Trust Stamp to attend the Commonwealth Business Forum in Rwanda
June 16 2022 - 08:30AM
Trust Stamp (Nasdaq: IDAI, Euronext Growth: AIID ID), an AI-powered
trust and identity services company used globally across multiple
sectors, announces that CEO Gareth Genner will join a
trade delegation organized by TradeMalta to attend the Commonwealth
Business Forum coinciding with the Commonwealth Heads of Government
Meeting (“CHOGM”). With member delegations from 54 nations across
Africa, the Caribbean and Americas, Europe, Asia, and the Pacific,
CHOGM aims to reinforce multilateral cooperation, explore new
opportunities, and tackle common challenges for the well-being of
future generations.
CHOGM will take place in Rwanda from June 20, 2022, to June 25,
2022 with the theme of ‘Delivering a Common Future: Connecting,
Innovating, Transforming.' The Commonwealth Business Forum brings
together the Commonwealth’s most senior business leaders alongside
Heads of Government and Ministers for three days of discussions,
networking, and deal-making. With over 1,000 expected participants,
it is designed to provide different ways to create meaningful
connections, exchange knowledge, contribute to impactful dialogue
and consume information.
Genner comments, “With intra-Commonwealth trade
expected to surpass $700 billion in 2022 and Commonwealth countries
comprising a number of free trade zones including the Africa
Continental Free Trade Area (AfCFTA), the Commonwealth Business
Forum provides a valuable opportunity to capitalize on global
opportunities for economic growth and social
development. Trust Stamp’s investment in cross-national
development and ongoing governmental relationships position us to
develop and deliver equitable, accessible, and inclusive technology
that enables organizations and individuals to transact more freely
and with trust.”
Trust Stamp established its Rwandan subsidiary in 2021, which
currently employs 16 people out of its Kigali office. The Company
recently entered into a memorandum of understanding with the
African Institute for Mathematical Sciences to together further
research in identifying and addressing race and
ethnicity-based discrepancies in the performance of biometric
systems resulting in systemic inequities.
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, 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.
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