SIMI VALLEY, CA--(Marketwired - Dec 21, 2016) - Monster Digital, Inc. (NASDAQ: MSDI) ("Monster Digital" or the "Company"), which develops, markets and distributes Monster Digital branded products for use in high-performance consumer electronics, mobile products and computing applications, today announced that, due to other time commitments, Jon Orban has departed from the Company.
Mr. Orban served as a member of the Company's Board of Directors and the Company's Director of Strategy and Restructuring. Mr. Orban stated "The Company has made great strides in product, process and personnel. The Company and management are poised for success."
David H. Clarke, Chairman and CEO of Monster Digital stated, "We wish to thank Jon Orban for his many contributions to the Company. We wish him every success in his future endeavors."
About Monster Digital, Inc.
Monster Digital develops, markets and distributes Monster branded products for use in high-performance consumer electronics, mobile products and computing applications. The Company designs and engineers premium action sports cameras and accessories, in addition to advanced data storage and memory products for professionals and consumers.
Monster and Monster Digital are registered trademarks of Monster Products, Inc. in the U.S. and other countries.
For more information about the Company, please visit http://www.monsterdigital.com.
Some of the statements in this release are forward-looking statements within the meaning of Section 27A of the Securities Act, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995, which involve risks and uncertainties. Such forward looking statements include, but are not limited to, statements that relate to the existing and anticipated closings of the placement. These statements relate to future events, future expectations, plans and prospects. Although Monster Digital believes that the expectations reflected in such forward-looking statements are reasonable as of the date made, expectations may prove to have been materially different from the results expressed or implied by such forward-looking statements. Monster Digital has attempted to identify forward-looking statements by terminology including ''believes,'' ''estimates,'' ''anticipates,'' ''expects,'' ''plans,'' ''projects,'' ''intends,'' ''potential,'' ''may,'' ''could,'' ''might,'' ''will,'' ''should,'' ''approximately'' or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties, and other factors, including those discussed under the heading "Risk Factors" in our Registration Statement on Form S-1 filed with the Securities and Exchange Commission on July 7, 2016, (Registration No. 333-207938). Any forward-looking statements contained in this release speak only as of its date. We undertake no obligation to update any forward-looking statements contained in this release to reflect events or circumstances occurring after its date or to reflect the occurrence of unanticipated events.