Being AI/Announcement
Being AI logo

Entry into Partnership Agreement with IntraEdge, Inc

Operational Update3 June 2024BAIHealthcare

4 June 2024

NZX Limited

AUCKLAND


Entry into Partnership Agreement with IntraEdge, Inc

Being AI Group is proud to announce a multinational partnership with IntraEdge, Inc., a global leader in AI

governance.

This collaboration will provide a comprehensive AI governance platform that enables organisations to identify

AI usage, mitigate risks, and ensure ethical compliance customised and developed for the New Zealand

market utilising the market leading Truyo AI Governance Platform developed by IntraEdge.

The platform streamlines the identification and remediation of AI governance issues, providing a first of its kind

end-to-end solution starting with locating, identifying, and assessing AI, through monitoring, and remediation,

and training.

This partnership is mutually exclusive in New Zealand, meaning that Being AI will be IntraEdge’s only partner

with the ability to include the Truyo AI Governance Platform in their products within New Zealand during the

first 24 months, and after that 24 month period so long as Being AI continues to meet revenue obligations.

Being AI is also granted non-exclusive reseller partner rights in Australia, and non-exclusive reseller partner

rights in France, subject to IntraEdge approval.

The agreement with IntraEdge enables Being AI to develop its governance offering with new technologies on top

of, and outside of the Truyo AI Governance Platform.

Effective AI governance is key to leading innovation within organisations, it gives the business the necessary

guard rails to safely build, innovate and keep up with emerging technologies, while providing the visibility and

management tools required to reduce risk.

The entry into this arrangement reflects Being AI's commitment to building, investing in, and partnering with

cutting-edge technology, while prioritising ethical and responsible AI practices.

"Being a leader in AI-related data governance, privacy, and security is not just a goal but a core value for

Being AI," said David McDonald, CEO of Being AI.

"We recognise the critical importance of these areas for the safe and ethical development and

deployment of AI in today's rapidly evolving landscape."

"Being AI is a group that truly understands the profound benefits that adopting AI can bring to an

organisation. By combining their extensive expertise with our governance platform, companies can





more rapidly leverage AI while ensuring they do so safely and securely. This is truly a powerful

collaboration." said Dan Clarke, President of IntraEdge Products.

These two milestones exemplify Being AI's commitment to building and investing in AI through development,

acquisition, co-investment, and partnership.

For more information contact:


David McDonald

Group CEO, Being AI Limited

Mobile: +64 27 239 7000

Email: david@beingconsultants.ai


Website: BeingAI.Group

linkedin.com/beingconsultants

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.

Other issuers discussed similar conditions around this time

Matched by meaning across NZX announcement text, not keywords — based on our semantic index of announcement bodies.