Tekcapital (TEK)

Sector:

IT Services

Index:

FTSE AIM All-Share

9.50p
   
  • Change Today:
      1.00p
  • 52 Week High: 17.00p
  • 52 Week Low: 6.00p
  • Currency: UK Pounds
  • Shares Issued: 198.19m
  • Volume: 1,040,430
  • Market Cap: £18.83m

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Tekcapital acquires exclusive licence to gesture recognition software

By Josh White

Date: Wednesday 31 May 2017

LONDON (ShareCast) - (ShareCast News) - International provider of technology and intellectual property investment services Tekcapital announced on Wednesday that it acquired the worldwide exclusive licence to a software program and patent application for enhanced gesture recognition for computing devices, which it believed has the potential to enhance the accuracy of the detection of gesture and character inputs across a wide range of mobile and desktop devices.
The AIM-traded firm said that recognising gesture inputs on a computing device was a "challenge" that could be approached with different methods.

With the software, when a touch-sensitive device is provided with 2D input drawn with a stylus or made with a finger, synthetic data is produced by a new method called Gesture Path Stochastic Resampling.

The "efficient" software algorithm required minimal coding to implement, and rapidly decoded analog gesture input.

With the new technology, the directors of Tekcapital said they believed it would be possible to improve the accuracy and the speed of gesture recognisers, as the technology was fast, versatile, language independent, and was compatible with existing recognition systems on any device.

"We are excited to have acquired the exclusive rights to this novel software technology aimed at improving the accurate detection of gesture inputs for mobile devices, tablets and desktop computers," said executive chairman Clifford M. Gross.

"Our goal is to license the technology to a leading device manufacturer or software company," Dr Gross added.

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Tekcapital Market Data

Currency UK Pounds
Share Price 9.50p
Change Today 1.00p
% Change 11.76 %
52 Week High 17.00p
52 Week Low 6.00p
Volume 1,040,430
Shares Issued 198.19m
Market Cap £18.83m

Tekcapital Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
12.30% above the market average12.30% above the market average12.30% above the market average12.30% above the market average12.30% above the market average
58.54% above the sector average58.54% above the sector average58.54% above the sector average58.54% above the sector average58.54% above the sector average
Price Trend
1.14% below the market average1.14% below the market average1.14% below the market average1.14% below the market average1.14% below the market average
39.33% below the sector average39.33% below the sector average39.33% below the sector average39.33% below the sector average39.33% below the sector average
Income Not Available
Growth
3.63% above the market average3.63% above the market average3.63% above the market average3.63% above the market average3.63% above the market average
1.23% above the sector average1.23% above the sector average1.23% above the sector average1.23% above the sector average1.23% above the sector average

Tekcapital Dividends

No dividends found

Trades for 31-Oct-2024

Time Volume / Share Price
16:27 50 @ 9.35p
16:11 5,347 @ 9.35p
15:37 26,005 @ 9.00p
15:32 101,000 @ 9.06p
15:32 25,000 @ 9.11p

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