TAIPEI, Taiwan and NEW YORK, Sept. 12, 2022 (GLOBE NEWSWIRE) — Gorilla Technology Group Inc. (“Gorilla”) GRRR, a leader in edge video analytics, artificial intelligence, IoT technologies and cybersecurity, today announced the appointment of Executive Chairman Jayesh (Jay) Chandan as CEO, effective immediately. Chandan succeeds founder and CEO Dr. Spincer Koh, who is retiring after more than two decades of service to the company.

“Gorilla is at an exciting nexus in our line of sight following its recent listing as a public company with working capital, strong growth momentum and international expansion. As the edge computing market continues to grow exponentially, we continue to improve business agility by bringing infrastructure and applications closer to where data is generated and consumed to power the next wave of digital transformation,” said Chandan. “On behalf On behalf of the Company and the Board of Directors, I would like to thank Dr. Koh for leading and building the Company over the past two decades and wish him the very best in his retirement It is an honor to lead the Company during this next phase of growth and am committed to maximizing long-term shareholder value as we make Gorilla the global leader in Edge AI.”

“We are at an exciting point in the company’s growth trajectory. After more than 20 years since Gorilla was founded, now is the right time for me to step down and retire. Jay has been instrumental in overseeing our company’s recent milestones, including our public listing. I have every confidence that Jay will guide Gorilla through this next chapter,” said Dr. Koh.

Developed over the last 20 years, Gorilla’s leading AI technology includes 31 issued or pending patents with solutions available on all hardware platforms and via AI models, AI appliances and AI SaaS modules. It develops a wide range of video-centric and content management solutions, including…