Technis joins PLUS
Article Date: Sep 30 2009Technology development company Technis International has come to PLUS-quoted through an introduction handled by Bridge Hall Stockbrokers. Bernard Hulme, the American entrepreneur who once headed software group Tadpole Technology, chairs Technis, whose flagship product is its ‘Transcribe’ voice recognition module enabling voice-to-voice language translation for short conversations.
Explaining that the company had already raised £500,000 in a 7.5p pre-float funding with private investors, chief executive officer Jack Kaye says London-based Technis, which already has 11 products in its portfolio, wants to use its PLUS quote to make acquisitions and attract some institutional interest. According to Kaye, a 25-year veteran of the tech game, Technis, which is as yet ‘pre-revenue’, takes existing technology, ‘puts a spin on it’, licences it and sells on the licences.
In April, the company recruited as technical adviser Dr Peter Cochrane, former chief technical officer at BT and a ‘futurist, business guru and entrepreneur’.
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