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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 Massie.
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 1995All 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 statements can often be identified by words such as "anticipates," "expects," "intends," "plans," "predicts," "believes," "seeks," "estimates," "may," "will," "should," "would," "could," "potential," "continue," "ongoing," 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 statement.
CONTACT: Brian Bolton
Bridgeline Digital, Inc.
Senior Vice President, Marketing