SAN DIEGO, CA--(Marketwired - Jun 15, 2016) - IDW Media Holdings (OTC PINK: IDWM) has appointed Managing Partner of Raging
Capital Management, Kenneth H. Traub, to its board of directors.
Mr. Traub brings over 25 years of senior management, corporate governance, and transactional experience with various public
and private companies as Chief Executive Officer, director and active investor. His broad experience encompasses managing dynamic
growth, transitions, turnarounds, strategic transactions and liquidity events. Traub earned an MBA from Harvard Business School
in 1988. Raging Capital Management is an investment management firm headquartered near Princeton, NJ. Raging Capital
Master Fund owns 745,699 shares of IDW Media Holdings.
"We are delighted to add the talent of this respected executive with a strong track record of success to our Board," said IDW
Media Holdings CEO Ted Adams. "Ken has extraordinary business expertise and his keen insight makes him a great
fit for the IDW Media Holdings Board."
"I am thrilled to be joining the board of IDW at this exciting time for the company," said Kenneth Traub. "I am looking
forward to working with the rest of the IDW board and management team as the company explores a wide range of opportunities to
capitalize on its award winning content and continues to grow into a fully integrated media company."
All statements above that are not purely about historical facts, including, but not limited to, those in which we use the
words "believe," "anticipate," "expect," "plan," "intend," "estimate," "target" and similar expressions, are forward-looking
statements within the meaning of the Private Securities Litigation Reform Act of 1995. While these forward-looking
statements represent our current judgment of what may happen in the future, actual results may differ materially from the results
expressed or implied by these statements due to numerous important factors. Our filings with the SEC provide detailed
information on such statements and risks, and should be consulted along with this release. To the extent permitted under
applicable law, we assume no obligation to update any forward-looking statements.
About IDW Media Holdings
IDW Media Holdings (OTC: IDWM) is a fully integrated media company, which includes the award-winning IDW
Publishing, IDW Games, IDW Entertainment, Top Shelf Productions, the San Diego Comic Art Gallery, and CTM Media Group Inc. a
subsidiary of IDW Media Holdings (OTC:IDWM, OTCBB:IDWM, OTCPK:IDWM). CTM Media Group Inc. is one of North America's largest
distributors of tourism information. Distributing over 100 million brochures last year, CTM's comprehensive visitor out of home
marketing network includes over 14,000 brochure information displays and 400 award-winning touch screen kiosks.