RCS - GSTechnologies Ltd - Proposed AI and Cybersecurity Collaboration

GSTechnologiesAnnouncement

31/01/2023 07:00

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RNS Number : 3038O  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
(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 Chandler       gst@investor-focus.co.uk

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

 

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