Statement on Moving Forward from DANGEN's New CEO

As part of the transition following our statement on restructuring Dangen, I want to provide some clarity regarding open questions about Dangen’s future and how we are moving forward with the developers.

We are finalizing paperwork to complete the company transfer, however already working as the new CEO, it is important to me that we answer the open questions and then move quickly to resolve them.

To that end, I am taking the following steps:

I believe that actions speak louder than words, so I am making this statement now that I am settled in and taking my first steps as CEO. I aim to take these steps quickly and decisively so that Dangen can return with redoubled conviction to fulfilling the commitments it has made to its developer partners.

Dan Stern, CEO