LAS VEGAS, July 24, 2019 /PRNewswire/ -- Remark
Holdings, Inc. (NASDAQ: MARK), a diversified global technology
company with leading artificial intelligence ("AI") solutions and
digital media properties, today announced that Alison Davidson, the Company's Interim Chief
Financial Officer ("CFO"), will step down on August 2, 2019. Ms. Davidson will be
relocating to the East Coast with her family and will therefore
pursue other endeavors. The Company also announced that it is in
the final stages of the CFO search process and expects to name a
new CFO soon.
"On behalf of the Board of Directors and everyone at Remark, I
would like to thank Alison for her dedication and service to the
Company during the past six years and we all wish her and her
family well in pursuing new opportunities on the East Coast," said
Kai-Shing Tao. "Also, we are in the
final stage of our permanent CFO search and are in discussions with
qualified candidates who match the unique needs of our company. We
expect to make a decision in the near future."
About Remark Holdings, Inc.
Remark Holdings, Inc.
(NASDAQ: MARK) delivers an integrated suite of AI solutions that
enable businesses and organizations to solve problems, reduce risk
and deliver positive outcomes. The company's easy-to-install AI
products are being rolled out in a wide range of applications
within the retail, financial, public safety and workplace arenas.
The company also owns and operates digital media properties that
deliver relevant, dynamic content and ecommerce solutions. The
company is headquartered in Las Vegas,
Nevada, with additional operations in Los Angeles, California and in Beijing, Shanghai, Chengdu and Hangzhou, China. For more information, please
visit the company's website at www.remarkholdings.com.
This press release may
contain forward-looking statements, including information relating
to future events, future financial performance, strategies,
expectations, competitive environment and regulation. Words such as
"may," "should," "could," "would," "predicts," "potential,"
"continue," "expects," "anticipates," "future," "intends," "plans,"
"believes," "estimates," and similar expressions, as well as
statements in future tense, identify forward-looking statements.
These statements involve known and unknown risks, uncertainties and
other factors, including those discussed in Part I, Item 1A. Risk
Factors in Remark Holdings' Annual Report on Form 10-K and Remark
Holdings' other filings with the SEC. Any forward-looking
statements reflect Remark Holdings' current views with respect to
future events, are based on assumptions and are subject to risks
and uncertainties. Given such uncertainties, you should not place
undue reliance on any forward-looking statements, which represent
Remark Holdings' estimates and assumptions only as of the date
hereof. Except as required by law, Remark Holdings undertakes no
obligation to update or revise publicly any forward-looking
statements after the date hereof, whether as a result of new
information, future events or otherwise.
Remark Holdings, Inc.
The Plunkett Group, Inc.
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SOURCE Remark Holdings, Inc.