Moving iMage Technologies Names William F. Greene Interim Chief Financial Officer

Rhea-AI Summary

Moving iMage Technologies (NYSE American: MITQ) has appointed William “Bill” Greene as interim CFO, effective immediately. Greene has a robust background in public accounting, SEC reporting, and capital raising, having served as CFO and financial consultant for various public and private firms. Holding a B.S. in Business Administration from California State University, he brings significant expertise in M&A due diligence and internal controls. Moving iMage Technologies specializes in technology solutions for the cinema exhibition sector and is expanding into live entertainment and Esports, offering proprietary products designed in-house.

Positive

• Appointment of William Greene as interim CFO enhances financial leadership.
• Greene's extensive experience in public accounting and SEC reporting may benefit financial performance.
• Company is expanding into live entertainment and Esports, indicating growth potential.

Negative

• Change in CFO may raise concerns about management stability.
• The need for an interim CFO could imply previous management issues.

FOUNTAIN VALLEY, Calif.--(BUSINESS WIRE)-- Moving iMage Technologies (NYSE American: MITQ) ("MiT"), the leading provider of custom-designed and 3rd Party technology and services for cinema exhibition and an emerging business in live entertainment venues and Esports, today named William “Bill” Greene as interim chief financial officer, effective immediately.

Greene brings an extensive background in public accounting, SEC reporting, capital raising, M&A due diligence and internal controls working as a CFO, Big 8 auditor and financial consultant for both public and private companies. Greene holds a B.S. in Business Administration, with a concentration in Accounting from the California State University - Dominguez Hills.

About Moving iMage Technologies

MOVING iMAGE TECHNOLOGIES (NYSE American: MITQ) is a leading provider of technology, products, and services to the Motion Picture Exhibition industry and is expanding into live entertainment venues and Esports. We sell proprietary products, which we design and manufacture in-house, and are developing, introducing, and supporting a wide range of disruptive technologies that will bring SaaS and subscription-based products. Our Caddy brand of proprietary manufactured products is a leading provider of cup holders, trays, and other products to entertainment and sports venues. For more information, visit www.movingimagetech.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230123005639/en/

Moving iMage Technologies Investor Relations and Media Contacts:

Brian Siegel, IRC®, M.B.A.

Senior Managing Director

Hayden IR

(346) 396-8696

brian@haydenir.com

Source: Moving iMage Technologies

FAQ

Who is the new CFO of Moving iMage Technologies (MITQ)?

William 'Bill' Greene has been appointed as the interim CFO of Moving iMage Technologies.

What is Moving iMage Technologies (MITQ) known for?

Moving iMage Technologies specializes in providing technology and services for the cinema exhibition industry and is expanding into live entertainment and Esports.

What expertise does Bill Greene bring to MITQ?

Bill Greene has extensive experience in public accounting, SEC reporting, M&A due diligence, and internal controls.

When did the appointment of the new CFO take place?

The appointment of William Greene as interim CFO is effective immediately.

What is the stock symbol for Moving iMage Technologies?

The stock symbol for Moving iMage Technologies is MITQ.