VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 2, 2014) - Digital Shelf Space Corp. (the "Company" or "DSS") (TSX VENTURE:DSS)(PINKSHEETS:DTSRF) is pleased to announce that the Company's board of directors has appointed former Herbal Magic and Hair Club for Men President & CEO, Fraser Clarke to its board of directors. In addition to extremely relevant C-Level operating experience, Mr. Clarke is currently an advisor to or on the board of a number of non-competitive direct response businesses and a private equity firm that invested exclusively in healthy living.
"We are very pleased to have an experienced direct response veteran in Fraser Clarke joining our board of directors," said Jeffrey Sharpe, CEO for DSS. "With the addition of Patrick Baynes as our new President and now Fraser Clarke being added to our board, I am even more optimistic about the future of DSS. It's a phenomenal asset for management to have access to the experience and knowledge of Fraser Clarke, someone who knows the direct response industry inside and out."
"I am excited to be joining the board of DSS at this stage of their growth," said Mr. Clarke. "I have seen a lot of products, companies and management teams over the past 20 years, and I feel that DSS has some extremely valuable assets, a strong and passionate management team and now sufficient working capital to achieve its growth strategy. I look forward to working with the board and management to help capitalize on immediate opportunities and over time fulfill DSS' mission."
About Digital Shelf Space Corp.
Digital Shelf Space is an independent creator, producer and distributor of home entertainment content targeted at the fitness and sports instruction market. Digital Shelf Space's overall content partnership strategy is to align itself with world-class, global brand partners. For more information please visit www.digitalshelfspace.com and to view the Company's products please visit www.gsprushfit.com and www.touracademydvds.com.
ON BEHALF OF THE BOARD
Jeffrey Sharpe, CEO
Forward Looking Statements
This news release contains "forward-looking information" within the meaning of the Canadian securities laws. Forward-looking information is generally identifiable by use of the words "believes," "may," "plans," "will," "anticipates," "intends," "budgets", "could", "estimates", "expects", "forecasts", "projects" and similar expressions, and the negative of such expressions. Forward-looking information in this news release include statements about the use of proceeds received from the Offering.
In connection with the forward-looking information contained in this news release, Digital Shelf Space has made numerous assumptions. While Digital Shelf Space considers these assumptions to be reasonable, these assumptions are inherently subject to significant uncertainties and contingencies.
Additionally, there are known and unknown risk factors which could cause Digital Shelf Space's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained herein. Known risk factors include, among others: Digital Shelf Space may not use funds received from the Offering as currently contemplated; reliance on the health and marketability of celebrity fitness talent in productions owned by Digital Shelf Space; actual results from the use of celebrity fitness products may differ substantially from anticipated results; the substantial investment of capital required to produce and market video and entertainment productions, limitations imposed by our financing abilities, unpredictability of the commercial success of our programming, difficulties in integrating technological changes and other trends affecting the entertainment industry.
A more complete discussion of the risks and uncertainties facing Digital Shelf Space is disclosed in Digital Shelf Space's continuous disclosure filings with Canadian securities regulatory authorities at www.sedar.com. All forward-looking information herein is qualified in its entirety by this cautionary statement, and Digital Shelf Space disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events or developments, except as required by law.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the release.