Two DSS Board Members Join Sharing Services Global Corp. Board
October 22 2020 - 8:15AM
Document Security Systems, Inc. (“DSS” or the “Company”) (NYSE
American: DSS), a multinational company operating businesses
focusing on brand protection technology, blockchain security,
direct marketing, healthcare, real estate, and securitized digital
assets, today announced Sharing Services Global Corp. (OTCQB: SHRG)
(“Sharing Services”) appointed DSS Board Members Frank D. Heuszel
and Sassuan (Sam) Lee to serve as directors on its Board.
DSS owns 37% of the outstanding shares of
Sharing Services, a publicly traded diversified company dedicated
to maximizing shareholder value through the acquisition and
development of innovative companies, products, and technologies in
the direct selling industry. The Sharing Services combined platform
leverages the capabilities and expertise of various companies that
market and sell products direct to the consumer through independent
contractors.
“I look forward to being part of the team to
help grow Sharing Services and to build upon the success that their
team and the other Sharing Services Directors have already
achieved. I am excited about helping Sharing Services
continue to serve its customers, develop new products and markets,
to grow its independent representative network, and to build
shareholder value,” stated Heuszel, CEO of DSS.
"The success that this company has achieved thus
far is amazing and I hope to bring my expertise and international
business experience to the Board and continue to add value," stated
Lee.
About Document Security Systems,
Inc.
DSS is a multinational company operating
businesses focused on brand protection technology, blockchain
security, direct marketing, healthcare, real estate, and
securitized digital assets. Its business model is based on a
distribution sharing system in which shareholders will receive
shares in its subsidiaries as DSS strategically spins them out into
IPOs. Its historic business revolves around counterfeit deterrent
and authentication technologies, smart packaging, and consumer
product engagement. DSS is led by its Chairman and largest
shareholder, Mr. Fai Chan, a highly successful global business
veteran of more than 40 years specializing in corporate
transformation while managing risk. He has successfully
restructured more than 35 corporations with a combined value of $25
billion.
For more information on DSS
visit http://www.dsssecure.com.
Investor Contact:
Dave Gentry, CEORedChip Companies
Inc.407-491-4498Dave@redchip.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.
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