Chairman of the Board Heng Fai Ambrose Chan Adds 672,173 Shares to Increase Investment in Company

NEW YORK, Jan. 04, 2024 (GLOBE NEWSWIRE) -- DSS, Inc. (NYSE American: DSS, “Company”), a multinational company operating across four distinct market sectors, announced today a significant investment by its Chairman of the Board, Heng Fai Ambrose Chan. In a strategic move to bolster shareholder confidence and underscore his commitment to the company’s growth. Chairman Chan acquired an additional 672,173 shares of DS, Inc. in an open market transaction on December 28, 2023.

Frank Heuszel, CEO of DSS, Inc., expressed his enthusiasm for Mr. Chan's increased stake, viewing it as a strong vote of confidence in the company's strategic direction and future potential. Heuszel said, "Chairman Chan's decision to augment his investment in DSS reflects his firm belief in our vision and business plan."

The company’s growth trajectory has been particularly evident in its wholly-owned subsidiary, DSS Securities, Inc., which encompasses Sentinel Brokers and DSS Wealth Management. Following a strategic expansion of its team, DSS Securities has experienced a notable increase in its Assets Under Management (AUM). This growth, coupled with the implementation of innovative marketing strategies and a steadfast commitment to creating shareholder value, positions DSS for a promising 2024.

Additionally, Heuszel highlighted the remarkable progress of Premier Packaging, another key subsidiary under the DSS umbrella. Following a substantial capital expenditure commitment, Premier Packaging has achieved impressive strides in both client retention and the acquisition of new business, further solidifying its market position and growth.

DSS, Inc.'s latest moves, spearheaded by Chairman Chan's investment and the subsidiaries' robust performance, signal a strong outlook for the company as it continues to execute its strategic business plan and explores new avenues for growth and value creation for its shareholders.

About DSS, Inc.

DSS is a multinational company operating businesses within four diversified market sectors: Product Packaging, Biotechnology, Commercial Lending, Securities and Investment Management, Alternative Trading, Digital Transformation, Secure Living, and Alternative Energy. DSS strategically acquires and develops assets to increase shareholder value through periodic IPO spinoffs. Since 2019, under the guidance of new leadership, DSS has built the necessary foundation for achievable growth through the formation of a diversified portfolio of companies positioned to drive profitability in multiple high-growth sectors.