|
|
|
|
Provides Ample Financial Resources to Support Business Expansion Reinforces the Group's Market Leadership
|
HONG KONG, Sept 29, 2020 - (ACN Newswire) - Technoglobal Inc. ("Technoglobal" or the "Group"), a leading provider of fingerprint authentication technologies, is pleased to announce that the Group has entered into an agreement with AutoBio Inc. ("AutoBio"). The specialist in AI biomedical robotic systems will provide JPY2 billion which will assist the Group in implementing its plan to list on The Stock Exchange of Hong Kong Limited.
 | Mr Taketoshi Kashiwabara, President & CEO of Technoglobal |
With more than two decades of excellence in AI biometric authentication technology, Technoglobal remains steadfastly committed to achieving its mission of 'supporting strong security' by providing an advanced AI biometric authentication system that enables companies and organisations to have strong security while conducting different tasks. In view of the increasing demand for AI biometric authentication systems, the Group develops and offers a comprehensive range of products that recognises and distinguishes personal characteristics, such as veins, palm, fingerprint, face, etc. Such products are also a reflection of the Group's response to the diversification of online applications and digitalisation of various services.
Incorporated in Japan, AutoBio is a medical system service provider that aims to provide state-of-the-art medical AI robotic systems which enable dexterous mechanical hands to perform accurate biomedical tasks as well as AI diagnostic imaging capabilities.
Mr Taketoshi Kashiwabara, President & CEO of Technoglobal, said: "The demand for AI biometric authentication systems has been growing rapidly in recent years. We believe that now is the best time for Technoglobal to expand its presence across Asia, Europe and the Middle East. Having an integrated network of institutions and markets, Hong Kong is well recognised as one of the world's premier international financial centre. By leveraging this capital market and with the financial support from AutoBio, including its expertise in AI robotic systems, we are confident that getting listed in Hong Kong will accelerate the Group's expansion plan in the biometric authentication industry as well as enable us to reap operational synergies with AutoBio. The Group's aim is to develop more innovative AI biometric authentication systems that will ultimately lead to the advancement of society as a whole."
About Technoglobal Inc. Technoglobal Inc. is a fingerprint authentication provider based in Tokyo, Japan. The company commenced operation in 1995. Renowned for its sophisticated manufacturing capabilities and sales of fingerprint-related systems as well as development and consultation on authentication systems, the company continues to receive praise for its integrity and commitment to fingerprint authentication development. For further details, please visit http://www.technoglobal.co.jp
Topic: Press release summary
Source: Technoglobal Inc.
Sectors: Electronics, Daily Finance, Cloud & Enterprise, CyberSecurity
https://www.acnnewswire.com
From the Asia Corporate News Network
Copyright © 2025 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
|
|
|
|
|
|
|
Latest Press Releases
Michael Owen Becomes the New Face of GK8: Fastest Growing iGaming Brand
Aug 3, 2025 13:00 HKT/SGT
|
|
|
Risetcar's driverless taxis are performing well in the US, with Jakarta operations set to launch soon
Aug 2, 2025 21:30 HKT/SGT
|
|
|
Kuvi.ai Launches Private Beta of Agentic Finance OS with Seed Round Led by Moon Pursuit Capital
Aug 2, 2025 11:30 HKT/SGT
|
|
|
Rust Mobile Revealed With Official Trailer, First Hands-on Demo Set for Gamescom 2025
Aug 2, 2025 00:30 HKT/SGT
|
|
|
Everest Medicines Expands Strategic Investment in I-MAB to Advance the Global Value of Its Proprietary Next-Generation Cancer Immunotherapies
Aug 2, 2025 00:02 HKT/SGT
|
|
|
TSE Group Launches Papua's First POME-to-Energy Plant
Aug 1, 2025 23:00 HKT/SGT
|
|
|
Concord New Energy (0182.HK) Released 2025 Interim Results
Aug 1, 2025 21:49 HKT/SGT
|
|
|
Queensland's Stralis lands clean aviation breakthrough in Japan, announced at Expo 2025 Osaka
Friday, August 1, 2025 7:00:00 PM
|
|
|
Queensland leads global education charge at Expo 2025 Osaka
Friday, August 1, 2025 7:00:00 PM
|
|
|
Hitachi completes capital reorganization of air conditioning joint venture accelerating the deployment of green cooling solutions through "One Hitachi"
Friday, August 1, 2025 6:00:00 PM
|
|
|
|
More Press release >> |
|
|
|