Change in the management team at Terranet
Terranet and Nihat Kücük, the CTO, have mutually agreed to part ways. The purpose is to accelerate the product development of BlincVision, and the previously communicated timetable remains. A permanent replacement is expected to be in place shortly.
Recruitment of a new CTO from the automotive industry is ongoing and is expected to be completed shortly. Until then, the development work is led by the CEO, Magnus Andersson together with external advisors, and the Company's Team Lead, who has extensive experience from the automotive industry's subcontractor Bosch.
"We need to ensure that we have the skills required to take the next step with the product and that we do it according to plan, which the market expects. We continue to strengthen with expertise at all levels of the company." says Magnus Andersson, CEO of Terranet.
For more information, please contact
Magnus Andersson CEO
About Terranet AB (publ)
Terranet is on a mission to save lives in urban traffic.
We develop breakthrough tech solutions for Advanced Driver Assistance Systems (ADAS) and Autonomous Vehicles (AV) that protect vulnerable road users.
With a unique and patented vision technology, Terranet’s anti-collision system BlincVision scans and detects road objects multiple times faster and with higher accuracy than any other ADAS technology available today.
Terranet is based in Lund, Sweden, and in the heart of the European automotive industry in Stuttgart, Germany. The company is listed on Nasdaq First North Premier Growth Market since 2017(Nasdaq: TERRNT-B).
Follow our journey at www.terranet.se
Certified Adviser to Terranet is Mangold Fondkommission AB, 08-503 015 50, email@example.com.
AttachmentTo view this piece of content from www.globenewswire.com, please give your consent at the top of this page.
To view this piece of content from ml-eu.globenewswire.com, please give your consent at the top of this page.
About GlobeNewswire by notified
One Liberty Plaza - 165 Broadway
NY 10006 New York
GlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
Subscribe to releases from GlobeNewswire by notified
Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from GlobeNewswire by notified
Registration of share capital increase in IDEX Biometrics 1 Dec 20231.12.2023 17:30:00 CET | Press release
Reference is made to the notice on 21 November 2023 regarding employees having exercised 389,608 incentive subscription rights at NOK 0.15 per share. The capital increase has been registered and the shares will be delivered soonest. Following the issue, the company's share capital is NOK 209,551,597.20 divided into 1,397,010,648 shares, each with a nominal value of NOK 0.15. For further information contact: Marianne Bøe, Investor Relations E-mail: firstname.lastname@example.org Tel: +47 918 00186 About IDEX Biometrics IDEX Biometrics ASA (OSE: IDEX) is a global technology leader in fingerprint biometrics, offering authentication solutions across payments, access control, and digital identity. Our solutions bring convenience, security, peace of mind and seamless user experiences to the world. Built on patented and proprietary sensor technologies, integrated circuit designs, and software, our biometric solutions target card-based applications for payments and digital authentication. As
Innofactor Plc: Share Repurchase 1.12.20231.12.2023 17:30:00 CET | Press release
Innofactor Plc Announcement 1.12.2023Innofactor Plc: Share Repurchase 1.12.2023In the Helsinki Stock ExchangeTrade date 1.12.2023Bourse trade BuyShare IFA1VAmount 4,600SharesAverage price/ share 1.1500EURTotal cost 5,290.00EURInnofactor Plc now holds a total of 561 829 sharesincluding the shares repurchased on 1.12.2023On behalf of Innofactor PlcNordea Bank OyjJanne Sarvikivi Sami HuttunenAdditional information:Sami Ensio, CEOInnofactor PlcTel. +358 50 584 email@example.com Attachment IFA1V ENG 134
Wolters Kluwer named as a Leader in Gartner® Magic Quadrant™ for Financial Close and Consolidation Solutions1.12.2023 17:29:28 CET | Press release
PRESS RELEASE Wolters Kluwer named as a Leader in Gartner® Magic Quadrant™ for Financial Close and Consolidation Solutions Wolters Kluwer CCH Tagetik platform facilitates the end-to-end financial closing process, from account reconciliation and AI-based transaction matching to financial and management reporting and disclosure. NEW YORK – Dec. 1, 2023 – Wolters Kluwer, a global leader in professional information, software solutions and services, today announced that it has been recognized as a Leader in the 2023 Gartner Magic Quadrant for Financial Close and Consolidation Solutions, based on its completeness of vision and ability to execute. Last month, Wolters Kluwer was also recognized in the 2023 Gartner Market Guide for Financial Reconciliation Solutions. The CCH Tagetik Financial Close & Consolidation platform improves the speed and accuracy of all aspects of the financial close and consolidation process, ranging from account reconciliation and transaction matching to financial, ma
TGS Shareholders Approve the Merger Plan with PGS1.12.2023 17:09:37 CET | Press release
OSLO, Norway (1 December 2023) - Reference is made to the joint stock exchange announcement on 18 September 2023 by TGS ASA ("TGS" or the "Company," OSE: TGS) and PGS ASA ("PGS," OSE: PGS) regarding the combination of the two companies (the "Merger") to establish the premier energy data company, as well as subsequent announcements on 25 and 30 October 2023 regarding, respectively, the execution of the definitive merger agreement and notices for extraordinary general meetings for approval. An extraordinary general meeting in TGS was held today at 16:00 hours (Oslo time) as a virtual meeting. All proposals on the agenda were approved with requisite majorities, including the merger plan dated 25 October 2023 and the corresponding share capital increase in the Company. As separately announced by PGS earlier today, the merger has also been approved by the extraordinary general meeting in PGS. As a consequence, the decision to approve the merger will now be filed with the Norwegian Register
Festi hf.: Buyback program week 48 – end of buyback1.12.2023 16:58:38 CET | Press release
In week 48 2023, Festi purchased in total 19,260 own shares for total amount of 3,409,020 ISK as follows: WeekDateTimePurchased shareSahre pricePurchase price 48 29.nov 11:51:24 19.260 177 3.409.020 19.2603.409.020 The execution of the buyback program is in accordance with the Act on Public Limited Companies No 2/1995, Article 5 of the Regulation of the European parliament and of the Council No. 596/2014, on market abuse, the Commissions Delegated Regulation No. 2016/1052 and the Act on Actions against Market Fraud No. 60/2021. Before the purchase Festi held 3,226,966 own shares or 1.06% of issued shares. Festi has now bought in total 3,246,226 own shares (1.07% of issued shares) for 599,999,945 ISK and has finished the buyback. This announcement of purchase of own shares is in accordance with the buyback program announced 21 July 2023 to Nasdaq OMX Iceland. The program envisages the buyback of a total of 3,500,000 own shares or 1.15% of the issued shares, with the cap of 600 million I