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CST: 14/12/2019 23:25:21   

Document Security Systems, Inc. Appoints Jason Grady as Chief Operating Officer

151 Days ago

ROCHESTER, N.Y., July 16, 2019 (GLOBE NEWSWIRE) -- Document Security Systems, Inc. (NYSE American: DSS), ("DSS") (the “Company”), a leader in anti-counterfeit, authentication, product diversion and brand protection technologies, today announced that Mr. Jason Grady has been appointed Chief Operating Officer, effective immediately. 

“We are very pleased to appoint Jason as our new Chief Operating Officer, and look forward to his guidance and leadership as our focus remains on increasing top and bottom line performance across all corporate divisions, and strategically pursuing new market opportunities to create long-term, growing value for our shareholders,” stated Frank Heuszel, CEO of Document Security Systems, Inc. 

For the past year, Mr. Grady has served as President of the Company’s packaging and printing division, Premier Packaging Corp. (“Premier”) and from January 2014 - July 2018, served as Premier’s Vice President of Sales.  From June 2010 – December 2013, Jason was Director of Sales and Marketing for DSS, responsible for the overall sales and market strategy of the Company and its subsidiaries.   Mr. Grady previously served as Business Development Director for Berlin Packaging from May 2009 – August 2010 where he led the creation of an innovative new vertical market selling approach that leveraged key capabilities and grew new accounts by 30%.    From October 2004 – April 2009 Jason was the Director of Marketing at Parlec, Inc., a global machine tool manufacturer and distributor where he led marketing, sales and branding initiatives for multiple markets and distribution channels that increased sales by 40% worldwide consecutively over a three-year period.

As Chief Operating Officer of DSS, Jason will provide his leadership, management and vision to guide the organization in the execution of growth-focused strategies and product development. Mr. Grady will be responsible for supervising current DSS operating divisions Premier Packaging Corp., Plastic Printing Professionals, Inc. and DSS Digital, monitoring internal processes, identifying and employing the most efficient methods of running the organization, participating in financial and business planning, advising the CEO about financial decisions and guiding the growth and structure of the Company resulting from any M&A and internal organic growth.  In addition, Mr. Grady will be integral in managing and advising regarding the direction of the Company’s four newly formed subsidiaries, DSS Blockchain Security, Inc., Decentralize Sharing Systems, Inc., DSS Securities, Inc., DSS BioHealth Security, Inc.

Mr. Grady is a graduate of Rochester Institute of Technology where he received his Master of Business Administration (MBA) and Bachelor of Fine Arts (BFA).

ABOUT DOCUMENT SECURITY SYSTEMS, INC.
For over 16 years, Document Security Systems, Inc. (“DSS”) has protected corporations, financial institutions, and governments from sophisticated and costly fraud.  DSS' innovative anti-counterfeit, authentication, and brand protection solutions are deployed to prevent attacks which threaten products, digital presence, financial instruments, and identification.  AuthentiGuard®, the Company's flagship product, provides authentication capability through a smartphone application so businesses can empower a wide range of employees, supply chain personnel, and consumers to track their brands and verify authenticity.  For more information visit www.dsssecure.com.

Keep up to date on DSS events and developments, join our online communities at Facebook, Twitter and LinkedIn.

Contact Information:
Investor Relations
Document Security Systems, Inc.
Tel: (585) 232-5440
Email: ir@dsssecure.com

FORWARD-LOOKING STATEMENTS
Forward-looking statements that may be contained in this press release, including, without limitation, statements related to the Company’s plans, strategies, objectives, expectations, potential value, intentions and adequacy of resources, are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act and contain words such as “believes,” “anticipates,” “expects,” “plans,” “intends” and similar words and phrases. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from the results projected in any forward-looking statement. In addition to the factors specifically noted in the forward-looking statements, other important factors, risks and uncertainties that could result in those differences include, but are not limited to, our ability to continue the growth in sales of AuthentiGuard and manage our expenses, as well as those risks disclosed in the “Risk Factors” section of the Company’s Annual Report on Form 10-K for the year ended December 31, 2018, filed with the Securities and Exchange Commission on March 15, 2019.  Forward-looking statements that may be contained in this press release are being made as of the date of its release, and the Company assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking statements.

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