Tekcapital plc Guident Ltd Appoints Director (9390M)
14 Janvier 2019 - 8:00AM
UK Regulatory
TIDMTEK
RNS Number : 9390M
Tekcapital plc
14 January 2019
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulations (EU) No. 596/2014 ("MAR"). With the
publication of this announcement via a Regulatory Information
Service ("RIS"), this inside information is now considered to be in
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14(th) January 2019
Tekcapital plc
("Tekcapital" or the "Company")
Guident Ltd Appoints Director
Tekcapital plc (AIM: TEK), the UK intellectual property (IP)
investment group focused on creating marketplace value from
university technology, announces that its wholly owned portfolio
company, Guident Ltd ("Guident"), has appointed Daniel Grossman as
a director.
Mr. Grossman has served as a senior executive of several
automotive companies. He most recently served as CEO of Chariot.
Previously, Dan helped to create General Motors' mobility division,
Maven, and led all operations as COO, and was a Vice President at
Zipcar where he helped to pioneer the brand globally. Dan is a
proven global manager and entrepeneur in the automotive industry.
He has extensive experience successfully developing and
transforming companies to achieve breakthrough results, competitive
advantage, and shareholder value.
"Autonomous vehicles will make it easier, safer and more
convenient for people to travel. I believe software apps will play
an increasingly important role in enabling individuals to benefit
from an autonomus transportation network. I'm looking forward to
contributing to the growth and success of Guident," said Daniel
Grossman.
Dr. Clifford Gross, Chairman at Tekcapital, commented: "We are
delighted that Guident has appointed Daniel Grossman as a director.
He is a highly experienced and successful automotive executive who
understands first-hand how autonomous vehicles have the potential
to help individuals and companies better achieve their
transportation objectives. We are confident he will make a
significant contribution to the commercialisation of Guident's
patented autonomous vehicle software technology. According to
Market Research Future(1) , the autonomous vehicle market is
expected to reach US $65.3 billion by 2027."
About Guident, Ltd.
Guident was established by Tekcapital to commercialise new
technology to enhance the utility, safety and enjoyment of
autonomous vehicles and drones. It has exclusively licensed U.S.
Patent # 9,429,943 from Florida Agricultural and Mechanical
University. This patented technology has the potential to enable
the development of software apps for controlling autonomous
vehicles such as cars, trucks and drones using artificial
intelligence. As an example, with this new technology, the
directors of Tekcapital believe that it is possible to develop apps
that allow users of autonomous vehicles to dispatch their vehicles
to join ride sharing pools or identify available parking spots, and
later retrieve their vehicles when they are ready to go on to their
next destination.
For further information, please contact:
Tekcapital plc Via Yellow Jersey PR
Clifford M Gross, Ph.D.
finnCap Ltd (Nominated Adviser
and Joint Broker) + 44 (0) 20 7220 0500
Geoff Nash / Max Bullen-Smith (Corporate
Finance)
Camille Gochez / Alice Lane (ECM)
Novum Securities Limited (Joint
Broker) +44 (0) 20 7399 9427
Colin Rowbury (Corporate Broking)
Yellow Jersey Limited +44 (0)7710 718 649
Tim Thompson / Annabel Atkins tekcapital@yellowjerseypr.com
Tekcapital plc - The World's Largest University Network for Open
Innovation
Tekcapital's objective is to create value from investing in new,
university-developed intellectual properties. Additionally, using
its proprietary discovery search engine, linked to 4,500+
universities in 160 countries, coupled with expert scientific
review, Tekcapital provides a range of IP investment services to
make it easy for organisations to find, evaluate, acquire and
license university-developed technology. Tekcapital plc is quoted
on the AIM market of the London Stock Exchange (AIM: symbol TEK)
and is headquartered in Oxford, in the UK. For more information,
please visit www.tekcapital.com
LEI: 213800GOJTOV19FIFZ85
Reference
(1)
https://www.marketwatch.com/press-release/autonomous-vehicles-market-size-industry-growth-share-opportunities-emerging-technologies-competitive-landscape-future-plans-and-global-trends-by-forecast-2023-2018-07-31
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END
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