New Client Wins

RNS Number : 2041C

Tekcapital plc

15 January 2015

 

15 January 2015

Tekcapital Plc

("Tekcapital", "the Company" or "the Group")

New Client Wins

- Tekcapital secures its first Japanese, Finnish and Israeli Clients -

- Team Expansion and Science Advisory Board appointment -

Tekcapital plc (AIM: TEK), an international provider of technology and intellectual property services, is pleased to provide the following update on its new client wins as well as new appointments to strengthen its growing team.

Since the trading update on 21 November 2014, the Group has continued to scale the business and has secured several new international clients.  These recent additions include a major Tokyo Stock Exchange listed Japanese pharmaceutical company, a multi-national Finnish technology company and an Israeli bio-technology company.  Negotiations are continuing with a number of potential additional customers worldwide.

To enhance the Group's ability to address new client needs, Dr. Wendy Ross has recently been appointed as a Manager of Technology Transfer. Wendy is an accomplished Technology Transfer professional, with 13 years' experience with early-stage technology development. Previously she served as the Technology Transfer Manager at Cardiff University.

Additionally, the Group is also pleased to announce the addition of Marielle S. Gross, M.D. to the Science Advisory Board. Marielle's focus is on obstetrics and gynaecology at Johns Hopkins University. 

Commenting on the announcement, Dr. Clifford M. Gross, Executive Chairman of Tekcapital plc, said:

"As we begin 2015, Tekcapital is continuing to scale its business internationally. While these new clients are in different sectors and geographies they have engaged Tekcapital for the same reason - to gain immediate access to peer reviewed, university developed technology acquisition opportunities spanning 160 countries.

"Tekcapital's client base now includes some of the world's most renowned companies and this demonstrates the strength of our proposition and the demand for it.  We are currently in contract negotiations with a number of companies in the US, Europe and Asia which we expect to have a significant impact on total client numbers, a key growth metric for the Company, in future reporting periods."

For further information please contact:

Tekcapital Plc	[phone] Ext 305
Clifford M. Gross	[e-mail]
Northland Capital Partners Limited (NOMAD & Broker)	[phone]
William Vandyk (Corporate Finance)	[e-mail]
John Howes / Alice Lane (Corporate Broking)
Optiva Securities Limited (Co-Broker)	[phone]
Jeremy King / Vishal Balasingham	[e-mail]
FTI Consulting, LLP	[phone]
Chris Lane / Emma Appleton / Roger Newby	[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 3,700+ 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 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 www.tekcapital.com

 

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