N-Trig's technology combines pen and zero-pressure touch for mobile computers into a single device.
Sources inform "Globes" that venture lending fund Plenus will provide a $5 million line of credit to Tel Aviv-based N-Trig.
N-Trig was founded in 1999 by Dr. Meir Morag, who is president of the company, Morag was a co-founder of Emultek, now e-Sim (Nasdaq; ESIM). The company's CEO is Amihai Ben David, who founded TASE-listed company DCL.
N-Trig has developed DuoSense digitizer technology, which combines pen and zero-pressure touch for mobile computers into a single device. The company's target market is developers of future PDAs. Its technology can be used with any type of LCD screen.
IVC lists N-Trig's investors as the Spark Fund, Morris Kahn's Aurum Ventures, and Leader Holdings and Investments Ltd.
Published by Globes [online], Israel business news - www.globes.co.il - on February 7, 2008
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