Trust Stamp Announces Global Leadership Appointment Following Nasdaq Listing
February 07 2022 - 8:00AM
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.
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 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.
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.
About Trust Stamp
Trust Stamp 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) and Euronext Growth in Dublin (Euronext Growth: AIID
ID). Founded in 2016 by Gareth Genner and Andrew Gowasack, the
company now employs over 100 people.
Safe Harbor Statement: Caution Concerning Forward-Looking
Remarks
All statements in this release that are not based on historical
fact are “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 occurrence of unanticipated events.
Enquiries
Trust Stamp Gareth Genner,
Chief Executive OfficerNisha Naik, Executive VP of
CommunicationsEmail: Shareholders@truststamp.ai
Davy (Euronext Growth
Advisor)Barry MurphyTel: +353 1 679 6363
Investor RelationsCrescendo
CommunicationsTel: +1
212-671-1021Email: idai@crescendo-ir.com
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