PALM BEACH, Fla., May 8, 2014 /PRNewswire/ -- Global Digital
Solutions, Inc. (OTCQB: GDSI), a company that is positioning itself
as a leader in providing cyber arms manufacturing, complementary
security and technology solutions and knowledge-based,
cyber-related, culturally attuned social consulting in unsettled
areas, today announced the addition of Thomas W. Janes, a leading private equity and
investment banking expert, to the company's Advisory Board. In this
capacity, Mr. Janes will provide strategic counsel to GDSI's
leadership team with regard to various financing options in support
of the company's global growth strategy.
Founder of Boston-based Kerry
Capital Advisors, Mr. Janes has been principally involved as a
fiduciary with nearly $500 million of
private equity investments that have generated over $1 billion of returns for investors. During his
private equity career, Mr. Janes has been involved in seven
institutional fund raising efforts that have totaled over
$3 billion.
"We're very pleased to welcome Tom
Janes to GDSI's Advisory Board," said GDSI's President and
CEO Richard J. Sullivan. "Tom's
25-year career in the private equity and investment banking arenas
make him ideally suited to provide GDSI with strategic counsel
regarding financing options as we pursue our global growth
strategy. As previously stated, our strategy includes several
strategic acquisitions, and I'm convinced Tom's advice and guidance
will prove invaluable as we consider various transactions in the
months ahead."
Before founding Kerry Capital Advisors, Mr. Janes was a Managing
Director of Lincolnshire and head of Lincolnshire's Boston Office.
Prior to Lincolnshire, Mr. Janes was a co-founder and Managing
Director of Triumph Capital Group, where he served as a senior
member of a private equity team that successfully sourced and
managed approximately $900 million in
private equity capital. During his tenure at Triumph Capital, he
led numerous investments in middle market companies in a variety of
recapitalization, growth financing, leveraged buyout, and
consolidation transactions, and served as a Board member of several
Triumph portfolio companies.
"I'm extremely pleased to be joining GDSI's Advisory Board,"
said Thomas Janes. "I'm very
familiar with GDSI management's impressive record of building
fast-growing companies through acquisitions and internal growth. I
look forward to working with Dick
Sullivan and the GDSI leadership team as they consider
various financing and acquisition options in the months
ahead."
As previously announced, the GDSI Advisory Board includes former
Florida Lt. Governor Jennifer
Carroll, former U.S. Senator Scott
Brown, firearms industry expert Richard Feldman, international financing expert
Edwin Wang, and strategic financial
advisor Matthew Kelley. In a sign of
confidence in GDSI's significant growth opportunity, and to ensure
that they are aligned with the interests of shareholders, all
members of the Advisory Board will receive equity instead of cash
compensation.
More About Thomas W. Janes
Kerry Capital Advisors was
founded by Thomas W. Janes. Mr.
Janes has a significant track record of successfully working with
management teams in the North American and European middle markets.
Earlier in his career, Mr. Janes was an investment banker at Drexel
Burnham, First Boston, and Lazard Freres & Co., where he led
numerous corporate finance and merger and acquisition transactions.
Mr. Janes also worked as a consultant in Bain and Co.'s
Boston and London offices. Mr. Janes has served on the
Boards of numerous private companies and the following public
companies: Alarmguard Holdings, Inc., Ascent Pediatrics, Inc., CAPE
Systems Group, Inc., DairyMart Convenience Stores, Inc., Plymouth
Opportunity REIT, and Providence Health Care, Inc.
A frequent speaker at industry events, including commenting on
private equity issues at the annual Chicago Federal Reserve Forum,
Mr. Janes has written more than 100 articles for such publications
as The New York Times, The New York
Times Annual Economic Review, The Boston Globe and The World Paper.
He has an AB degree with honors from Harvard College and MBA from Harvard Business School. For more information,
visit www.kerrycapital.com.
About Global Digital Solutions, Inc.
Global Digital
Solutions is positioning itself as a leader in providing cyber arms
manufacturing, complementary security and technology solutions and
knowledge-based, cyber-related, culturally attuned social
consulting in unsettled areas. For more information please visit
http://www.gdsi.co.
Forward Looking Statements
This press release contains
"forward looking statements" within the meaning of the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
The statements contained in this press release that are not purely
historical are forward-looking statements. Forward-looking
statements give the Company's current expectations or forecasts of
future events. Such statements are subject to risks and
uncertainties that are often difficult to predict and beyond the
Company's control, and could cause the Company's results to differ
materially from those described. In some cases
forward-looking statements can be identified by terminology such as
"may," "should," "potential," "continue," "expects," "anticipates,"
"intends," "plans," "believes," "estimates," and similar
expressions. These statements include statements regarding moving
forward with executing the Company's global growth strategy. The
statements are based upon current beliefs, expectations and
assumptions and are subject to a number of risks and uncertainties,
many of which are difficult to predict. The Company is providing
this information as of the date of this press release and does not
undertake any obligation to update any forward looking statements
contained in this press release as a result of new information,
future events or otherwise, except as required by law. We
have based these forward looking statements largely on our current
expectations and projections about future events and financial
trends affecting the financial condition of our business.
Forward looking statements should not be read as a guarantee of
future performance or results, and will not necessarily be accurate
indications of the times at, or by, which such performance or
results will be achieved. Important factors that could cause
such differences include, but are not limited to the Risk Factors
and other information set forth in the Company's Annual Report on
Form 10-K filed on March 28, 2014,
and in our other filings with the U.S. Securities and Exchange
Commission.
Contact:
Richard J. Sullivan
561-515-6163
info@gdsi.co
SOURCE Global Digital Solutions, Inc.