Software Commercialisation Director appointment

RNS REACH

AIM: FIPP

07 September 2020

Frontier IP Group Plc

("Frontier IP" or the "Group")

Frontier IP Group appoints former Bango plc Senior Vice President as Software Commercialisation Director

Frontier IP, a specialist in commercialising intellectual property, is delighted to announce the appointment of Mark Rosten, the former Senior Vice President Development for mobile payments specialist Bango plc ("Bango" or the "Company"), as Software Commercialisation Director, a non-board role.

Mark has more than 30 years' experience in leading software and product development teams across Healthcare, FinTech and Transport, in companies ranging from start-ups to Small and Medium-Sized Enterprises and larger corporations.

As Senior Vice President Development at Bango, Mark led delivery of its largest product innovation project.  This provided direct carrier billing for the world's largest online e-commerce merchant with the leading Japanese telecom operators.

Mark's former leadership roles include EU Director of Product Development at GHX Europe where he designed and implemented a leading e-commerce platform in Healthcare for connecting hospitals across the United Kingdom with global medical device and pharmaceutical suppliers, automating ordering and invoicing, bringing significant savings and efficiencies, resulting in better care for patients.

For Frontier IP, Mark will be identifying opportunities and driving forward software development and projects across the portfolio and for the Group.

Neil Crabb, Frontier IP Group Chief Executive Officer, said: " We are very happy that someone of Mark's experience and calibre should be joining the Group. His appointment strengthens our capability to commercialise software-based opportunities, which are an increasingly important part of the portfolio."

Mark Rosten, Software Commercialisation Director, Frontier IP Group, said: "I am delighted to join Frontier IP and have a unique opportunity to work across a fantastic portfolio of companies. They have truly innovative ideas, making successful products that provide significant commercialisation opportunities across a range of industries."

ENQUIRIES

ABout frontier IP Group

Frontier IP unites science, finance and industry to build businesses based on outstanding research.  It identifies strong intellectual property and accelerates its development through a range of commercialisation services. A critical part of the Group's work is involving relevant industry partners at an early stage of development to ensure technology meets real world demands and needs.

The Group looks to build and grow a portfolio of equity stakes and licence income by taking an active involvement in spin-out companies, including support for fund raising and collaboration with relevant industry partners at an early stage of development.

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