ATLANTA, May 19, 2023 (GLOBE NEWSWIRE) -- Trust Stamp (Nasdaq: IDAI), the Privacy-First Identity Company ^TM providing artificial intelligence (AI)-powered trust and identity services used globally across multiple sectors, today announced it was named a 2023 GLOBE Award recipient by the Georgia Department of Economic Development (GDEcD). Managed by the Department’s International Trade team, this state-led awards program highlights Georgia companies that expanded sales to new international markets in the previous year. This was Trust Stamp’s first year being recognized as a GLOBE Award recipient.

In addition to being selected as a 2023 GLOBE Award winner, Trust Stamp has also received the special distinction of “Georgia Exporter of the Year” in the medium company category.

Andrew Gowasack, President of Trust Stamp, commented, “We are very proud to have been selected as Exporter of the Year by the Georgia Department of Economic Development.  This is the highest distinction awarded to recognize Georgia companies for their export achievements and is a notable accomplishment.  Our team has worked hard to sell our proprietary Software-as-a-Service (SaaS) products and services in new international markets, and we are honored to receive this award.”

“Last year, the state recorded a record-breaking $47 billion in exports, demonstrating the rising global demand for Georgia products,” said Georgia Department of Economic Development Commissioner, Pat Wilson. “Our International Trade team continues to diligently work with Georgia businesses to refine their market entry strategies, and we are proud to have worked with 85% of this year’s GLOBE Award winners for at least three years. We are also thankful to our International Representatives who support our global presence, with nearly 60% of recipients entering one of the 12 strategic markets served by an international office.” 

The GLOBE Awards program began in 2014 to recognize local businesses contributing to Georgia’s economic growth through global trade. Since 2014, GDEcD has presented 323 GLOBE Awards to companies across 46 Georgia counties. The winners built successful market entry strategies demonstrating their commitment, determination, and willingness to leverage export resources.

“The 2023 GLOBE Awards highlight just a few of the Georgia small and medium-sized businesses that are exploring growth opportunities through international trade,” said GDEcD Deputy Commissioner of International Trade, Mary Waters. “These companies are putting in the time, effort, and dedication to realize the benefits of trade, and 88% of this year’s recipients recently utilized the resources our team provides. These resources include anything from market research to connecting with qualified customers, to Go Global Georgia export grants. We are proud of the tenacity of our small business community, and we look forward to what they can accomplish next.”

For more information on this year’s awards, visit here.

About GDEcD’s International Trade Team

The Georgia Department of Economic Development’s nationally recognized International Trade team works to bolster Georgia exports and brand the state as a competitive source of quality products and services. The team includes International Representatives located in 12 strategic global markets and assists Georgia companies with expanding their sales worldwide. The International Trade office provides Georgia businesses with the Global Insight and Global Connections they need to successfully diversify their international customer base.

About Trust Stamp

Trust Stamp the Privacy-First Identity Company^TM, is a global provider of AI-powered identity services for use in multiple sectors including banking and finance, regulatory compliance, government, real estate, communications, and humanitarian services. Its technology empowers organizations with advanced biometric identity solutions that reduce fraud, protect personal data privacy, increase operational efficiency, and reach a broader base of users worldwide through its unique data transformation and comparison capabilities.

Located in nine countries across North America, Europe, Asia, and Africa, Trust Stamp trades on the Nasdaq Capital Market (Nasdaq: IDAI). The company was founded in 2016 by Gareth Genner and Andrew Gowasack.

Safe Harbor Statement: Caution Concerning Forward-Looking Remarks 

All statements in this release that are not based on historical fact are “forward-looking statements” including within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The information in this announcement may contain forward-looking statements and information related to, among other things, the company, its business plan and strategy, and its industry. These statements reflect management’s current views with respect to future events-based information currently available and are subject to risks and uncertainties that could cause the company’s actual results to differ materially from those contained in the forward-looking statements. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. The company does not undertake any obligation to revise or update these forward-looking statements to reflect events or circumstances after such date or to reflect the occurrence of unanticipated events. 

Inquiries:

Trust Stamp                                               Email: Shareholders@truststamp.ai 

Gareth Genner, CEO            

Investor Relations                                           Tel: +1 212-671-1020

Crescendo Communications, LLC                  Email: idai@crescendo-ir.com