Tekcapital plc Portfolio Company Update
01 Aprile 2019 - 8:01AM
RNS Non-Regulatory
TIDMTEK
Tekcapital plc
01 April 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
the public domain.
1 April 2019
Tekcapital Plc
("Tekcapital", the "Company" or "the Group")
Portfolio Company Update
Tekcapital Plc (AIM: TEK), the UK intellectual property (IP)
investment group focused on creating marketplace value from
investing in university technology, is pleased to announce that its
portfolio company Guident ltd has launched its commercial
website.
Harald Braun, Chairman at Guident said,
"We are pleased to announce the launch of Guident's website.
Guident's mission is to enhance the safety, convenience and
enjoyment of using autonomous vehicles (AV) by providing innovative
mobile software applications with proprietary technology that
addresses the convergence of AV, artificial intelligence and
mobility."
Dr Clifford Gross, Chairman at Tekcapital commented: "We are
delighted to see that Guident is on track with its development
program. We believe that autonomous vehicles will help democratize
transportation and that a great deal of this value will be
facilitated by control of AV's with smart phone or smart watch
software apps." According to Market Research Future1 the autonomous
vehicle market is expected to reach US $65.3 billion by 2027(1)
."
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
patented technology from Florida Agricultural and Mechanical
University. Using its proprietary IP, Guident is developing Apps
that allow users of AV's to dispatch their vehicles to join
ridesharing fleets, find available service and charging stations,
report accidents, as well as park themselves. To learn more please
visit www.guident.co.
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 (ECM)
Novum Securities Limited (Joint
Broker) +44 (0) 20 7399 9427
Colin Rowbury (Corporate Broking)
Yellow Jersey Limited +44 (0) 20 3004 9512
Tim Thompson / Annabel Atkins tekcapital@yellowjerseypr.com
About Tekcapital plc
Tekcapital creates value from investing in new,
university-developed intellectual properties and provides a range
of IP investment services to make it easy for organisations to
commercialise university-developed technology. Tekcapital 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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