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Document Security Systems, Inc. Adds Two New Independent Directors to Its Board of Directors

Document Security Systems, Inc., a leader in anti-counterfeit, authentication, and diversion protection technologies, today announced the naming of Brett Scott and Stan Grisham to its Board of Directors, effective May 1, 2019. In addition to serving as Board members, Messrs. Scott and Grisham and will also serve as members of the Company’s Audit Committee.

Mr. Scott is a Certified Public Accountant and has served as CFO for a variety of private and publicly traded companies.  Since 2014, Mr. Scott has been the Chief Financial Officer at Neuroptics, Inc., a commercial stage medical device company that develops and manufactures innovative ophthalmic products to research organizations, hospitals and physicians worldwide. Mr. Scott has proven experience in the financial operations, executive leadership, equity market management and corporate governance of numerous public and private corporations including Ocutrx Vision Technologies LLC, Raptor Pharmaceuticals, Inc., Spectrum Pharmaceuticals, Inc., Biolase Technology, Inc., North American Scientific, Alsius Corporation, Irvine Biomedical, Inc., Pain Concepts, Inc., Cardiac Science, Inc. and Neuro Navigational Corporation.  Mr. Scott received his B.S. Business Administration from the University of Southern California.

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Mr. Grisham is currently an independent business consultant providing guidance, expertise, and solutions to middle market companies.  His respected leadership is a result of over 40 years in business, commercial banking and finance to enterprises and stakeholders seeking tailored solutions that address opportunities and challenges encountered due to organizational transition, growth or changes in market, financial, and/or regulatory conditions.  Mr. Grisham began his career with Texas Commerce Bancshares (now JP Morgan Chase) in Houston.   Subsequent to Texas Commerce, has was Market President for Texas State Bank and managed Commercial Lending for BBVA Texas.  Following BBVA’s acquisition of Texas Regional Bancshares (TRBS), he was Manager Specialty Lending at Community Bank of Texas. Mr. Grisham has extensive experience in market development & sales enterprise, customer relationship management, asset acquisition/divestiture, alternative funding sources, asset recovery, document/contract negotiation and enterprise risk management.  Mr. Grisham holds a Bachelor of Business Administration from the University of Houston, graduated with distinction from Southwestern Graduate School of Banking, Cox School of Business, SMU, and from BBVA USA School of Management, McCombs School of Management, The University of Texas.

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We are very pleased to welcome Brett Scott and Stan Grisham to the DSS board of directors,” stated Frank D. Heuszel, DSS interim CEO/CFO.  “They each bring an impressive record of business accomplishment, operational leadership and financial expertise that will assist DSS in its future development and strategic growth initiatives,” added Heuszel.

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