GUSC.L Share News (GUSC)

(ShareCast News) - Sports, health and wellbeing focused technology company Guscio announced on Wednesday that its directors had resolved to change the company's name to GoTech Group with immediate effect.The AIM-traded firm said the new name better reflected its business interests and stated strategy of further developing its current intellectual property, creating a solid and recurring revenue foundation and considering complementary earnings-enhancing acquisitions."We are delighted with our new name, GoTech, which clearly reflects our focus on the development and commercialisation of sports technology related businesses," said managing director Gail Ganney."As the pace of innovation in the health and wellbeing sector increases, we think that there is an exciting opportunity for the group to deliver sophisticated technologies that increase participation in sporting activities and encourage an improvement in personal wellbeing."