DeepMatter Group appoints Karen Bach to its Board as Non-Executive Chair alongside Fraser Benson joining as CFO

– UK, Glasgow –  DeepMatter Group plc (LON: DMTR), the AIM-quoted company focusing on digitising chemistry, today announced two appointments of Karen Bach to its Board as Non-Executive Chair, effective on 1 November 2020. Fraser Benson will also join the board as CFO.

“I am delighted to welcome Karen and Fraser to the Board as Non-Executive Chair and Chief Financial Officer, respectively.” said CEO, Mark Warne.

He added: “Karen’s wealth of experience in working with growth companies, as well as her enthusiasm in the technology sector, resonates with our long-term strategic goal to digitise chemistry while Fraser’s experience of working in fast-growth businesses means that he has skills and knowledge to share with DeepMatter. We look forward to working with Karen and Fraser as we scale up the business and enter new territories.”

Fraser succeeds Lauren Lees, who stood down from the board of directors effective from today.

Having seen the Company through to commercialisation, the Board thanks Lauren for her contribution to DeepMatter and wishes her all the very best for the future.

About Karen Bach

Karen Bach brings significant public and private technology expertise, particularly focused on helping young technology businesses deliver on their growth potential, with an understanding of the life sciences through her Non-Executive Directorship at Datapharm Ltd. This is coupled with a strong financial background, having held the CFO role at growing technology businesses; IXEurope Plc, ACS Plc and Kewill Plc; and with blue-chip multi-nationals including EDS France, MCI WorldCom, General Motors and Ernst & Young. Karen is currently Chair of Amino Technologies Plc and Consult Red Ltd and Non-Executive Director of Escape Hunt Plc. As well as advising businesses, Karen is a member of the 30% Club, which supports boards to appoint more female directors and increase the pipeline of upcoming female talent at board and senior management levels.

About Fraser Benson

Fraser Benson has 17 years of accounting experience and significant exposure to fast-growing software businesses having worked at Tradeweb Inc., a NASDAQ listed electronic fixed income and derivatives trading platform, for eight years, latterly as Finance Director, Europe and Asia, supporting the Group’s international growth. Previous experience includes working with a range of organisations from FTSE 100 companies through to Venture Capital backed businesses across multiple sectors.

About DeepMatter Group plc

DeepMatter’s long term strategy is to integrate chemistry with technology, thereby enabling greater use of artificial intelligence and reaching a point where chemicals can be autonomously synthesised through robotics. In the near term, this involves the provision of integrated software, hardware and artificial intelligence-enabled platform, DigitalGlassware, to scientists across research and process development sectors.

The DigitalGlassware platform allows chemistry experiments to be accurately and systematically recorded, coded and entered into a shared data cloud. The platform is designed to enable chemists to work together effectively; sharing the details of their experiments from anywhere and in real-time, so that work is not needlessly duplicated, time and money wasted, and ultimately so discoveries may be made faster.

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