Cogia AG: Cogia AG and VCI announce strategic joint venture to develop AI-powered, secure messenger technology

Cogia AG (ISIN DE000A3H2226), a leading German technology company in the field of AI and secure communication solutions, today announced the formation of a strategic joint venture with VCI Global Limited (NASDAQ: VCIG), a renowned provider of business and technology consulting services.

Key features of the joint venture:

1. formation of AiSecure Limited (‘AiSecure’), with VCIG holding 70% and Cogia holding 30% of the shares.

2. AiSecure receives 100% ownership of VCIG's recently acquired Cogia Socialiser Messenger.

3. Cogia AG takes over the management of the joint venture and software development, in particular the integration of generative AI into the secure messenger solution.

4. the aim is to position AiSecure for a potential NASDAQ listing within 12-18 months.

Synergy and innovation

This partnership combines Cogia's long-standing expertise in AI, big data and secure communication solutions with VCIG's expertise in business strategy and technology consulting. Cogia's Messenger platform, known for its military-grade end-to-end encryption and unique privacy features, gives users full control over their personal messages, media and documents.

The integration of generative AI into the secure messenger platform promises a significant improvement in functionality and user experience. As a pioneer in the implementation of generative AI into secure messaging systems, Cogia will lead these advancements.

Global expansion and growth strategy

Through VCIG's international presence in Malaysia, China, Singapore, the US and the UK, Cogia plans to significantly expand the global user base of the future AiSecure Messenger platform. This expansion is a key element in the strategy to position AiSecure for a potential NASDAQ IPO, subject to the fulfilment of all necessary criteria.

Pascal Lauria, CEO of Cogia AG, explains: ‘This partnership gives Cogia access to the rapidly growing Asian and international markets. Together with VCI Global, we are set to revolutionise the market for secure communications through advanced AI integration. This cooperation will generate significant benefits for our users and stakeholders.’

About Cogia AG

Cogia AG, based in Frankfurt, Germany, is a pioneer for innovative solutions in the areas of secure communication, AI-based products, customer experience management, web and social media monitoring, text mining and open source intelligence.

About VCI Global Limited

VCI Global is a diversified holding company specialising in consulting, fintech, AI, robotics and cybersecurity. Headquartered in Kuala Lumpur, Malaysia, VCIG operates primarily in Asia with significant presence in Asia Pacific, the US, Europe and the Middle East. The company provides advisory services in capital markets, real estate, AI and technology and operates a proprietary financing platform as well as a secure messaging platform for governments and organisations. VCIG also invests in AI and robotics companies and technologies, supporting their development and bringing them to market.

To the press release