8
October 2024
Cykel AI
PLC
("Cykel" or the
"Company")
Appointment of
CEO
Cykel (LSE:CYK) is pleased to
announce that Ewan Collinge, co-founder of the Company, has
been appointed as Executive Director and Chief Executive Officer.
The appointment will take effect immediately.
Ewan is an experienced entrepreneur
and technologist. He has launched ventures in AI, payments,
blockchain, consumer tech and gaming, including as founder of Cykel
AI PLC, Kondor AI PLC and Ora Technology PLC. He also founded
Crowdform (acquired by Pioneer Media Holdings Inc), a technology
venture studio operating in the UK, Brazil, Canada and Singapore,
which has created digital products for over 75 startups as well as
major companies like Shell and Sony. Ewan is also an investor and
advisor to startups in the UK and Canada.
Jonathan Bixby said:
"I'm delighted to welcome Ewan to
the board as our new CEO. His track record of building successful
technology companies, combined with his intimate knowledge of
Cykel's technology, makes him the ideal leader to drive our next
phase of growth. I look forward to supporting him in this new
role."
Ewan Collinge said:
"I welcome the opportunity to take
on the role of CEO. Having co-founded the company, I have a deep
understanding of our technology and market opportunity. I'm excited
to lead Cykel into its next phase of growth as we scale up the
commercialisation of our AI automation platform. I look forward to
working with our talented team and board to bring our technology to
market, unlock the vast potential of AI for our customers and drive
long-term value for our shareholders."
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Current directorships and/or
partnerships:
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Former directorships and/or
partnerships (within the last five years):
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Crowdform Ltd
Aros Ventures Ltd
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None
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There are no further details to be
disclosed relating to Ewan Collinge under Rule 6.4.8 of the UK
Listing Rules.
For
further information, please contact:
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Cykel AI plc
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Jonathan Bixby
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Via First Sentinel
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First Sentinel (Financial Adviser)
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Brian Stockbridge
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brian@first-sentinel.com
+44 (0) 7858 888 007
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Clear Capital Markets (Broker)
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Bob Roberts
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+44 (0) 20 3869
6080
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About Cykel AI plc:
As the global artificial
intelligence market is experiencing unprecedented growth, Cykel has
successfully carved out a scalable and impactful segment by
leveraging machine learning and advanced language models to enhance
operational efficiencies. This strategic focus not only positions
Cykel at the forefront of AI innovation but also uniquely enables
our partners to streamline workflows, reduce time spent on
repetitive tasks, and achieve significant gains in efficiency and
ROI.