Finger/Matrix closes limited offering to stockholders.DOBBS FERRY Dobbs Ferry, village (1990 pop. 9,940), Westchester co., SE N.Y., on the Hudson River, a suburb of New York City; inc. 1873. It is mostly residential but has light industries and research facilities. , N.Y.--(BUSINESS WIRE)--June 5, 1997--Finger/Matrix Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on EBB:FINX FINX Finance and Miscellaneous Functions ) announced that it is closing Thursday on the private offering of its common shares limited to "accredited investors Accredited Investor A term used by the Securities and Exchange Commission (SEC) under Regulation D to refer to investors who are financially sophisticated and have a reduced need for the protection provided by certain government filings. Also known as "qualified purchaser". ." The offering resulted in the receipt of approximately $226,000 in capital financing. Thomas T. Harding, president, said the shares were sold pursuant to an exemption from registration under the Securities Act of 1933, as amended, as provided by Regulation D. The stock was sold to current stockholders in units of 2,000 shares, with sale or transfer restricted for at least one year. Finger/Matrix is a pioneer in electronic fingerprinting technology, holding numerous patents in this growing field. CONTACT: Molesworth Associates Inc., Green Valley, Ariz. Gordon Molesworth, 520/625-0035 |
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