07:00 Tue 15 Jun 2021
Frontier IP Group - Pulsiv appoints Adam Westcott as CFO
Reach - a non-regulatory announcement
AIM: FIPP
Frontier IP Group Plc
("Frontier IP" or the "Group")
Portfolio news - Pulsiv appoints
Frontier IP, a specialist in commercialising intellectual property, today announces that portfolio company Pulsiv (or the "Company") has appointed
Adam has more than 20 years' experience in finance at senior levels for both entrepreneurial growth businesses and in investment banking, where he advised small and large companies working on equity, debt and mergers and acquisitions.
He is joining Pulsiv from AMTE Power plc, ("AMTE Power"), an AIM-quoted developer and manufacturer of lithium-ion and sodium-ion battery cells for specialist markets, where he was Chief Financial Officer for more than three years. AMTE Power listed earlier this year through a successful and oversubscribed placing. Prior to this, he has held a number of finance director roles with entrepreneurial growth companies and previously worked in investment banking where he advised on a significant number of IPOs and M&A transactions. Adam is qualified by the Chartered Institute of Management Accountants and has a Master of Engineering degree from the University of Oxford.
Adam will join Pulsiv later this year when he has completed his notice period for AMTE.
Adam is the latest in a series of senior management appointments Pulsiv has made in moves to accelerate development, prepare for scale up and deploy its unique power conversion technology. The Company has recently announced the appointments of
With a mission to "Make the most efficient use of electricity wherever it is converted", Pulsiv solutions will enhance a broad range of mains-powered products, battery chargers, lighting applications and also extract more power from photovoltaic solar cells. The Company is collaborating with Bosch on a solar microinverter.
ENQUIRIES
Frontier IP Group Plc |
T: 020 3968 7815 |
Company website: www.frontierip.co.uk |
M: 07464 546 025 |
Allenby Capital Limited (Nominated Adviser)
|
T: 0203 328 5656
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ABout frontier IP
Frontier IP unites science and commerce by identifying strong intellectual property and accelerating its development through a range of commercialisation services. A critical part of the Group's work is involving relevant industry partners at an early stage of development to ensure technology meets real world demands and needs.
The Group looks to build and grow a portfolio of equity stakes and licence income by taking an active involvement in spin-out companies, including support for fund raising and collaboration with relevant industry partners at an early stage of development.
Frontier IP is the commercialisation partner for the University of Plymouth.
ABOUT THE UNIVERSITY OF PLYMOUTH
The University of Plymouth is renowned for high quality, internationally leading education, research and innovation.
With a mission to Advance Knowledge and Transform Lives,
It has a strong track record for teaching and learning excellence and has one of the highest numbers of National Teaching Fellows of any
* Research Fortnight Research Power League Table 2014.
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