DSS Strengthens and Expands Board with Appointment of Two Independent Directors
13 July 2022 - 10:00PM
DSS, Inc. (NYSE American: DSS), a
multinational company operating businesses within nine divisions
and strategically acquiring and developing assets to enrich the
value of its shareholders through calculated IPO spinoffs and a
parametric share distribution strategy, today announced the
expansion of its Board of Directors with the appointment of two
independent directors, Frankie Wong, a 20-year veteran of
public-company financial reporting, and Joanne Wong Hiu Pan, an
investment manager with BMI Funds Management Ltd., the leading
financial advisor in Hong Kong.
Mr. Wong is a certified public accountant in Hong Kong with more
than 20 years’ practicing experience who has served in CFO and
Company Secretary roles at numerous listed companies. Trained at
Deloitte, Mr. Wong has extensive experience in real estate,
property investment, property development, financial services, fund
management, and asset management.
Ms. Pan has more than 15 years of experience in the financial
industry and has served as a member of the investment committee and
an investor manager of BMI Funds Management, the leading financial
advisors in Hong Kong since 2009. Ms. Pan has served as a director
of A-Link Services Limited, a business consultancy, since 2020, and
as a senior manager of Global Intelligence Trust, a professional
provider of trust services.
“Adding Joanne and Frankie as directors further strengthens our
already impressive board and brings additional depths of experience
to our team as we continue to execute on our vision,” said Frank D.
Heuszel, CEO of DSS. “With the addition of Joanne and Frankie, our
board is now comprised of eight members. In addition to public
company accounting and financial management expertise, the
experience of our highly accomplished board spans legal,
operations, financing, restructuring and turnarounds, direct
selling, decentralized finance, and more. As we continue to pursue
opportunities across nine targeted business lines, this wealth of
diverse experience provides immeasurable value to DSS.”
About DSS, Inc.
DSS is a multinational company operating businesses within nine
divisions: Product Packaging, Biotechnology, Direct Marketing,
Commercial Lending, Securities and Investment Management,
Alternative Trading, Digital Transformation, Secure Living, and
Alternative Energy. DSS strategically acquires and develops assets
to enrich the value of its shareholders through calculated IPO
spinoffs and a parametric share distribution strategy. Since 2019,
under the guidance of new leadership, DSS has built the necessary
foundation for achievable growth through the formation of a
diversified portfolio of companies positioned to drive
profitability in multiple high growth sectors. These companies
offer innovative, flexible, and real-world solutions that not only
provide mutual benefits for businesses and their customers, but
also create sustainable value and opportunity for
transformation.
For more information on DSS
visit http://www.dssworld.com.
Safe Harbor Disclosure
This press release contains forward-looking statements that are
made pursuant to the safe harbor provisions within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended. Such
forward-looking statements include, but are not limited to,
statements related to the Company's intended use of proceeds and
other statements that are not historical facts. Forward-looking
statements are based on management's current expectations and are
subject to risks and uncertainties that may cause actual results or
events to differ materially from those projected. These risks and
uncertainties, many of which are beyond our control, include: risks
relating to our growth strategy; our ability to obtain, perform
under and maintain financing and strategic agreements and
relationships; risks relating to the results of development
activities; our ability to attract, integrate and retain key
personnel; our need for substantial additional funds; patent and
intellectual property matters; competition; as well as other risks
described in the section entitled "Risk Factors" in the prospectus
and in our other filings with the SEC, including, without
limitation, our reports on Forms 8-K and 10-Q, all of which can be
obtained on the SEC website at www.sec.gov. Readers are cautioned
not to place undue reliance on the forward-looking statements,
which speak only as of the date on which they are made and reflect
management's current estimates, projections, expectations, and
beliefs. We expressly disclaim any obligation or undertaking to
release publicly any updates or revisions to any forward-looking
statements contained herein to reflect any change in our
expectations or any changes in events, conditions, or circumstances
on which any such statement is based, except as required by
law.
Investor Relations Contact:
Dave GentryRedChip Companies Inc.1-800-RED-CHIP (733-2447)Or
407-491-4498DSS@redchip.com
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