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DGSE Announces Appointment Of C. Brett Burford As Chief Financial Officer

DGSE Companies, Inc. (“DGSE” or the “Company”) (NYSE MKT: DGSE) announced today that its Board of Directors has appointed C. Brett Burford, age 45, to serve as the Company's Chief Financial Officer and Principal Financial Officer, effective August 31, 2012. Mr. Burford replaces Matthew Auger, who, until the date of Mr. Burford’s appointment, had served as Interim Chief Financial Officer since November 17, 2011.

Prior to joining DGSE, Mr. Burford served as Chief Financial Officer of Craftmade International, Inc. (“Craftmade”). Craftmade was a publicly-traded company engaged in the production of lighting, ceiling fan and other home décor items. Mr. Burford held this role beginning in August of 2008 and ultimately helped lead negotiations resulting in the sale of Craftmade to a strategic buyer in late 2011. Mr. Burford left Craftmade shortly after the completion of this transaction. Prior to Craftmade, Mr. Burford held several leadership roles in Finance and Strategic Planning at Cadbury Schweppes Americas Beverages (“CSAB”), the U.S. soft-drink division of London-based Cadbury Schweppes, plc. CSAB is now separately traded in the United States on the NYSE as Dr Pepper Snapple Group under the symbol DPS. Mr. Burford graduated from Oklahoma State University with a degree in Finance and minors in Accounting and Management Information Systems. He also holds a Master of Business Administration from the University of Texas at Dallas and a Master of Liberal Arts from Southern Methodist University.

"We are very pleased to have Brett join our executive management team,” stated William Oyster, Chief Executive Officer of DSGE. “Brett brings a significant depth of experience in corporate finance, regulatory compliance and corporate governance to DGSE. We are confident that he will provide strong leadership as we complete our efforts to regain compliance with the listing standards of NYSE MKT and pursue our strategic growth objectives in the future.”

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