Digital Domain Media Group Clarifies Future Plans for CEO and Chairman Position
08 9월 2012 - 2:26AM
Business Wire
Digital Domain Media Group, Inc. (NYSE: DDMG) today clarified
that following the departure of its Chairman and CEO, the Board of
Directors of the Company and its Interim Chief Operating Officer
are making decisions on behalf of the Company and that the Company
is weighing its options with regard to appointing a new Chairman
and CEO.
Safe Harbor Statement
Certain statements in this press release constitute
“forward-looking statements” within the meaning of the Private
Securities Litigation Reform Act of 1995. These statements include
comments about the Company's plans, prospects, strategies and
future performance. They are made on the basis of our management’s
current expectations and beliefs, as well as a number of
assumptions regarding future events and business performance as of
the time the statements are made. Such forward-looking statements
are subject to known and unknown risks, uncertainties, assumptions
and other important factors, many of which are outside the
Company’s control. These could cause actual results to differ
materially from the results expressed or implied in the
forward-looking statements.
Such differences may result from actions taken by the Company,
as well as from developments beyond the Company’s control,
including, but not limited to: price volatility of the Company’s
common stock; changes in domestic and global economic conditions,
competitive conditions and consumer preferences; our dependence on
a limited number of large projects each year, and the timing of
revenue flows from those projects; developments in the status of
strategic initiatives taken by the Company; audience acceptance of
feature films we may co-produce; and rapid technological
developments, including new forms of entertainment.
Further information on these and other factors and risks that
could affect our business is included in filings we make with the
Securities and Exchange Commission from time to time, including
under the heading “Risk Factors” in our Annual Report on Form 10-K
for the year ended December 31, 2012 and our Quarterly Report on
Form 10-Q for the quarter ended June 30, 2012. These documents are
available on the SEC Filings subsection of the Investors section of
the Company’s website at: http://www.ddmg.co.
Information on our website is not part of this press release.
All information provided in this press release is as of September
7, 2012, and the Company undertakes no obligation to update
publicly the information contained in this press release, or any
forward-looking statements, to reflect new information, events or
circumstances, or to reflect the occurrence of unanticipated
events.
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