Al Sisto's guest appearances

Al Sisto

Share Talk LTD

The Vox Markets Podcast

David Smith

Ben Crawford

Andrew Scott

Adam Davidson

Richard Lee

James Campbell

Paul Johnson

Vinay Gupta

Tim Allen

David Price

Bob Smith

John Taylor

Craig Brown

Michael Foster

Alan Simpson

OwlTail

Contract Win for Device Authority  Tern Plc (AIM:TERN), the investment company specialising in the Internet of Things ("IoT"), is pleased to announce that its portfolio company, Device Authority ("DA"), has entered into a contract with a value of approximately £200,000 with one of the largest global automotive component and safety technology manufacturers ("the Client"), alongside its Technology Alliance Partner, nCipher.  Tern's CEO Al Sisto said:    "This is an important contract for DA which validates the superiority of its technology and its use in the automotive sector. We are delighted with this contract win with a leading global automotive component and safety technology manufacturer. The current COVID-19 pandemic has accelerated the technology trends that we were already observing in the industrial sector and with increased automation comes a much higher need for best-in-class security solutions. Through our investment in DA, which is partnered with leading players such as nCipher, PTC and Microsoft, Tern is ideally placed to capitalise on this."

Contract Win for Device Authority Tern Plc (AIM:TERN), the investment company specialising in the Internet of Things ("IoT"), is pleased to announce that its portfolio company, Device Authority ("DA"), has entered into a contract with a value of approximately £200,000 with one of the largest global automotive component and safety technology manufacturers ("the Client"), alongside its Technology Alliance Partner, nCipher. Tern's CEO Al Sisto said:   "This is an important contract for DA which validates the superiority of its technology and its use in the automotive sector. We are delighted with this contract win with a leading global automotive component and safety technology manufacturer. The current COVID-19 pandemic has accelerated the technology trends that we were already observing in the industrial sector and with increased automation comes a much higher need for best-in-class security solutions. Through our investment in DA, which is partnered with leading players such as nCipher, PTC and Microsoft, Tern is ideally placed to capitalise on this."

Al Sisto, CEO Tern PLC (TERN.L) Podcast

Commenting on the results, Tern CEO, Al Sisto said: As a proactive investor which backs innovation, it has been very rewarding to see the commercial progress made by our portfolio companies reflected in our net asset value, which has increased during the period.This rise included a successful Series A fundraise for FundamentalVR, with an outstanding syndicate of new investors we helped solidify at an implied valuation 27% higher than when we took a position in the company just a year earlier. The positive momentum developed in 2018 continued throughout 2019 with important milestones achieved across our business and the businesses of our principal portfolio companies. We expanded our Tern team and we again continued to increase turnover and employees within our principal portfolio companies.

Commenting on the results, Tern CEO, Al Sisto said: As a proactive investor which backs innovation, it has been very rewarding to see the commercial progress made by our portfolio companies reflected in our net asset value, which has increased during the period. This rise included a successful Series A fundraise for FundamentalVR, with an outstanding syndicate of new investors we helped solidify at an implied valuation 27% higher than when we took a position in the company just a year earlier. The positive momentum developed in 2018 continued throughout 2019 with important milestones achieved across our business and the businesses of our principal portfolio companies. We expanded our Tern team and we again continued to increase turnover and employees within our principal portfolio companies.

AL Sisto, CEO of Tern PLC (TERN.L) talking about the latest company updates