{"id":1140,"date":"2013-07-01T13:15:42","date_gmt":"2013-07-01T13:15:42","guid":{"rendered":"https:\/\/palladiumcapital.com\/?p=1140"},"modified":"2013-08-27T13:45:52","modified_gmt":"2013-08-27T13:45:52","slug":"palladium-brokered-merger-of-document-security-systems-and-lexington-tech-grp-completed","status":"publish","type":"post","link":"https:\/\/www.palladiumcapital.com\/palladium-brokered-merger-of-document-security-systems-and-lexington-tech-grp-completed\/","title":{"rendered":"Palladium Brokered Merger of Document Security Systems &#038; Lexington Technology Completed"},"content":{"rendered":"<p><a href=\"https:\/\/palladiumcapital.com\/wp-content\/uploads\/2013\/07\/dds.gif\"><img decoding=\"async\" loading=\"lazy\" class=\"size-full wp-image-594 alignright\" alt=\"DDS\" src=\"https:\/\/palladiumcapital.com\/wp-content\/uploads\/2013\/07\/dds.gif\" width=\"150\" height=\"100\" \/><\/a>ROCHESTER, NY\u2014July 1, 2013 \u2014 Document Security Systems, Inc. (NYSE MKT: DSS) announced today the successful closing of its previously announced merger with Lexington Technology Group, Inc. (LTG), an intellectual property management firm that seeks to maximize the value of intellectual property and technology assets. DSS will continue to trade on the NYSE MKT under the symbol \u201cDSS\u201d.<\/p>\n<p>&nbsp;<\/p>\n<p>This strategic combination increases DSS\u2019s intellectual property portfolio and enhances the Company\u2019s ability to monetize its anti-counterfeit and authentication technology, as well as its industrial and other intellectual property assets. The boards of directors of both DSS and LTG unanimously approved the merger, which was subsequently approved by LTG\u2019s and DSS\u2019s stockholders. The Company will be managed by an executive team led by Chief Executive Officer, Jeff Ronaldi.<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/palladiumcapital.com\/wp-content\/uploads\/2013\/08\/Lexington.jpg\"><img decoding=\"async\" loading=\"lazy\" class=\"size-full wp-image-1142 alignright\" alt=\"Lexington\" src=\"https:\/\/palladiumcapital.com\/wp-content\/uploads\/2013\/08\/Lexington.jpg\" width=\"160\" height=\"160\" srcset=\"https:\/\/www.palladiumcapital.com\/wp-content\/uploads\/2013\/08\/Lexington.jpg 160w, https:\/\/www.palladiumcapital.com\/wp-content\/uploads\/2013\/08\/Lexington-150x150.jpg 150w\" sizes=\"(max-width: 160px) 100vw, 160px\" \/><\/a>\u201cAfter months of planning and hard work, DSS and LTG are excited to be moving forward as a combined company\u201d stated DSS\u2019s President, Robert Bzdick. \u201cThrough our anti-counterfeit and authentication service offering, we have laid groundwork on which the management team believes we can generate increased revenue and licensing opportunities.\u201d<\/p>\n<p>&nbsp;<\/p>\n<p>\u201cToday is a milestone for DSS. Through our new business model, we see exciting opportunities to potentially grow our technology business and intellectual property assets\u201d stated DSS\u2019s Chief Executive Officer, Jeff Ronaldi. \u201cAs a combined company, we believe that we are better positioned to take on new challenges and opportunities ahead.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ROCHESTER, NY\u2014July 1, 2013 \u2014 Document Security Systems, Inc. (NYSE MKT: DSS) announced today the successful closing of its previously announced merger with Lexington Technology Group, Inc. (LTG), an intellectual property management firm that seeks to maximize the value of intellectual property and technology assets. DSS will continue to trade on the NYSE MKT under [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"_links":{"self":[{"href":"https:\/\/www.palladiumcapital.com\/wp-json\/wp\/v2\/posts\/1140"}],"collection":[{"href":"https:\/\/www.palladiumcapital.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.palladiumcapital.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.palladiumcapital.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.palladiumcapital.com\/wp-json\/wp\/v2\/comments?post=1140"}],"version-history":[{"count":0,"href":"https:\/\/www.palladiumcapital.com\/wp-json\/wp\/v2\/posts\/1140\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.palladiumcapital.com\/wp-json\/wp\/v2\/media?parent=1140"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.palladiumcapital.com\/wp-json\/wp\/v2\/categories?post=1140"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.palladiumcapital.com\/wp-json\/wp\/v2\/tags?post=1140"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}