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Adgorithms to change its name to Albert Technologies

12 July 2017 13:11

Adgorithms has announced that it has been granted permission by the Israeli Registrar of Companies to change its name to Albert Technologies.

The Directors believe the new name better reflects the Company's core business of developing and promoting the Albert technology behind its Software as a Service product.

The Company said that it also comes as a result of increasing recognition for Albert, both in terms of his growing client base and recent awards.

Or Shani, Founder & CEO at Albert Technologies Ltd. said: "This is a milestone moment as we continue to transition to a business more clearly focused on our leading product, Albert. We listed to raise funds to invest in Albert's commercialisation and are delighted with his recent progress in the marketplace, where he has won new clients and exceeded their expectations."

At 1:11pm: (LON:ADGO) Adgorithms Ltd share price was -0.5p at 30.5p

Story provided by StockMarketWire.com

Related Company: ADGO

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