Frank Musso Joins Document Capture Technologies Board of Directors
16 May 2008 - 6:01AM
PR Newswire (US)
Brings over 30 Years of Financial and Management Consulting
Expertise to Board SAN JOSE, Calif., May 15 /PRNewswire-FirstCall/
-- Document Capture Technologies, Inc. (OTC:DCMT) (BULLETIN BOARD:
DCMT) , a leading provider of secure imaging solutions, today
announced that its Board of Directors has elected Frank Musso, CPA
CFE, as a Director of the Company, effective May 15, 2008. The
Board of Directors has appointed Mr. Musso to serve as the Chair of
the Audit Committee. Mr. Musso has over 30 years of financial
experience and was an audit supervisor with KPMG, New York City.
For the last 17 years, he has provided consulting and interim
C-level management for a variety of public and private companies,
in strategic development, mergers and acquisitions, corporate
finance, and organizational structure. Mr. Musso has also served as
a volunteer Treasurer, Board and Executive Committee member of two
non profit organizations. "We are delighted to welcome Frank to our
Board and look forward to tapping into the financial and leadership
experience that he brings to our Board of Directors," said David P.
Clark, Chief Executive Officer "We expect that his consulting on
Sarbanes-Oxley implementation and compliance and governance issues
with publicly held companies will be very beneficial to us as we
are in the midst of that process right now. We are confident that
Frank's expertise will make him a valuable resource for the Company
and a strong advocate for the interests of our shareholders." About
Document Capture Technologies, Inc. Document Capture Technologies,
Inc. (OTC:DCMT.OB) (BULLETIN BOARD: DCMT.OB) , headquartered in San
Jose, Calif., designs and manufactures document capture solutions
for OEM customers worldwide. The company currently manufactures
over 20 proprietary document capture products and has become one of
the world's largest private-label manufacturers of USB-powered
mobile document scanning devices. The Company's growing
intellectual property portfolio in document capture includes four
key patents with an additional one patent pending. Forward-Looking
Statements Statements contained in this press release, which are
not historical facts, are forward-looking statements as that term
is defined in the Private Securities Litigation Reform Act of 1995.
These forward-looking statements are based largely on current
expectations and are subject to a number of known and unknown
risks, uncertainties and other factors beyond the Company's control
that could cause actual events and results to differ materially
from these statements. These risks include, without limitation,
that there can be no assurance that any strategic opportunities
will be available to the Company and that any strategic
opportunities may only be available on terms not acceptable to the
Company. These statements are not guarantees of future performance,
and readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date of this
release. Document Capture undertakes no obligation to update
publicly any forward-looking statements. Company Contact: Document
Capture Technologies, Inc. David P. Clark (561) 835-4069 Investor
Contact: Hayden Communications, Inc. Peter Seltzberg (646) 415-8972
DATASOURCE: Document Capture Technologies, Inc. CONTACT: David P.
Clark of Document Capture Technologies, Inc., +1-561-835-4069, ; or
investors, Peter Seltzberg of Hayden Communications, Inc.,
+1-646-415-8972, , for Document Capture Technologies, Inc.
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