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Friday, 14 July 2017

Crossword Cybersecurity Plc : Statement re cybersecurity initiative

Crossword Cybersecurity Plc    

Published: 09:00 CEST 14-07-2017 /GlobeNewswire /Source: Crossword Cybersecurity Plc / : CCS /ISIN: GB00BPFJXS57

Crossword Cybersecurity Plc : Statement re cybersecurity initiative



Press release

Crossword launches major cybersecurity AI initiative bringing together global companies and world-class academics


Crossword Cybersecurity plc (NEX:CCS, "Crossword") has launched a major initiative, CyberAI, applying leading edge artificial intelligence ("AI") and machine learning techniques to real world cybersecurity 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.


Crossword has brought together four major companies: a global investment bank, a FTSE 100 retail bank, a multinational insurance company and a big four professional services firm to participate in the CyberAI initiative.


Tom Ilube, CEO of Crossword said "This unique initiative combines some of the world's largest companies with the most advanced academic thinking at the intersection of cybersecurity and artificial intelligence and machine learning. We are excited about the rich seam of intellectual property that will emerge from CyberAI, for our participants to leverage and for Crossword to commercialise globally."


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Tom Ilube - CEO, Crossword Cybersecurity Plc


Tel: +44 (0)208 973 2350

Email: info@crosswordcybersecurity.com

Twitter: @crosswordcyber


NEX Corporate Advisor

Nick Michaels and Jon Isaacs, Alfred Henry Corporate Finance Limited


Tel: +44 (0)207 251 3762


NEX Corporate Broker

Claire Louise Noyce - CEO, Hybridan LLP

Tel: +44 (0)203 764 2341

Email: claire.noyce@hybridan.com

This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of NASDAQ OMX Corporate Solutions clients. Source: Crossword Cybersecurity Plc, 2 Sheen Road, Richmond TW9 1AE, UK
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