Jeremy
Murphy, COO & President at ClickTripz, LLC, and
formerly Goldman Sachs, to join Research Solutions'
Board of Directors as Advisor and Observer
HENDERSON, Nev., Sept. 5,
2023 /PRNewswire/ -- Research Solutions (NASDAQ:
RSSS), a trusted partner providing cloud-based workflow solutions
to accelerate research for R&D-driven organizations, announced
today the engagement of Jeremy
Murphy to the Research Solutions Board of Directors,
effective immediately. Mr. Murphy will join the board as an advisor
and observer, and he will be part of our board slate for the 2023
annual meeting.
Following the appointment of Mr. Murphy, the Board will comprise
six directors, four of whom are independent.
"We are pleased to welcome Jeremy Murphy to the Research
Solutions Board," said Roy W.
Olivier, CEO of Research Solutions. "Jeremy's deep financial
expertise and robust business experience will be invaluable to
Research Solutions as we grow our business and pursue value
creation focused on product-led growth with sustained
profitability."
Mr. Murphy shares, "I am honored to have the opportunity to
serve on the Board to help deliver on Research Solutions' mission
of supporting the innovation process from end to end. I look
forward to contributing my expertise to further grow Research
Solutions and deliver enhanced value for shareholders."
Jeremy Murphy is the current COO
& President at ClickTripz, the leading contextual ad network
for the travel industry, which each month delivers tens of millions
of travel-intenders to the world's largest travel websites. At
Clicktripz, Mr. Murphy has orchestrated pioneering new B2B software
from ideation to roll-out, including the first AI-powered
conversational advertisement trained to be an expert on each
advertiser's product offering by leveraging
state-of-the-art document indexing and language models.
Previously, he co-founded TheSuitest, a hotel data-analytics
platform featured in the NYTimes, The Today Show and elsewhere for
using natural language processing to compare and quantify hotel
accommodations. TheSuitest was successfully acquired by
Clicktripz in 2015. Prior to his current role, Mr. Murphy had
significant experience in various crucial positions at prominent
financial institutions. Mr. Murphy was an analyst in the Investment
Management Division of Goldman Sachs & Co. as part of a team
responsible for nearly $10
billion in public equity investments. Jeremy later worked as a
risk manager for the investment arm of the Gulf Bank of
Kuwait and its controlling
shareholder, where he helped direct $800
million in hedge fund assets.
Mr. Murphy's impressive academic background includes an MBA from
UCLA-Anderson, where he graduated in the top 1% of his class and
received the prestigious Fred Weston
Award for Excellence in Finance. Additionally, he holds a Juris
Doctorate from the UCLA School of Law, where he attended as a
Dean's Scholar. While in law school, Mr. Murphy's work using
options theory to predict public-company acquisition prices in
court approved Section 363 sales was published by the American
Bankruptcy Institute Law Review, a leading journal at the
intersection of law and finance. He also earned a bachelor's degree
in Economics from UCLA, graduating
Summa Cum Laude.
Per the 8K filed on August 28, 2023, Research Solutions also
announced the resignation of Eugene Robin from the Board
after many years of dedicated service. Mr. Robin's resignation
results solely from his engagement by a new firm whose compliance
policy prohibits service on boards of directors generally and does
not relate to any disagreement with Research Solutions nor any
refusal to stand for re-election to the Board.
About Research Solutions
Research Solutions, Inc. (NASDAQ: RSSS) provides cloud-based
technologies to streamline the process of obtaining, managing, and
creating intellectual property. Founded in 2006 as Reprints Desk,
the company was a pioneer in developing solutions to serve
researchers. Today, more than 70 percent of the top pharmaceutical
companies, prestigious universities, and emerging businesses rely
on Article Galaxy, the company's SaaS research platform, to
streamline access to the latest scientific research and data with
24/7 customer support. Research Solutions has also acquired
ResoluteAI, an advanced search platform aimed at equipping
organizations with search, discovery, analysis, and knowledge
management tools powered by AI and NLP technologies. For more
information and details, please visit
https://www.researchsolutions.com.
Important Cautions Regarding Forward-Looking
Statements
Certain statements in this press release may contain
"forward-looking statements" regarding future events and our future
results. All statements other than statements of historical facts
are statements that could be deemed to be forward-looking
statements. These statements are based on current expectations,
estimates, forecasts, and projections about the markets in which we
operate and the beliefs and assumptions of our management. Words
such as "expects," "anticipates," "targets," "goals," "projects",
"intends," "plans," "believes," "seeks," "estimates," "endeavors,"
"strives," "may," or variations of such words, and similar
expressions are intended to identify such forward-looking
statements. Readers are cautioned that these forward-looking
statements are subject to a number of risks, uncertainties and
assumptions that are difficult to predict, estimate or verify.
Therefore, actual results may differ materially and adversely from
those expressed in any forward-looking statements. Such risks and
uncertainties include those factors described in the Company's most
recent annual report on Form 10-K, as such may be amended or
supplemented by subsequent quarterly reports on Form 10-Q, or other
reports filed with the Securities and Exchange Commission. Examples
of forward-looking statements in this release include statements
regarding additional customers, potential acquisitions and the
Company's prospects for growth, profitability, and cash flow.
Readers are cautioned not to place undue reliance on these
forward-looking statements. The forward-looking statements are made
only as of the date hereof, and the Company undertakes no
obligation to publicly release the result of any revisions to these
forward-looking statements. For more information, please refer to
the Company's filings with the Securities and Exchange
Commission.
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SOURCE Research Solutions, Inc.