Crossword launches CyberAI; a major Cyber Security AI initiative bringing together Global Companies and World-class Academics

Crossword Cybersecurity plc (NEX:CCS) has launched a major initiative, CyberAI, applying leading edge Artificial Intelligence and Machine Learning techniques to real world Cyber Security challenges. CyberAI brings together world-leading academic researchers selected for their expertise in AI/Machine Learning - Dr Una-May O'Reilly from MIT, Professor Niall Adams from Imperial College London and Professor David Robertson from Edinburgh University - with a select group of Global Industry participants. CyberAI aims to deliver breakthrough solutions to real world, complex cybersecurity challenges facing global scale companies.

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Grant of Options

Crossword Cybersecurity Plc (NEX:CCS, “Crossword” or the “Company”), the technology commercialisation company focusing exclusively on the cyber security sector, is pleased to announce that 11,500 options have been granted under the Company’s Enterprise Management Incentive Scheme (the “EMI Plan”) to five employees.

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Issue of Equity

 THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN, INTO OR FROM THE UNITED STATES, CANADA, AUSTRALIA, THE REPUBLIC OF SOUTH AFRICA, THE REPUBLIC OF  IRELAND OR JAPAN OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A BREACH OF THE RELEVANT SECURITIES LAWS OF SUCH JURISDICTION. 

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NOTICE OF AGM

Crossword Cybersecurity Plc (NEX: CCS) confirms that it will hold its Annual General Meeting at the offices of Shakespeare Martineau LLP, 6th Floor, 60 Gracechurch Street, London EC3V 0HR on Thursday 25(th) May 2017 at 3 pm. 

The Annual Report, Notice of AGM and Form of Proxy have now been posted to shareholders. 

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Crossword’s Spin-Out Company, CyberOwl Ltd, Raises Over £500K To Accelerate Product Development

Crossword Cybersecurity Plc (ISDX: CCS, “Crossword”), the ISDX listed technology commercialisation company focusing exclusively on the cyber security sector, and Coventry University have seen their spin out venture, CyberOwl Ltd complete a successful fundraising, securing a further £510,000. Mercia Fund Management and Coventry University Enterprises invested the additional funds to accelerate product development. This investment will enable CyberOwl to rapidly develop its leading edge target centric network monitoring product aimed at the fast growing Smart Cities and Internet of Things arena.

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Issue and Admission of New Shares

Crossword Cybersecurity Plc (ISDX:CCS, "Crossword" or the "Company"), the technology commercialisation company focusing exclusively on the cyber security sector, is pleased to announce that, further to the Company's announcement last week outlining the Placing and Subscription, the Company has issued 736,842 new Ordinary Shares. 

Admission of the new Ordinary Shares is expected to become effective and dealings will commence in new Ordinary Shares today. 

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