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Ballantyne Strong Shareholder Announces Program To Purchase Additional Shares

Charlotte, NC, March 17, 2020 (GLOBE NEWSWIRE) -- Ballantyne Strong, Inc. (NYSE American: BTN) (the "Company") today announced that its largest shareholder, Fundamental Global Investors, LLC ("Fundamental Global") entered into a stock trading plan in...

Charlotte, NC, March 17, 2020 (GLOBE NEWSWIRE) -- Ballantyne Strong, Inc. (NYSE American: BTN) (the "Company") today announced that its largest shareholder, Fundamental Global Investors, LLC ("Fundamental Global") entered into a stock trading plan in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended (the "10b5-1 Plan"), for the purchase of up to one million shares of common stock of the Company. The 10b5-1 Plan becomes effective on April 2, 2020 and will terminate on April 2, 2021 or such earlier date as set forth in the 10b5-1 Plan. Transactions under the 10b5-1 Plan, if any, will be reported to the Securities and Exchange Commission in accordance with applicable securities laws, rules and regulations.

Kyle Cerminara, the Chief Executive Officer, Co-Founder and Partner of Fundamental Global, is the Chief Executive Officer and Chairman of the Board of Directors of the Company (the "Board"), and Lewis Johnson, the President, Co-Founder and Partner of Fundamental Global, is the Co-Chairman of the Board. Fundamental Global, with its affiliates, is the Company's largest stockholder.

About Ballantyne Strong, Inc.

Ballantyne Strong ( www.ballantynestrong.com ) and its subsidiaries engage in diverse business activities including the design, integration and installation of technology solutions for a broad range of applications; development and delivery of out-of-home messaging, advertising and communications; manufacturing of projection screens; and providing managed services including monitoring of networked equipment. The Company focuses on serving the cinema, retail, financial, advertising and government markets.

Investor ContactMark Roberson IR@btn-inc.com(704) 994-82794201 Congress Street, Suite 175, Charlotte, NC 28209