SOURCE: IDW Media Holdings

IDW Media Holdings

June 15, 2016 16:57 ET

Kenneth Traub Joins IDW Media Holdings Board of Directors

SAN DIEGO, CA--(Marketwired - Jun 15, 2016) - IDW Media Holdings (OTC PINK: IDWM) has appointed Managing Partner of Raging Capital Management, Kenneth H. Traub, to its board of directors.

Mr. Traub brings over 25 years of senior management, corporate governance, and transactional experience with various public and private companies as Chief Executive Officer, director and active investor. His broad experience encompasses managing dynamic growth, transitions, turnarounds, strategic transactions and liquidity events. Traub earned an MBA from Harvard Business School in 1988. Raging Capital Management is an investment management firm headquartered near Princeton, NJ. Raging Capital Master Fund owns 745,699 shares of IDW Media Holdings.

"We are delighted to add the talent of this respected executive with a strong track record of success to our Board," said IDW Media Holdings CEO Ted Adams. "Ken has extraordinary business expertise and his keen insight makes him a great fit for the IDW Media Holdings Board."

"I am thrilled to be joining the board of IDW at this exciting time for the company," said Kenneth Traub. "I am looking forward to working with the rest of the IDW board and management team as the company explores a wide range of opportunities to capitalize on its award winning content and continues to grow into a fully integrated media company."

All statements above that are not purely about historical facts, including, but not limited to, those in which we use the words "believe," "anticipate," "expect," "plan," "intend," "estimate," "target" and similar expressions, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. While these forward-looking statements represent our current judgment of what may happen in the future, actual results may differ materially from the results expressed or implied by these statements due to numerous important factors. Our filings with the SEC provide detailed information on such statements and risks, and should be consulted along with this release. To the extent permitted under applicable law, we assume no obligation to update any forward-looking statements.

About IDW Media Holdings
IDW Media Holdings (OTC: IDWM) is a fully integrated media company, which includes the award-winning IDW Publishing, IDW Games, IDW Entertainment, Top Shelf Productions, the San Diego Comic Art Gallery, and CTM Media Group Inc. a subsidiary of IDW Media Holdings (OTC:IDWM, OTCBB:IDWM, OTCPK:IDWM). CTM Media Group Inc. is one of North America's largest distributors of tourism information. Distributing over 100 million brochures last year, CTM's comprehensive visitor out of home marketing network includes over 14,000 brochure information displays and 400 award-winning touch screen kiosks.

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