CORRECTING & REPLACING Intellicheck Announces the Appointment of Bill White as Interim President & CEO & the Departure of Wil...
October 04 2017 - 6:32PM
Business Wire
Second paragraph, first sentence should read: Mr. White, who has
served as Intellicheck’s CFO for more than five years... (instead
of Mr. White, who has served as Intellicheck’s CEO for more than
five years...).
The corrected release reads:
INTELLICHECK ANNOUNCES THE APPOINTMENT OF BILL WHITE AS
INTERIM PRESIDENT AND CEO AND THE DEPARTURE OF WILLIAM ROOF
Intellicheck, Inc. (NYSE AMERICAN:IDN), an industry leader in
delivering real-time threat identification and identification
authentication that provides the antivirus to the epidemic of
counterfeit IDs, today appointed current Chief Financial Officer
Bill White to the positions of Interim President and Chief
Executive Officer effective October 4, 2017. Mr. White is replacing
William Roof, Ph.D., who has agreed to retire from the Company at
the request of the board of directors.
Mr. White, who has served as Intellicheck’s CFO for more than
five years, has more than 30 years of experience in financial
management, operations and business development. He started his
career in public accounting. Mr. White holds a Bachelor of Arts in
Business Administration from Washington State University, and is a
Certified Fraud Examiner. During the interim period, while a CEO
search is being conducted, Mr. White will also continue to serve as
the Company’s Chief Financial Officer.
Chairman of the Board of Directors, Vice Admiral Michael Malone
said, “We’d all like to express our thanks to Bill Roof for his
three years of hard work rebranding our products, cutting expenses
and reorganizing Intellicheck. I have asked Dr. Roof to stay on as
a strategic consultant, so we can continue to benefit from his
technical knowledge. In addition, I’d like to express my thanks to
Bill White for stepping into the CEO role on an interim basis. He
is highly familiar with all aspects of the company. This transition
will be seamless.”
Bill White noted, “It has been a pleasure to work with Bill
these past three years and I want to wish him the best in his
well-deserved retirement. I also want to thank the Board of
Directors for their confidence in me. I’m very excited about
Intellicheck’s future.”
About Intellicheck NYSE AMERICAN:IDN
Intellicheck is the industry leader in technology solutions that
are the antivirus to the epidemic of counterfeit IDs providing
real-time threat identification and identification authentication.
Our technology solutions make it possible for our clients to
enhance the safety and awareness of their facilities and people,
improve customer service, and increase operational efficiencies.
Founded in 1994, Intellicheck has grown to serve dozens of Fortune
500 companies including retail and financial industry clients,
police departments, national defense clients at agencies, major
seaports, and military bases, and diverse state and federal
government agencies. The Company holds 25 patents including many
patents pertaining to identification technology. For more
information on Intellicheck, visit http://www.intellicheck.com/ and
follow Intellicheck on Twitter @IntellicheckIDN, on Instagram
@IntellicheckIDN, on LinkedIn
https://www.linkedin.com/company/intellicheck-inc-, on Facebook
https://www.facebook.com/intellicheckidn/ on YouTube
https://www.youtube.com/user/ICMOBIL, and read Intellicheck’s
latest blog post at http://intellicheckidn.com/.
Safe Harbor Statement
Statements in this news release about Intellicheck’s future
expectations, including: the advantages of our products, future
demand for Intellicheck’s existing and future products, whether
revenue and other financial metrics will improve in future periods,
whether Intellicheck will be able to execute its turn-around plan
or whether successful execution of the plan will result in
increased revenues, whether sales of our products will continue at
historic levels or increase, whether brand value and market
awareness will grow, whether the Company can leverage existing
partnerships or enter into new ones, and all other statements in
this release, other than historical facts, are “forward-looking
statements” within the meaning of the Private Securities Litigation
Reform Act of 1995 (PSLRA). These statements, which express
management’s current views concerning future events, trends,
contingencies or results, appear at various places in this website
and use words like “anticipate,” “assume,” “believe,” “continue,”
“estimate,” “expect,” “forecast,” “future,” “intend,” “plan,”
“potential,” “predict,” “project,” “strategy,” “target” and similar
terms, and future or conditional tense verbs like “could,” “may,”
“might,” “should,” “will” and “would are forward-looking statements
within the meaning of the PSLRA .This statement is included for the
express purpose of availing Intellicheck, Inc. of the protections
of the safe harbor provisions of the PSLRA. It is important to note
that actual results and ultimate corporate actions could differ
materially from those in such forward-looking statements based on
such factors as market acceptance of Intellicheck’s products and
the presently anticipated growth in the commercial adoption of the
Company’s products and services, changing levels of demand for
Intellicheck’s current and future products, Intellicheck’s ability
to reduce or maintain expenses while increasing sales, customer
results achieved using our products in both the short and long
term, success of future research and development activities,
Intellicheck’s ability to successfully manufacture, market and sell
its products, Intellicheck’s ability to manufacture its products in
sufficient quantities to meet demand within required delivery time
periods while meeting its quality control standards, any delays or
difficulties in the Company’s supply chain, the success of the
Company’s sales and marketing efforts coupled with the typically
long sales and implementation cycle for its products,
Intellicheck’s ability to enforce its intellectual property rights,
changes in laws and regulations applicable to the Company’s
products, the Company’s continued ability to access
government-provided data, the risks inherent in doing business with
the government including audits and contract cancellations,
liability resulting from any security breaches or product failure,
and other risks detailed from time to time in Intellicheck’s
reports filed with the SEC. We do not assume any obligation to
update the forward-looking information.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20171004006414/en/
Intellicheck, Inc.Media and Public Relations:Sharon Schultz,
302-539-3747orInvestor Relations:Gar Jackson, 949-873-2789
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