Genius Group Limited (NYSE American: GNS) (“Genius Group” or the
“Company”), a leading entrepreneur edtech and education group,
today announced the addition of Salim Ismail and Eric Pulier to the
Genius Group Board. These two business leaders bring extensive
knowledge and experience in exponential technologies, including AI,
VR, Web3 and the technologies central to the company’s Edtech
growth plans.
Salim Ismail is the lead author
of international bestseller “Exponential Organizations” and
“Exponential Organisations 2.0, The New Playbook for 10x Growth
& Impact”, recently published following the launch of ChatGPT
and the new age of AI. Salim is also the Founder of ExO Works and
OpenExO. His ExO model has been implemented in Fortune 500
companies, institutions and governments to build entrepreneurial,
high growth teams utilising the latest disruptive technologies and
practices.
Salim is on the Board of XPRIZE Foundation,
which uses large-scale global incentive competitions to crowdsource
solutions to the world's grand challenges. These include
multi-million dollar, high profile competitions from the $10
million Ansari XPRIZE for private spaceflight to the $15 million
Global Learning XPRIZE to the $100 million Carbon Removal XPRIZE
funded by Elon Musk.
Salim is also Founding Executive Director of
Singularity University and co-founded of a number of tech companies
(Confabb, PubSub Concepts and Angstro, acquired by Google in 2010)
and was Head of Brickhouse, Yahoo!’s internal incubator for new
products.
Salim brings his expertise in consulting with
and building exponential organisations to Genius Group, which was
itself founded using the 11 principles of the ExO model.
On being appointed to Genius Group’s Board,
Salim Ismail said “Within our ExO model, we define an Exponential
Organization as one whose impact or output is disproportionately
large - at least 10x larger - compared to its peers because of the
use of new organization techniques that leverage accelerating
technologies. Since first meeting with Roger Hamilton a decade ago,
I’ve seen him launch and grow Genius Group using the ExO model, and
I’m now excited to be joining the Board as the company harnesses
today’s exponential technologies to transform education.”
Eric Pulier is the CEO and
Founder of Vatom Inc, the world’s leading enterprise grade human
engagement platform. Pulier has raised over one billion dollars for
ventures he has founded or co-founded, for pioneering initiatives
in internet professional services, API management, open source,
service architectures, cloud computing, and virtual spaces. In
2015, Mr. Pulier proposed and built the world's first programmable
non-fungible token (Vatom Smart Assets) and proposed a roadmap for
blockchain-based digital objects to become the future of human
engagement. Eric has also served as a member of the X Prize
Innovation Board, Board of the Painted Turtle, and co-creator of
Starbright World—an early metaverse for kids with serious
illnesses.
The Vatom Platform leverages AI, gamification,
virtual spaces, and a consumer-friendly digital asset wallet, to
power Genius Group’s Genius Metaversity, with plans for AI NPCs
(Non-Player-Characters) that can accompany and interact with
explorers in mixed reality.
On joining the Genius Group Board, Eric Pulier
said “Education is one of the best applications of the next
generation of artificial intelligence, dynamic digital objects,
virtual reality and augmented reality. With the rapid development
in the speed with which Generative AI can create new environments,
and conduct real-time personalized conversations, it’s only a
matter of time before Edtech companies that fully embrace this new
world will disrupt the current education system at scale. I’m
excited to be joining the Genius Group board at this pivotal
moment, and I share Roger’s and the Genius team’s commitment to
revolutionizing the future of learning.”
Roger Hamilton, CEO of Genius Group said “I am
extremely happy to be welcoming Salim and Eric to the Genius Group
Board. They are two extraordinary leaders who share our mission of
preparing students, leaders, entrepreneurs and organisations for
the fast changing future ahead of us. Finding experts versed in the
latest exponential technologies who have extensive experience as
both entrepreneurs and investors, together with stellar reputations
and a purpose-driven mindset is extremely difficult. To be
welcoming two such experts to our Board at the same time is
fantastic, and very timely based on our growth plans.”
Salim Ismail and Eric Pulier replace Nic Lim and
Anna Gong, who are stepping down from the Genius Group Board. The
Board approved the new members and resignations at its Board
Meeting on 16 October 2023.
About Genius Group
Genius Group is a leading entrepreneur Edtech
and education group, with a mission to disrupt the current
education model with a student-centered, life-long learning
curriculum that prepares students with the leadership,
entrepreneurial and life skills to succeed. Through its learning
platform, GeniusU, the Genius Group has a member base of 5.4
million users in 200 countries, ranging from early age to 100.
For more information, please visit
https://www.geniusgroup.net/
Investor Notice
Investing in our securities involves a high
degree of risk. Before making an investment decision, you should
carefully consider the risks, uncertainties and forward-looking
statements described in our most recent Annual Report on Form 20-F,
as amended for the fiscal year ended December 31, 2022, filed with
the SEC on June 6, 2023 and August 3, 2023. If any of these risks
were to occur, our business, financial condition or results of
operations would likely suffer. In that event, the value of our
securities could decline, and you could lose part or all of
your investment. The risks and uncertainties we describe are not
the only ones facing us. Additional risks not presently known to us
or that we currently deem immaterial may also impair our business
operations. In addition, our past financial performance may not be
a reliable indicator of future performance, and historical trends
should not be used to anticipate results in the future. See
"Forward-Looking Statements" below.
Forward-Looking Statements
Statements made in this press release include
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934. Forward-looking statements can be
identified by the use of words such as “may,” “will,” “plan,”
“should,” “expect,” “anticipate,” “estimate,” “continue,” or
comparable terminology. Such forward-looking statements are
inherently subject to certain risks, trends and uncertainties, many
of which the Company cannot predict with accuracy and some of which
the Company might not even anticipate and involve factors that may
cause actual results to differ materially from those projected or
suggested. Readers are cautioned not to place undue reliance on
these forward-looking statements and are advised to consider the
factors listed above together with the additional factors under the
heading “Risk Factors” in the Company's Annual Reports on Form
20-F, as may be supplemented or amended by the Company's Reports of
a Foreign Private Issuer on Form 6-K. The Company assumes no
obligation to update or supplement forward-looking statements that
become untrue because of subsequent events, new information or
otherwise.
Contacts
Investors:Flora Hewitt, Vice President of Investor Relations and
Mergers and AcquisitionsEmail: investor@geniusgroup.net
Media Contacts: Adia PREmail: gns@adiapr.co.uk
US Investors: Dave GentryRedChip Companies
Inc1-800-RED-CHIPGNS@redchip.com
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