On September 28, 2018, Kanen Wealth Management, LLC delivered a letter to Astea International Inc.’s Chief Executive Officer and Chairman of the board of directors reiterating its concerns regarding the Company’s current capital structure, which it views has undermined the health of the Company resulting in a weakened balance sheet and reduced earnings and also serves as a repellant to new investors/prospective stockholders. While Kanen Wealth Management commended that the Board for the formation of the special committee to examine the capital structure, specifically related to the outstanding convertible preferred stock, it is concerned that it has been close to 3 months since the committee was formed and no developments or changes have been announced by the Company. Kanen Wealth Management further requested in the letter that the Board uphold its fiduciary duty to update and explain to existing stockholders how the Company’s current capital structure benefits all stakeholders. Kanen Wealth Management added that the need for Board change and stated that having a wide range of perspectives represented in the boardroom is critical to effective corporate governance and is vital if the Board is able to successfully address the complex issues the Company faces. Kanen Wealth Management also stated that it has identified director candidate for the Board's consideration for appointment as a Board member and expects to continue its constructive dialogue with the Company’s management team and Board regarding opportunities to unlock value at the Company.