Acorn International Announces Resignation of a Director
Acorn International Announces Resignation of a Director
SHANGHAI, Feb. 5, 2015 /PRNewswire/ -- Acorn International, Inc. (NYSE: ATV) ("Acorn" or the "Company"), a media and branding company in China engaged in developing, promoting and selling products through extensive direct and distribution networks, today announced that Mr. Jing Wang ("Mr. Wang") has tendered his resignation as a member of the Company's Board of Directors, by a letter delivered to the Company, effective February 4, 2015. Mr. Wang has served as a director of the Company since April 1, 2011 until his resignation and also served on the Audit Committee and Compensation Committee.
Mr. Wang is stepping down to have more time to focus on his primary position as senior vice president at Baidu Inc., a leading Chinese language Internet search provider, and confirmed that his resignation was not the result of any disagreement with the Company.
About Acorn International, Inc.
Acorn is a media and branding company in China, operating TV direct sales businesses, other direct sales platforms and a nationwide distribution network. Acorn's TV direct sales platform consists of airtime purchased from both national and local channels. Acorn's other direct sales platforms include outbound telemarketing centers, e-commerce websites, and catalogs. Acorn has built a proven track record of developing, promoting and selling proprietary-branded products, as well as products from established third parties. For more information, please visit http://ir.chinadrtv.com.
Contact:
Acorn International, Inc. Compass Investor Relations
Mr. Geoffrey Weiji Gao Ms. Elaine Ketchmere, CFA
Phone: +86-21-5151-8888 Ext. 2148 Phone: +1-310-528-3031
Email: geoffrey.gao@chinadrtv.com Email: Eketchmere@compass-ir.com
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www.chinadrtv.com www.compassinvestorrelations.com
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SOURCE Acorn International, Inc.
Acorn International, Inc.
Web Site: http://www.chinadrtv.com
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