23rd May 2014 12:01
LONDON (Alliance News) - Tekcapital PLC Friday said it has opened new offices in Singapore and Miami in the US, as part of its plans to expand its sales and marketing team.
The provider of technology and intellectual property services, which listed on AIM at the beginning of April, had previously said that it was going to use part of its IPO proceeds to accelerate the growth and expansion of its sales and marketing team, and to recruite additional support staff.
Since then, the company has hired a number of employees, covering the areas of technology transfer, client services and business development.
Tekcapital said that it has now opened a new office in Miami, Florida for the coordination of its US operations, and in Singapore to support client acquisition and marketing activities in Asia.
"We are in advanced discussions with a number of potential clients and, with these new additions, have strengthened further our senior team which places us in a strong position for future growth," said Executive Chairman Clifford Gross in a company statement.
Tekcapital shares were trading 0.6% lower Friday early afternoon at 24.60 pence.
By Rowena Harris-Doughty; [email protected]; @rharrisdoughty
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