Pires Investments PLC Getvisibility product update
21 Aprile 2020 - 8:00AM
RNS Non-Regulatory
TIDMPIRI
Pires Investments PLC
21 April 2020
Pires Investments PLC
("Pires" or the "Company")
Getvisibility product update
On 10 March 2020, the Company announced that it had invested
EUR250,000 in Visibility Blockchain Limited ("Getvisibility"),
which trades under the name Getvisibility. Pires is now pleased to
provide further information in relation to Getvisibility, a
portfolio company held through its investment in Sure Valley
Ventures ("SVV").
Getvisibility is an artificial intelligence security company,
addressing the substantial and increasing problem which
corporations face in storing, sorting, accessing and protecting
data which is even more important today given the recent increase
in cybercrime associated with the Covid-19 crisis - the UK National
Fraud & Cyber Security Centre has recently reported that
Coronavirus-related fraud reports have increased by 400% in March
2020.
Getvisibility has developed and launched a software platform
using Artificial Intelligence ("AI") that delivers visibility over
data such as Word documents, pdfs and emails, for enterprises, by
automatically, accurately and precisely scanning and classifying
data.
Getvisibility is now running live webinars that will explain
more about the company's updated product offering, with the first
webinar taking place at 12pm (British Summer Time - GMT+1) on
Tuesday 21 April 2020. Shareholders interested in learning more
about Getvisibility should register for the webinars by visiting
Getvisibility's website at getvisibility.com.
Pires has a circa 13% interest in SVV. SVV is a venture capital
fund focused on investing in the software technology sector with a
specific focus on augmented and virtual reality ("AR/VR"), AI and
the internet of things ("IoT").
Enquiries:
Pires Investments plc Tel: +44 (0) 20 3368 8961
Peter Redmond, Chairman
Nicholas Lee, Director
Broker Tel: +44 (0) 20 7469 0935
Peterhouse Capital Limited Tel: +44 (0) 20 7469 0936
Duncan Vasey/Lucy Williams
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END
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