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Digiliti Money Appoints Technology Executive, Brittany McKinney, to Board of Directors

MINNEAPOLIS, April 25, 2017 (GLOBE NEWSWIRE) -- Digiliti Money, Inc. (NASDAQ:DGLT), a leading mobile financial technology provider, has appointed Brittany McKinney to its board of directors and as chairperson of the audit committee, effective April 19. McKinney fills an independent seat opened in March, and maintains the board composition at nine members, with five serving independently.

McKinney has more than 20 years of experience in the technology industry, including significant experience with mergers and acquisitions. She is a founding partner of Oliver Brave, a management consulting firm that assists clients on strategic initiatives designed to accelerate business performance and increase enterprise value.

“Brittany brings deep strategic, financial and operational expertise to our board,” said Jeffrey Mack, Digiliti Money chairman, president and CEO. “We look forward to benefiting from her insights and guidance, as our company embarks on a new phase of growth and development—highlighted recently by a successful equity offering, our listing on the Nasdaq and company rebranding.”

McKinney was previously president and CEO of Analysts International, a $100-million publicly traded IT staffing and services company. She earlier served in various leadership and operational roles at Fujitsu, BORN Information Systems, Manchester Companies and Accenture. She holds a bachelor’s degree in accounting and a Master of Business Administration from St. Cloud State University.

According to McKinney: “Digiliti Money is a recognized mobile money technology leader, with award-winning solutions and an expanding world-class customer base. I’m excited for this opportunity to work with management and the board in developing and executing strategies that will help drive continued growth and client acquisition.”

About Digiliti Money, Inc.
Digiliti Money is a leading cloud-based, SaaS technology provider serving the financial services industry with mobile money and remote deposit capture solutions for PC, Mac and mobile. Founded in 2010, Digiliti Money has quickly grown into a technology leader and trusted partner of some of the world’s largest and most respected financial organizations. With remarkable growth, an impressive client base and award-winning technologies, Digiliti Money continues to drive innovation and deliver world-class solutions to financial institutions of all sizes.

The company's industry-leading solutions help clients to increase customer engagement, grow revenues and gain competitive advantage. Digiliti Money’s cloud-based technology platform simplifies development, deployment and servicing of consumer and commercial solutions—minimizing cost and accelerating speed-to-market and ROI. Enabled by Digiliti Money’s complete suite of business and consumer solutions, financial institutions can better serve the needs of all their customers. For more information, visit www.digilitimoney.com.

Important Cautions Regarding Forward-Looking Statements
This press release contains certain statements that would be deemed "forward-looking statements" under Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1933. Words such as "may," "likely," "anticipate," "expect" and "believes" indicate forward-looking statements.

These statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performances or achievements expressed or implied by the forward-looking statements.

Forward-looking statements reflect our current views with respect to future events, are based on assumptions and are subject to risks and uncertainties. We discuss many of these risks in greater detail in our Annual Report on Form 10-K for the fiscal year ended December 31, 2015, filed with the Securities and Exchange Commission on April 14, 2016, under the heading "Risk Factors" and in the other reports we file with the Commission. You are cautioned not to place undue reliance on these forward-looking statements. Also, forward-looking statements represent our estimates and assumptions only as of the date of this press release. Except as required by law, we assume no obligation to update any forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in any forward-looking statements, even if new information becomes available in the future.

Company Contact: Bryan Meier, EVP & CFO Digiliti Money, Inc. Tel 952.698.5214 bmeier@digilitimoney.com Investor Relations Contact: Matt Glover or Najim Mostamand Liolios Group, Inc. 949-574-3860 DGLT@liolios.com

Source:Digiliti Money, Inc.