Prepress
Document Security Systems, Inc. Regains Full NYSE Amex Compliance
Monday 21. March 2011 - Document Security Systems, Inc. (NYSE Amex: DMC; "DSS") announced today that it received correspondences from NYSE Amex LLC ("NYSE Amex") dated March 15, 2011 confirming that its Additional Listing Applications have been approved by NYSE Amex and that DSS has regained full compliance with NYSE Amex continued listing requirements.
DSS, a leader in counterfeit prevention technologies and manufactured printed products, ran into a temporary compliance issue as a result of a continued listing deficiency stemming from an agreement it entered into with a large investor. The parties amended certain provisions of the agreements and warrants to the satisfaction of NYSE Amex management, and DSS has resolved the continued listing deficiency referenced in the NYSE Amex’s letter to DSS dated January 25, 2011.
In addition, DSS is pleased to announce that effective on February 7, 2011, DSS hired full-time in-house corporate counsel, Jeffrey D’Angelo, who will serve as Vice President, General Counsel for DSS. Mr. D’Angelo was formerly a corporate attorney at the law firm of Woods Oviatt Gilman LLP, in Rochester, New York, prior to joining DSS.