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GDSI Global Digital Solutions Inc (CE)

0.0001
0.00 (0.00%)
17 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Global Digital Solutions Inc (CE) USOTC:GDSI OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0001 0.00 01:00:00

Former United States Senator Scott Brown Will Provide Strategic Counsel To Global Digital Solutions, Inc. (GDSI) As A Member ...

09/09/2013 1:00pm

PR Newswire (US)


Global Digital Solutions (CE) (USOTC:GDSI)
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PALM BEACH, Fla., Sept. 9, 2013 /PRNewswire/ --Global Digital Solutions, Inc. (GDSI), a company that is positioning itself as a leader in providing small arms manufacturing, complementary security and technology solutions and knowledge-based, cyber-related, culturally attuned social consulting in unsettled areas, announced today that Scott Brown, former United States Senator from Massachusetts, has joined the company's Advisory Board.    

"We're thrilled to have someone with Scott Brown's national stature and extensive government experience on our Advisory Board," said GDSI's President and CEO Richard J. Sullivan.  "Scott's leadership roles at both the state and federal levels – with a consistent focus on security-related issues – and his longtime service in the Army National Guard give him great perspective, experience and relationships that will be very helpful to GDSI going forward.  I personally look forward to benefiting from Scott's invaluable advice and guidance with regard to the Airtronic merger and our overall strategic direction."

During his U. S. Senate career, Senator Brown served on three committees dealing with security and veterans issues:  The Committee on Armed Services, the Committee on Homeland Security and Governmental Affairs, and the Committee on Veterans' Affairs. 

"I'm very excited about joining GDSI's growing team of expert advisors," commented Senator Brown.  "I see a great deal of upside potential for the GDSI and Airtronic combination and I applaud Dick Sullivan and the entire GDSI team for their bold strategic vision.  It's vitally important to me that we're boosting U.S. manufacturing and security while addressing issues related to job creation, innovation and advanced cyber technology."   

As previously announced, the GDSI Advisory Board now includes former Florida Lt. Governor Jennifer Carroll, 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.  Jennifer Carroll is expected to become President and Chief Operating Officer of GDSI once the planned merger with Airtronic USA, Inc. ("Airtronic") has been completed.

More About Senator Scott Brown
Scott Brown served three terms in the Massachusetts House of Representatives before his election to the Massachusetts Senate in 2004.  In 2010 he became the first Republican elected to the U.S. Senate since 1970.  For more than 30 years, Senator Brown has served in the Army National Guard, and he currently holds the rank of Colonel in the Judge Advocate General (JAG) Corps. He completed his annual training requirements for the National Guard in Afghanistan in the summer of 2011.  Senator Brown is a graduate of Tufts University and Boston College Law School. 

About Global Digital Solutions, Inc.
Global Digital Solutions is positioning itself as a leader in providing small 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.

About Airtronic USA, Inc.
Airtronic is an electro-mechanical engineering design and manufacturing company. It provides small arms and small arms spare parts to the U.S. Department of Defense, foreign militaries, and the law enforcement market.  The company also manufactures medical, avionics, and telecommunications original equipment. The company's products include grenade launchers, rocket propelled grenade launchers, grenade launcher guns, flex machine guns, grenade machine guns, rifles, and magazines. Founded in 1990, the company is based in Elk Grove Village, Illinois.  On May 16, 2012, the voluntary petition of Airtronic, Inc. for liquidation under Chapter 7 was converted to chapter 11 reorganization. The company had filed for chapter 7 bankruptcy on March 13, 2012. For more information, please visit www.Airtronic.net.

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.  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.  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 Registration Statement on Form 10 filed on August 9, 2013, and in our other filings with the U.S. Securities and Exchange Commission.

Contact:

W. J. Delgado
916-838-8833
info@gdsi.co

Richard J. Sullivan
561-515-6163
info@gdsi.co

SOURCE Global Digital Solutions, Inc.

Copyright 2013 PR Newswire

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