Global Digital Solutions, Inc.
777 South Flagler Dr., Suite 800 West Tower
West Palm Beach, FL 33401
Global Digital Solutions, Inc.’s Board of Directors Appoints Three Directors To The Board And Names Officers Of The Company
Richard J. Sullivan, Arthur F. Noterman and Stephanie C. Sullivan were appointed to the Board and Richard J. Sullivan and David A. Loppert were named officers of the Company. All appointments were effective August 12, 2013
Palm Beach, FL – August 15, 2013 – Global Digital Solutions, Inc. (PINKSHEETS:GDSI), a company that is positioning itself as a leader in providing small arms manufacturing, knowledge-
On August 12, 2013, the Board approved the appointments of Richard J. Sullivan, Arthur F. Noterman and Stephanie C. Sullivan to serve on the Company’s Board, effective immediately.
Also effective August 12, 2013, the Board appointed the following two officers of the Company: Richard J. Sullivan as President, Chief Executive Officer and Assistant Secretary; and David A. Loppert as Executive Vice President, Chief Financial Officer, Treasurer and Secretary. In addition, William J. Delgado, who had served as President, Chief Executive Officer and Chief Fincial Officer, continues in the role as Executive Vice President.
As President and Chief Executive Officer, Richard J. Sullivan will be responsible for the Company’s strategy, leadership and day-
Mr. Sullivan founded and from 1993 to 2003 served as Chairman and Chief Executive Officer of Applied Digital Solutions, Inc., a Nasdaq listed technology company that spawned two other successful listed companies of which he was Chairman of the Board, Digital Angel Corporation (AMEX) and VeriChip Corporation (Nasdaq).
Arthur F. Noterman is a Chartered Life Underwriter. Mr. Noterman has owned an Investment and Insurance business for over 40 years located in Massachusetts and is a registered FINRA Broker affiliated with a Cincinnati, Ohio Broker/ Dealer.
Stephanie C. Sullivan, is a business entrepreneur and has served, since May 2011, as financial manager at Alexis Miami, a privately held upscale women’s fashion designer and manufacturer.
William J. Delgado has, since August 2004, served as a Director, and as GDSI’s President, Chief Executive Officer and Chief Financial Officer. As the newly appointed Executive Vice President of GDSI, Mr. Delgado will be responsible, along with Mr. Sullivan, for business development. Mr. Delgado has over 33 years of management experience including strategic planning, feasibility studies, economic analysis, design engineering, network planning, construction and maintenance.
David A. Loppert will be responsible for the Company’s finance and administrative functions. He is a financial executive with over 30 years’ experience. Among other positions, he previously served as chief financial officer, secretary and treasurer of rVue Holdings, Inc. (OTCBB: RVUE), as vice president, chief financial officer and assistant secretary of Applied Digital Solutions, Inc. (NASDAQ: DIGI), and as chief executive officer of SysComm International Corporation, (NASDAQ: SYCM) a network and systems integrator, and an affiliate of Applied Digital. Mr. Loppert began his financial career with Price Waterhouse, an international accounting firm, in 1978 in Johannesburg, South Africa.
The Company’s four-
About Global Digital Solutions, Inc.
Global Digital Solutions is refocusing its business strategy on providing small arms manufacturing, knowledge-
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-
Richard J. Sullivan