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/ .
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 .
Tekcapital owns approximately 70% of Guident Corp.
LEI: 213800GOJTOV19FIFZ85
For further information, please contact:
| Tekcapital Plc |
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Via Flagstaff |
| Clifford M. Gross, Ph.D. |
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| SP Angel Corporate Finance LLP (Nominated Adviser and Broker) |
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+44 (0) 20 3470 0470 |
| Richard Morrison/Charlie Bouverat (Corporate Finance) |
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| Richard Parlons/Abigail Wayne (Corporate Broking) |
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| Flagstaff Strategic and Investor Communications |
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+44 (0) 20 7129 1474 |
| Tim Thompson/Andrea Seymour/Fergus Mellon |
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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.
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