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GST Gstechnologies Ltd

1.175
-0.025 (-2.08%)
Last Updated: 08:17:04
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Gstechnologies Ltd LSE:GST London Ordinary Share VGG4164C1005 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.025 -2.08% 1.175 1.15 1.20 1.20 1.175 1.20 1,991,484 08:17:04
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Communications Services, Nec 2.32M -1.63M -0.0011 -10.64 18.12M

GSTechnologies Ltd Proposed AI and Cybersecurity Collaboration

31/01/2023 7:00am

RNS Non-Regulatory


TIDMGST

GSTechnologies Ltd

31 January 2023

REACH

31 January 2023

GSTechnologies Limited

("GST" or the "Company" or the "Group")

Proposed Artificial Intelligence and Cybersecurity Collaboration

GSTechnologies Limited (LSE: GST), the fintech company, is pleased to announces that the Company has signed a Memorandum of Understanding with Amaris AI Pte Ltd ("Amaris"), a Singapore based provider of artificial intelligence ("AI") and cybersecurity solutions to governments and multinational corporations, with a view to the parties exploring collaboration opportunities, in particular to integrate Amaris' technology to enhance GST's GSMoney offerings.

The Amaris management team includes James Kang (Chief Executive Officer), a former Assistant Chief Executive of the Infocommunication Authority of Singapore, and Professor Yu Chien (Chief Innovation Officer), who was previously the Chief Innovation Officer of a department in the Singapore Ministry of Home Affairs and later of Certis Cisco, together with a number of other senior ex-Singapore Government executives with extensive experience in AI, cybersecurity and information technology. Amaris' AI solutions encompass document automation, action recognition and conversational AI, together with AI based cybersecurity solutions. These are all areas that could potentially enhance GST's proposed GS Money solutions, particularly with regard to streamlining and further securing the customer interface.

Additionally, both GST and Amaris believe there may be further opportunities to collaborate to develop both businesses based on their respective technology focuses, together with leveraging their existing and proposed customer bases.

Further information on Amaris may be found at https://www.amaris.ai

Enquiries:

 
The Company 
Tone Goh, Executive Chairman                 +65 6444 2988 
Financial Adviser 
VSA Capital Limited                          +44 (0)20 3005 5000 
Simon Barton / Tolgahan Kuce 
Broker 
OvalX                                        +44 (0)20 7392 1400 
Tom Curran / Thomas Smith 
Financial PR & Investor Relations 
IFC Advisory Limited                         +44 20 (0) 3934 6630 
 Tim Metcalfe / Graham Herring / Florence     gst@investor-focus.co.uk 
 Chandler 
 
 

For more information please see: https://gstechnologies.co.uk/

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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END

NRAURVVROSUAOAR

(END) Dow Jones Newswires

January 31, 2023 02:00 ET (07:00 GMT)

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