EDGECORTIX PRESS RELEASE

EdgeCortix Expands Leadership Team by Appointing Jeffrey Grosman SVP of Business Development

Former Corcentric Executive Joins EdgeCortix Inc.

May 4, 2021 -- EdgeCortix Inc. (www.edgecortix.com), the innovative next generation fabless semiconductor design company with a software first approach, based out of Japan and the United States, today announced naming Jeffrey H. Grosman to the newly created position of Senior Vice President of Business Development reporting to CEO Sakyasingha Dasgupta. Jeffrey will initially be responsible for overseeing business strategy, marketing and operations in the United States to drive EdgeCortix Inc.’s product adoption and revenue growth.

“I am truly delighted to have Jeffrey join the EdgeCortix team, bringing his more than three decades of industry leadership and accomplishments in marketing, management, operations and product across a wide spectrum of enterprise, SMB and consumer-oriented businesses,” said Sakyasingha Dasgupta, CEO, EdgeCortix Inc. “Jeffrey’s extensive experience leading market strategy and product adoption in large scale software and services companies is a big compliment to our world-class engineering team.”

Jeffrey-Grosman

Jeffrey has led global organizations in sales, marketing and operations, helping to bring leading products to market, develop and deploy marketing strategies, and grow new and existing lines of business. Prior to joining EdgeCortix, he most recently served as the Senior Vice President, Order-to-Cash (O2C) North America, at Corcentric, where he was responsible for strategy, sales, growth and execution in delivering measurable and quantifiable business outcomes to Corcentric’s multi-million-dollar product portfolio.

Previously he has also served as the Chief Operating Officer of Determine Inc. (NASDAQ:DTRM), Chief Marketing + Revenue Officer at Youbet.com (NASDAQ:UBET) and has held senior leadership positions at Network Solutions, Inc. and MCI Telecommunications.

“I am thrilled to be joining the EdgeCortix team at a moment when it is on the precipice of disrupting the edge computing space,” said Grosman. “With it’s unique artificial intelligence software and hardware IP portfolio, Sakya and the team have spent the last 18-months developing a new semiconductor model and ecosystem. I’m excited by the prospect of educating the market on the power and value of the business outcomes that the EdgeCortix solutions can deliver.”

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About EdgeCortix Inc.

EdgeCortix® is a fabless semiconductor design company focused on enabling energy-efficient edge intelligence. It was founded in 2019 with the radical idea of taking a software first approach, while designing an artificial intelligence specific runtime reconfigurable processor from the ground up using a technique called "hardware & software co-exploration". Targeting advanced computer vision applications first, using proprietary hardware and software IP on existing processors like FPGAs and custom designed ASIC, the company is geared towards positively disrupting the rapidly growing AI hardware space across defense, aerospace, smart cities, industry 4.0, autonomous vehicles and robotics. Visit www.edgecortix.com and follow EdgeCortix on LinkedIn, Twitter, and YouTube.

EdgeCortix Media Contact:

Jeffrey Grosman
info@edgecortix.com