Result of AGM

11 Sep 2009 08:42



RESULT OF ANNUAL GENERAL MEETING

Ipso Ventures plc (AIM: IPS), the demand led technology commercialisation business, is pleased to announce that at the Annual General Meeting held on 10 September 2009 all resolutions proposed were duly passed.

…Ends…

Company description:

IPSO creates commercial value from technology and its business model is entirely demand driven. It works closely with its industrial collaborators to identify the demand for new, innovative technologies and then, through its strong relationships with research institutions, sources technologies which could meet those needs. Much of this technology requires considerable further work by IPSO before it can be sold to industry as a developed product. IPSO creates businesses and provides expertise, strategic direction, human and seed capital, as well as corporate finance advice. 

For industrial collaborators, IPSO provides a mechanism to identify and develop technologies which could be of significant value to their businesses, and removes the risk to them of acquiring raw, unproven and undeveloped technology. 

For research institutions, IPSO provides greater certainty that their technology will find commercial success.