwabara, the Chairman of BgenuineTec, is deemed to be a related party in 
accordance with Rule 13 of the AIM Rules. The Directors of the Company, other 
than Mr. Kashiwabara, consider, having consulted with BgenuineTec's Nominated 
Adviser Charles Stanley Securities, that the terms of the transaction are fair 
and reasonable insofar as its shareholders are concerned. 
 
 
Exchange Rate Used 1GBP: 158.7 JPY 
 
 
For further information, please contact: 
 
 
BgenuineTec Inc 
Taketoshi KashiwabaraJapan+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 / James Verstringhe 
 
 
 
 
Background Note on BgenuineTec Inc. (formerly Secure Design KK) 
 
 
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 
 
 MSCPUUQCQUPBUQA 
 

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