Thursday, September 12, 2013

GlobalWise Investments, Inc. (GWIV) Appoints New Board Member

GlobalWise Investments and its wholly owned subsidiary Intellinetics, a leading-edge technology company focused on the design, implementation, and management of cloud-based Enterprise Content Management (“ECM”) systems in both the public and private sectors, today announced that Robert Schroeder has been appointed to the Board of Directors of GlobalWise effective September 10, 2013. Mr. Schroeder was also appointed to the Audit Committee of the Board.

“We’re very pleased to announce that Robert Schroeder has joined our Board of Directors,” stated Matthew Chretien, Interim President and CEO of GlobalWise. “Rob brings a wealth of capital market and public company experience to our Board.”

“I am excited to join the Board of GlobalWise and look forward to working with Matt and the rest of the management team,” commented Mr. Schroeder.

As disclosed previously in SEC filings, pursuant to the terms of the private placement effected on February 28, 2013, and March 6, 2013, the placement agent relating to the Private Placement, Taglich Brothers, Inc., has an exclusive right to appoint one director of the Board of Directors of the company for a period of two years. Mr. Schroeder’s appointment to the Board was made upon the recommendation of Taglich Brothers.

Robert Schroeder is Vice President of Investment Banking of Taglich Brothers, Inc. and specializes in advisory services and capital raising for small public and private companies. Prior to that, Mr. Schroeder served as Senior Equity Analyst publishing sell-side research on publicly traded companies. Prior to joining Taglich Brothers, he served in various positions in the brokerage and public accounting industry. Mr. Schroeder received a B.S. degree in accounting and economics from New York University. He currently serves on the board of directors of Air Industries Group, a publicly traded manufacturer of aerospace parts and assemblies, and privately held APR LLC, an automotive engineering firm providing performance aftermarket products and software.

For more information, visit www.globalwiseinvestments.com

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