REG - T Stamp Inc - Leadership Appointment Following Nasdaq Listing
07/02/2022 15:00
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RNS Number : 9200A T Stamp Inc 07 February 2022
T STAMP INC
('Trust Stamp' or 'The Company')
Trust Stamp Announces Global Leadership Appointment Following Nasdaq Listing
07 February 2021: Trust Stamp (Nasdaq: IDAI, Euronext Growth: AIID ID), a
global provider of AI-powered, privacy-first trust and identity services used
across multiple sectors, is pleased to announce the appointment of Joshua
("Josh") Allen to the position of CEO of Trust Stamp Malta Limited and its
subsidiary, Trust Stamp Rwanda Limited with immediate effect.
With over 20 years of experience in private equity, venture capital, and
non-profit management, Mr. Allen joined Trust Stamp in late 2020 as Executive
Vice President for Strategic Investments, Mergers, and Acquisitions and has
served as an Executive Director to its Board since January 2021
(https://www.londonstockexchange.com/news-article/IRSH/trust-stamp-announces-director-appointments/14819039)
.
Trust Stamp CEO Gareth N. Genner comments, "Trust Stamp Malta is our largest
innovation hub with ongoing advancement of European operations. It remains
critical that this business division is effective and agile in rapidly
expanding our customer base and R&D portfolio to address global privacy,
security, and accessibility needs in digital systems. Trust Stamp Rwanda is
projected to be our largest growth area this year with tremendous
opportunities both commercially and in the public-benefit space.
With a multifaceted understanding of Trust Stamp and proven approach to
leadership, we look forward to Josh's continued contribution to
enterprise-wide growth in a new capacity for both operations."
Josh Allen added, "Establishing a physical presence in Africa supported by the
quality talent we have attracted in Kigali was a highlight of 2021 and
reflects our long-standing commitment to universal financial inclusion.
The African Continental Free Trade Area connects 1.3B people across the
continent of Africa but realising its massive economic and societal impact is
dependent on the accessibility of secure identity frameworks. As we partner
with African Institutions to further our research into biometric solutions
that equitably serve a diverse population, having already demonstrated the
power of tokenization technology for inclusion, Trust Stamp is well positioned
to transform how organisations and individuals transact across the continent."
The Company is hosting the Trusted Rwanda hackathon
(https://trustedrwanda.truststamp.ai) in the first half of 2022, providing
Trust Stamp's advanced solutions to African FinTech and HealthTech
organisations looking to develop innovative ideas that leverage secure
identity and data tokenisation technology to improve business and community
outcomes. The hackathon kicks off with a virtual information session on
February 16, with open registration through
https://trustedrwanda.truststamp.ai (https://trustedrwanda.truststamp.ai) .
Building on momentum in the digital asset and cryptocurrency space, focused
innovation around digital finance, transactions, and ownership in the
metaverse is an important aspect of the growth strategy for Trust Stamp's
European R&D hub in 2022. The Company maintains a unique competitive
stance with secure, privacy-first solutions for account access, data
protection, and regulatory compliance targeted at financial institutions.
"I am thrilled to be a part of Trust Stamp's story in this new way and look
forward to working with two exceptional teams to achieve our company-wide
goals as CEO of Trust Stamp Malta Limited and Trust Stamp Rwanda Limited,"
says Mr. Allen.
Enquiries
Trust Stamp
Email: Shareholders@truststamp.ai
Gareth Genner, Chief Executive Officer
Nisha Naik, Executive VP of Communications
Davy (Euronext Growth Advisor)
Tel: +353 1 679 6363
Barry Murphy
Investor Relations
Tel: +1 212-671-1021
Crescendo Communications
Email: idai@crescendo-ir.com
About Trust Stamp
Trust Stamp (https://truststamp.ai/) is a global provider of AI-powered
identity services for use in multiple sectors including banking and finance,
regulatory compliance, government, real estate, communications, and
humanitarian services. Its technology empowers organizations with advanced
biometric identity solutions that reduce fraud, protect personal data privacy,
increase operational efficiency, and reach a broader base of users worldwide
through its unique data transformation and comparison capabilities.
Located in seven countries across North America, Europe, Asia, and Africa,
Trust Stamp trades on the Nasdaq Capital Market (Nasdaq: IDAI
(https://www.nasdaq.com/market-activity/stocks/idai) ) and Euronext Growth in
Dublin (Euronext Growth: AIID ID
(https://live.euronext.com/en/product/equities/US8730483000-XESM) ). Founded
in 2016 by Gareth Genner and Andrew Gowasack, the company now employs over 100
people.
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"forward-looking statements" including within the meaning of the Private
Securities Litigation Reform Act of 1995 and the provisions of Section 27A of
the Securities Act of 1933, as amended, and Section 21E of the Securities
Exchange Act of 1934, as amended. The information in this announcement may
contain forward-looking statements and information related to, among other
things, the company, its business plan and strategy, and its industry. These
statements reflect management's current views with respect to future
events-based information currently available and are subject to risks and
uncertainties that could cause the company's actual results to differ
materially from those contained in the forward-looking statements. Investors
are cautioned not to place undue reliance on these forward-looking statements,
which speak only as of the date on which they are made. The company does not
undertake any obligation to revise or update these forward-looking statements
to reflect events or circumstances after such date or to reflect the
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