Proposed AI and Cybersecurity Collaboration
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 Tim Metcalfe / Graham Herring / Florence Chandler |
|
+44 20 (0) 3934 6630 gst@investor-focus.co.uk |
|
|
|
|
For more information please see: https://gstechnologies.co.uk/
Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word “Reach” in the source column of the News Explorer pages of London Stock Exchange’s website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
COMPANIES COVERED:
Latest directors dealings
- 3 hours ago Compass Group
- 3 hours ago International Biotech Trust
- 3 hours ago Sage Group
- 3 hours ago The Global Smaller Companies Trust
- 3 hours ago Harworth Group