DES MOINES, Iowa, Nov. 17, 2014 (GLOBE NEWSWIRE) -- DomiKnow, Inc. (OTC:DMNO) today announced that the Board of Directors has accepted the resignation of John R. Stokka as President, CEO and Chairman of the Board of the database company.
"The company is grateful for John's many contributions to DomiKnow, including his leadership role in guiding the company from a start-up to a publicly traded entity," said Mark White, the company's CFO. "We wish him all the best in his future endeavors."
Mr. Stokka's resignation was submitted to Mark White, CFO, who was appointed by the board to identify a new core business strategy and secure additional financing for the company which has struggled with securing adequate capital to fully deploy its big data and digital marketing platforms.
"We are now at the completion of the business repositioning process with which I was charged in July of this year," said Mr. White, "and I expect to have an announcement in the coming days regarding the appointment of a replacement CEO and the deployment of a revised business strategy."
About DomiKnow, Inc.
DomiKnow, Inc. is a digital marketing company serving small business by deploying sophisticated tools and tactics using big data normally only affordable by large companies.
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company's current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
CONTACT: Mark White email@example.com