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RNS Number : 8029V  Tekcapital plc  19 August 2025

19 August 2025

Tekcapital plc

("Tekcapital" or the "Company")

Guident Announces Appointment of Michael Tessler to its Board of Directors

 

Tekcapital Plc (AIM: TEK) the UK intellectual property investment group
focused on creating valuable products that can improve people's lives, is
pleased to announce that its portfolio company Guident Corp. ("Guident") has
appointed Michael Tessler to its Board of Directors effective immediately.

 

Mr. Tessler brings over three decades of leadership experience in the
technology and communications sectors. As the former CEO of BroadSoft, Michael
Tessler grew the company from its inception to become a global leader in
Unified Communications as a Service, with over 2,000 employees serving
customers in more than 80 countries, culminating in its acquisition by Cisco
Systems for $1.9 billion. Guident believes that his deep expertise in scaling
technology businesses and driving innovation will be invaluable as Guident
accelerates its growth in the rapidly evolving autonomous mobility market.

 

Harald Braun, Chairman & CEO of Guident, stated:

"We are honoured to welcome Michael Tessler to Guident's Board of Directors,"
said Harald Braun, Chairman and CEO of Guident. "Michael's established track
record in building high-growth technology companies and his visionary
leadership will be pivotal as we continue to expand our solutions for safe and
reliable remote monitoring and teleoperation of autonomous vehicles."

 

Michael Tessler, stated:

"I am excited to join Guident's Board at such a transformative time for the AV
industry. Guident's groundbreaking technology has the potential to redefine
safety and reliability in autonomous transportation. I look forward to working
with the Board and management team to help guide the company's strategic
direction and growth."

 

About Guident

Guident commercializes patented technology to enable safer autonomous vehicles
and devices by providing industry-leading AV remote monitoring, control,
assistance, and passenger support services. To learn more, please visit
https://guident.com/ (https://guident.com/) .

 

About Tekcapital plc

Tekcapital creates value from investing in new, university-developed
discoveries that can enhance people's lives. Tekcapital is quoted on the AIM
market of the London Stock Exchange (AIM: symbol TEK) and is headquartered in
the UK. For more information, please visit www.tekcapital.com
(http://www.tekcapital.com) .

 

Tekcapital owns approximately 70% of Guident Corp.

LEI: 213800GOJTOV19FIFZ85

 

For further information, please contact:

 

 Tekcapital Plc                                                                         Via Flagstaff
 Clifford M. Gross, Ph.D.

 SP Angel Corporate Finance LLP (Nominated Adviser and Broker)                          +44 (0) 20 3470 0470
 Richard Morrison/Charlie Bouverat (Corporate Finance)
 Richard Parlons/Abigail Wayne (Corporate Broking)

 Flagstaff Strategic and Investor Communications                                        +44 (0) 20 7129 1474
 Tim Thompson/Andrea Seymour/Fergus Mellon

 

General Risk Factors and Forward-Looking Statements from Guident

All statements of opinion and/or belief contained in this Press Release and
all views expressed represent the directors' own current assessment and
interpretation of information available to them as at the date of this Press
Release. In addition, this Press Release contains certain "forward-looking
statements", including but not limited to, the statements regarding the
Company's overall objectives and strategic plans, patent portfolio and our
anticipated uses of our granted patents. Forward-looking statements express,
as at the date of this Press Release, the Company's plans, estimates,
valuations, forecasts, projections, opinions, expectations or beliefs as to
future events, results or performance. Forward-looking statements involve a
number of risks and uncertainties, many of which are beyond the Company's
control, and there can be no assurance that such statements will prove to be
accurate. No assurance is given that such forward looking statements or views
are correct or that the objectives of the Company will be achieved. Further,
the Company does not undertake any obligation to update any forward-looking
statement or other information that is contained in this Press Release.

 

- Ends -

 

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