VSBLTY NAMES GARY A. GIBSON CHIEF TECHNOLOGY OFFICER

Rhea-AI Summary

VSBLTY Gruppe Technologies Corp. (OTCQB: VSBGF) has appointed Gary A. Gibson as its new Chief Technology Officer. With over 20 years of experience, Gibson has a proven track record in product development, leading teams across various tech sectors, including AI and IoT. He previously served as CTO at 5x5 Technologies, improving profit margins significantly, and at VirtualMetrix, where he directed multiple product lines. His appointment comes at a critical time for VSBLTY as it aims to expand its technology footprint in the retail and security industries.

Positive

• Gary A. Gibson brings over 20 years of relevant experience in technology and product development.
• Previous success in improving profit margins at 5x5 Technologies by +27%.
• Gibson's expertise spans AI, machine learning, and software innovation, beneficial for VSBLTY's technology growth.

Negative

• Gibson replaces Tim Huckaby, whose resignation might cause transitional challenges.

Philadelphia, PA, Dec. 23, 2021 (GLOBE NEWSWIRE) -- VSBLTY Groupe Technologies Corp. (OTCQB: VSBGF) (CSE: VSBY) (Frankfurt 5VS) (“VSBLTY”), a leading software provider of security and retail analytics technology, today announced that it has named Gary A. Gibson as its Chief Technology Officer (CTO).

Gibson brings to VSBLTY more than 20 years of innovation-driven new product development—from concept to scale—under aggressive time-to-market. He has led global teams to develop software and hardware platforms across cloud, mobile, telecommunications and IoT, while delivering novel solutions spanning multiple disciplines, including the areas of artificial intelligence, machine learning and computer vision.

Prior to joining VSBLTY, Gibson served as CTO of Saint Petersburg-based 5x5 Technologies, Inc. He created the firm’s technology vision and led profitable operations from negative to +27 percent margins through benchmarking, workflow optimization and disciplined execution, and then laid the groundwork for an additional 35 percent improvement.

Previously he spent 11 years as CTO of San Diego-based VirtualMetrix, Inc., where he created the firm’s technology vision, led roadmap and product definition, defined solution architectures and drove execution for the company’s four product lines. He also directed six new product developments.      

He was graduated from the University of California, San Diego, with a B.S. in Electrical Engineering. Gibson holds 12 U.S. patents and has authored and taught graduate-level courses on Computer System Architecture, Processor Architecture, Embedded Systems, Networking, Operating Systems, Microkernels, and Virtualization.

In announcing Gibson’s appointment, VSBLTY Co-founder and CEO Jay Hutton said, “We are excited to welcome Gary to our top management team. He has earned a reputation for a product development philosophy of relentless innovation and improvement on behalf of customers. Gary joins the company at a strategic time as VSBLTY is primed to expand our global footprint and advanced technology in the retail and security industries. Gary succeeds Tim Huckaby, our current CTO who has tendered his resignation effective December 17, 2021. Tim played a pivotal role in the technical leadership and vision at VSBLTY, and we would like to thank him for his contributions to VSBLTY’s growth. We wish him all the best in his future endeavors.”

VSBLTY technology provides enhanced customer engagement and audience measurement using machine learning and computer vision. Its industry leading VisionCaptor™ and DataCaptor™ software combine motion graphics and interactive brand messaging with cutting-edge computer vision measurement and insights. VSBLTY’s AI-driven software, Vector™, provides advanced facial recognition that is crucial to enhancing today’s security requirements when recognizing weapons or suspicious persons in a crowd.

 

Investor Relations

CHF Capital Markets

Cathy Hume, CEO, +1-416-868-1079, x251

cathy@chfir.com

Harbor Access LLC

Jonathan Paterson, 203-862-0492

Jonathan.Paterson@HarborAccessLLC.com

Graham Farell, +1-416-842 9003

Graham.Farell@HarborAccessLLC.com

 

CONTACT: Linda Rosanio, 609-472-0877 

lrosanio@vsblty.net

About VSBLTY (http://vsblty.net/)

Headquartered in Philadelphia, VSBLTY (OTCQB: VSBGF) (CSE: VSBY) (Frankfurt: 5VS) (OTC: VSBGF) (“VSBLTY”) is the world leader in Proactive Digital Display™, which transforms retail and public spaces as well as place-based media networks with SaaS-based audience measurement and security software that uses artificial intelligence and machine learning. Its proprietary technology effectively integrates with other digital retail solutions, including QR codes and mobile applications. The firm is also recognized for its leadership role in the growing Store as a Medium movement that enables brands to reach customers when and where buying decisions are being made while producing a new revenue stream for retailers.

FAQ

Who is the new CTO of VSBLTY Groupe Technologies Corp. as of December 2021?

Gary A. Gibson has been appointed as the new Chief Technology Officer of VSBLTY.

What experience does Gary A. Gibson bring to VSBLTY?

Gibson has over 20 years of experience in technology and product development, including leadership roles at 5x5 Technologies and VirtualMetrix.

What impact could Gary A. Gibson's appointment have on VSBLTY's technology?

Gibson's expertise in AI and machine learning may enhance VSBLTY's product development and innovation efforts.

When did Tim Huckaby resign from his position at VSBLTY?

Tim Huckaby's resignation as CTO was effective December 17, 2021.

What are VSBLTY's primary technology solutions mentioned in the press release?

VSBLTY's solutions include VisionCaptor™, DataCaptor™, and the AI-driven Vector™ for audience measurement and security.