Latest news with #BruceBower
Malay Mail
14-05-2025
- Business
- Malay Mail
Gorilla Technology Group Appoints Bruce Bower as Chief Financial Officer
[email protected] London, United Kingdom - Newsfile Corp. - May 14, 2025 - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company"), a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology, is pleased to announce the appointment of Bruce Bower as Chief Financial Officer (CFO), effective 1 June Bower brings a wealth of experience in strategic financial management, capital raising and corporate governance. Since joining Gorilla as Interim CFO in September 2024 , he has played a pivotal role in restructuring the Company's finance department, streamlining operations, and enhancing Gorilla's financial oversight and internal controls. Under Bruce's leadership, the Company has achieved full compliance with the Sarbanes-Oxley Act (SOX) and resolved any previously disclosed material weaknesses, while continuing to secure significant partnerships."Bruce has been instrumental in driving Gorilla's financial strategy during a transformative period. We successfully navigated a complex landscape, optimised capital structures that drove profitability in key growth areas and accelerated our position in the market as a global innovator of AI solutions in smart infrastructure, energy and security," said Jay Chandan, Chairman & CEO of Gorilla Technology Group. "Under Bruce's leadership, we have successfully enhanced our financial reporting and governance frameworks, reinforcing our commitment to the highest standards of corporate integrity.""I am proud to continue the important mission that Gorilla has set forth," said Mr. Bower. "While we have made great progress as a team, I have more conviction than ever that our greatest opportunity lies ahead. I look forward to continuing to deliver on our growth plans as we collectively work to achieve Gorilla's innovative vision of the future."Headquartered in London U.K., Gorilla is a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology. We provide a wide range of solutions, including, Smart City, Network, Video, Security Convergence and IoT, across select verticals of Government & Public Services, Manufacturing, Telecom, Retail, Transportation & Logistics, Healthcare and Education, by using AI and Deep Learning expertise lies in revolutionizing urban operations, bolstering security and enhancing resilience. We deliver pioneering products that harness the power of AI in intelligent video surveillance, facial recognition, license plate recognition, edge computing, post-event analytics and advanced cybersecurity technologies. By integrating these AI-driven technologies, we empower Smart Cities to enhance efficiency, safety and cybersecurity measures, ultimately improving the quality of life for more information, please visit our website: GentryRedChip Companies, Inc.1-407-644-4256 The issuer is solely responsible for the content of this announcement.
Malay Mail
30-04-2025
- Business
- Malay Mail
Gorilla Technology Releases Full Year Audited Financials for 2024
Gorilla has fully remediated all previously reported material weaknesses. This includes upgrading its financial systems, hiring experienced talent and strengthening its internal governance. Gorilla is fully Sarbanes-Oxley compliant, following extensive work with an external consultant, underscoring the depth and rigor of the Company's internal controls and processes, as well as its maturity as a U.S.-listed company. [email protected] London, United Kingdom - Newsfile Corp. - April 30, 2025 - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company"), a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology, today announced that the filing of its full-year audited financials for the year ended 31 December 2024 on Form 20-F with the U.S. Securities and Exchange Commission will be made today after market Chandan, Chairman and CEO, commented: "2024 was the year we moved from transformation to acceleration. We have cemented our position in the AI ecosystem, and we are building the digital infrastructure that will power governments and enterprises for the next decade. Over the last 18 months, we have rapidly expanded across the globe - from Southeast Asia to India to the Middle East. We are also building strong momentum in Europe, North America and Latin America. We have built a business development engine which is underpinned by model of efficient deployment and long-term partnership. Our sales pipeline is strong, our operations are streamlined, and we are confident as we look to the future, even in the midst of a challenging macroeconomic environment."Mr. Chandan continued, "The strength of our audited financials reflects the discipline, scale and ambition with which we are running the business. Our commitment to accuracy in financial reporting and disclosure reinforces that Gorilla stands on solid ground - operationally, financially and ethically."Gorilla's 20-F will reflect the following updates to its financial controls and reporting:Bruce Bower, Interim CFO, added, "We are pleased to progress our financial imperatives. Looking ahead, Gorilla will continue to uphold the rigor, discipline and integrity that this filing has demonstrated and confirms. The foundation is in place, and we are well-positioned to scale for the long-term. With a clear strategy, exceptional leadership and relentless execution, we believe Gorilla represents front-footed leadership in this new AI-driven era."Further information and full financial statements can be found in the 20-F filed later today, after market close, on the SEC's website at Headquartered in London U.K., Gorilla is a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology. We provide a wide range of solutions, including Smart City, Network, Video, Security Convergence and IoT, across select verticals of Government & Public Services, Manufacturing, Telecom, Retail, Transportation & Logistics, Healthcare and Education, by using AI and Deep Learning expertise lies in revolutionizing urban operations, bolstering security and enhancing resilience. We deliver pioneering products that harness the power of AI in intelligent video surveillance, facial recognition, license plate recognition, edge computing, post-event analytics and advanced cybersecurity technologies. By integrating these AI-driven technologies, we empower Smart Cities to enhance efficiency, safety and cybersecurity measures, ultimately improving the quality of life for more information, please visit our website: This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Gorilla's actual results may differ from its expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "might" and "continues," and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, statements regarding our beliefs about future revenues, our ability to attract the attention of customers and investors alike, Gorilla's ability to win additional projects and execute definitive contracts related thereto, along with those other risks described under the heading "Risk Factors" in the Form 20-F Gorilla will file with the Securities and Exchange Commission (the "SEC") on April 30, 2025 and those that are included in any of Gorilla's future filings with the SEC. These forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from expected results. Most of these factors are outside of the control of Gorilla and are difficult to predict. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Gorilla undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date they were made except as required by law or applicable GentryRedChip Companies, Inc.1-407-644-4256 The issuer is solely responsible for the content of this announcement.
