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Frontier IP higher as it appoints former Bango VP as software commercialisation director

In the new role, Mark Rosten will be focused on identifying opportunities and driving forward software development and projects across the group’s portfolio

Frontier IP Group PLC - Frontier IP appoints former Bango VP as software commercialisation director

Frontier IP Group PLC (LON:FIPP) said it has appointed Mark Rosten, the former senior vice president development of mobile payments group Bango PLC (LON:BGO), as its new software commercialisation director.

The IP investment firm said Rosten led the delivery of Bango’s largest product innovation project during his time at the company, while he has also held roles such as EU director of product development at healthcare technology group GHX Europe.

READ: Frontier IP flags commercial release of a patent reader product

In his role at Frontier, Rosten will be focused on identifying opportunities and driving forward software development and projects across the group’s portfolio.

"I am delighted to join Frontier IP and have a unique opportunity to work across a fantastic portfolio of companies. They have truly innovative ideas, making successful products that provide significant commercialisation opportunities across a range of industries", Rosten said in a statement.

"We are very happy that someone of Mark's experience and calibre should be joining the group. His appointment strengthens our capability to commercialise software-based opportunities, which are an increasingly important part of the portfolio", added Frontier IP chief executive Neil Crabb.

The companies shares were 0.7% higher at 73.5p in late-morning deals on Monday.

--Adds share price--

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Price: 69.49 GBX

AIM:FIPP
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Market Cap: £38.22 m
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