CHANTILLY, VA – November 6, 2018 – Novume Solutions, Inc. (NASDAQ: NVMM), a holding company of leading specialty professional services and technology firms, announced today it has appointed David Hanlon to its Board of Directors, effective immediately. Hanlon will replace Dr. Marta Tienda, who resigned from the Board of Directors effective November 5, 2018.
Hanlon is a founding principal of strategic advisory and asset management firm Executive Hospitality Partners and CEO of Hanlon Investments. Hanlon has led some of the premier companies in the world, including Rio Suites Hotel Casino, Resorts International, Harrah’s Atlantic City, and Caesars World, spearheading growth and profitability as the gaming industry began rapid expansion. He holds a BS in Hotel Administration from Cornell, earned an MBA in Finance and an MS in Accounting from The Wharton School, and graduated from the Advanced Management Program at the Harvard Business School.
“We are thrilled to add such an experienced and talented executive as Dave to our Board of Directors. Dave has guided multiple businesses during a period of high industry growth. This will be a tremendous asset for Novume as we continue the integration of AI technologies within our business units and proprietary products,” said Robert Berman, Novume’s CEO. “Dave’s experience in leading large businesses during a period of unprecedented growth and change will be vital as we continue to develop market-leading solutions that harness the power of new technologies for burgeoning industries. We look forward to his immediate impact on the Board.”
Commenting on his appointment and the direction of Novume, Hanlon said, “I’m honored for the opportunity to join Novume’s Board of Directors during such an exciting time for the company. With a legacy of four business units each operating successfully for years in their respective markets, the company through its recent technology engagement is well positioned in each of these sectors. I look forward to working with my fellow Directors and to lend my expertise in product growth and profitability.”
“We would like to thank Marta Tienda for all of her contributions to Novume during her time on the Board of Directors. She has provided valuable insights to guide our development as a public company. It has been a pleasure working with her and we wish her luck on all of her future endeavors,” said James McCarthy, Chairman of the Board of Novume. “We also look forward to welcoming Dave to the Board and to integrating his perspective and expertise, which we believe will make an immediate impact on the Company.”
About Novume Solutions, Inc.
Novume provides products and services to both government and private sector clients, with an emphasis on public safety, risk management and workforce solutions. We are a holding company that integrates technology and human capital to solve complex client challenges in today’s world. We provide Solutions for a New Generation. For more information, please visit novume.com, or connect with us on Twitter, LinkedIn, or Facebook.
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Robert A Berman
All statements in any Novume press release and in all future press releases that do not directly and exclusively relate to historical facts constitute “forward-looking statements.” These statements represent Novume’s intentions, plans, expectations and beliefs, and are subject to risks, uncertainties and other factors, many of which are outside Novume’s control. Many factors could cause actual results to differ materially from such forward-looking statements. For a written description of risk factors that could cause actual result in Novume’s business to differ materially from forward looking statements regarding those matters, see the section titled “Risk Factors” in Novume’s Form S-4 deemed effective by the SEC on August 3, 2017 and any updating information in Novume’s subsequent SEC filings. Novume disclaims any intention or obligation to update these forward-looking statements whether as a result of subsequent event or otherwise, except as required by law.