Capital Markets Veteran Michael Taglich Joins Bridgeline Digital's Board of
BURLINGTON, Mass., Nov. 1, 2013 (GLOBE NEWSWIRE) -- Bridgeline Digital, Inc.
(Nasdaq:BLIN), The Digital Engagement Company™, a leader in web engagement
management, is pleased to announce that Michael Taglich has joined Bridgeline
Digital's Board of Directors. Michael Taglich brings extensive professional
experience which spans various aspects of senior management, including
finance, operations and strategic planning.Mr. Taglich has more than 27 years
of financial industry experience, and served on his first public board over 20
years ago. Mr. Taglich is the Chairman and President of Taglich Brothers,
Inc., a New York City based securities firm which he co-founded in
1992.Taglich Brother's Inc. focuses on public and private micro-cap companies
in a wide variety of industries. He is currently the Chairman of the Board of
both Air Industries Group, a publicly traded aerospace and defense company
(NYSE:AIRI) and of BioVentrix, Inc., a privately held medical device company
whose products are directed at heart failure treatment.He also serves as a
director of a number of other private companies, and is a director of Caldera
Pharmaceuticals Inc., a drug screening company.
"Mike brings a plethora of business experience and capital markets experience
to Bridgeline, and I look forward to working very closely with him as we take
Bridgeline to new heights," says Bridgeline's President and CEO Thomas
Mr. Taglich personally owns over 467,000 shares of Bridgeline. Other
employees, affiliates and clients of Taglich Brothers own over 3,000,000
shares of Bridgeline Digital common stock.
Mr. Taglich stated, "I am very excited about the future of iAPPS and
Bridgeline Digital.The Company is at an inflection point, and I believe the
next 24 months will be exciting and rewarding to its shareholders."
About Bridgeline Digital
Bridgeline Digital (Nasdaq:BLIN), The Digital Engagement Company™, enables its
customers to maximize the performance of their mission critical websites,
intranets, and online stores. Bridgeline's iAPPS^® platform deeply integrates
Web Content Management, eCommerce, eMarketing, and Web Analytics to help
marketers deliver online experiences that attract, engage and convert their
customers across all digital channels. Bridgeline provides end-to-end Digital
Engagement solutions and boasts an award-winning team of interactive services
professionals. Headquartered in Burlington, Mass., with nine additional
locations throughout the U.S. and an Asia Pacific headquarters in Bangalore,
India, Bridgeline has thousands of customers that range from small- and
medium-sized organizations to Fortune 1000 companies. To learn more, please
visit www.bridgelinedigital.com or call (800) 603-9936.
Safe Harbor Statement under the Private Securities Litigation Reform Act of
All statements included in this press release, other than statements or
characterizations of historical fact, are forward-looking statements. These
forward-looking statements are based on our current expectations, estimates
and projections about our industry, management's beliefs, and certain
assumptions made by us, all of which are subject to change. Forward-looking
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similar expressions, and variations or negatives of these words. These
forward-looking statements are not guarantees of future results and are
subject to risks, uncertainties and assumptions, including, but not limited
to, the impact of the weakness in the U.S. and international economies on our
business, our inability to manage our future growth effectively or profitably,
fluctuations in our revenue and quarterly results, our license renewal rate,
the impact of competition and our ability to maintain margins or market share,
the limited market for our common stock, the volatility of the market price of
our common stock, the performance of our products, our ability to respond to
rapidly evolving technology and customer requirements, our ability to protect
our proprietary technology, the security of our software, our dependence on
our management team and key personnel, our ability to hire and retain future
key personnel, or our ability to maintain an effective system of internal
controls as well as other risks described in our filings with the Securities
and Exchange Commission. Any of such risks could cause our actual results to
differ materially and adversely from those expressed in any forward-looking
statement. We expressly disclaim any obligation to update any forward-looking
CONTACT: Brian Bolton
Bridgeline Digital, Inc.
Senior Vice President, Marketing
Bridgeline Digital, Inc. logo
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