BRS Labs Searches For New CEO To Lead It Through IPO Process

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Behavioral Recognition Systems, Inc. (BRS Labs), well known for its cutting-edge AISight® platform, the Artificial Intelligence-based analytics solution that teaches itself to recognize and alert on suspicious or unexpected behavior within massive volumes of data, announced this week that it has begun a search for a new CEO to take the company public.

Earlier this week, BRS Labs Chairman Ray Davis announced that he has stepped down as CEO in order to devote his time to the strategic direction of the company and to finding the ideal candidate to take BRS Labs public.

The company plans to find a Houstonian who understands the value of a public company in this market and who has previous operational experience leading a company through the process of going public.

“I founded BRS Labs and have served as its CEO since 2005,” said Davis. “I have always loved building and running companies and have done so for thirty-five years. Based on the growth we have experienced here at BRS Labs, the time is right for us to take the company public, and we need to bring in an individual who has expertise in this area. I will continue to serve in my role as Chairman until that person is comfortably in place and positioned to take BRS Labs to the heights we know it is capable of reaching.”

Source: marketwatch.com
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