Tekcapital plc Strategic Alliance with Bajainnova SAPI de CV

TIDMTEK

Tekcapital plc

31 October 2016

Tekcapital plc

("Tekcapital")

Strategic Alliance Agreement with Bajainnova SAPI de CV

for providing Tekcapital's services in Mexico

Tekcapital plc (AIM: TEK), an international provider of technology and intellectual property services, is pleased to announce that it has executed a strategic alliance agreement with Bajainnova SAPI de CV, the Mexico-based based technology transfer company, to market all of Tekcapital's services in Mexico.

With hundreds of universities, research centres and major corporations, the Directors of Tekcapital believe that Mexico is a large potential market for the Company's technology transfer services.

Commenting on the Strategic Alliance, Dr. Clifford M. Gross, Executive Chairman of Tekcapital, said: "We are very pleased to announce the formation of a Strategic Alliance with Bajainnova SAPI de CV to provide technology transfer services throughout Mexico."

Also commenting on the Strategic Alliance, Eduardo Valierra, CEO of Bajainnova, said: "Universities and companies throughout Mexico are focusing on commercializing innovations. We believe there is strong interest in Tekcapital's unique services and we look forward to building a significant long-term partnership with Tekcapital to meet this increasing demand."

For further information, please contact:

 
 Tekcapital Plc                         [phone] 
  Clifford M. Gross                     [e-mail] 
 
 Allenby Capital Limited (Nominated 
  Adviser & Joint Broker)               [phone] 
 Jeremy Porter / Alex Brearley 
 
 Optiva Securities Limited (Joint       [phone] 
  Broker)                                1904 
 Jeremy King / Vishal Balasingham       [e-mail] 
 
                                        [phone] 
 Walbrook PR Ltd                         8780 
 Paul Cornelius / Paul McManus 
  / Helen Cresswell                     [e-mail] 
 
 

Tekcapital plc - The World's Largest University Network for Open Innovation

Tekcapital helps clients profit from new, university-developed intellectual properties. With our proprietary discovery search engine, linked to 4,000+ universities in 160 countries, coupled with expert scientific review, we provide a turn-key service to make it easy for clients to find and acquire the IP, analytics and technology transfer professionals they need to create a competitive advantage. Tekcapital plc is listed 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 tekcapital.com.

About Bajainnova SAPI de CV

Bajainnova SAPI de CV, the Mexico-based based technology transfer company that helps regional, national and international clients accelerate the commercialization of their IP with patent protection, funding, project management, marketing, corporate governance, continuing education and process management for both new and existing technologies. For more information, please visit bajainnova.com.

This information is provided by RNS

The company news service from the London Stock Exchange

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October 31, 2016 03:00 ET (07:00 GMT)