Remark Media, Inc. announced that it has appointed Brett Ratner to its board of directors. Directors Robert Goldstein and Jason Strauss are resigning from the board effective March 1, 2017. Mr. Ratner will be joining the Compensation Committee and the Nominating and Governance Committee. He will stand for re-election at the 2017 annual meeting of stockholders. Mr. Ratner is a Board of Trustees member of the Simon Wiesenthal Center and Museum of Tolerance. Mr. Ratner, along with his business partner James Packer, formed RatPac Entertainment in 2013.
Remark Holdings, Inc. is a holding company. The Company is engaged in a diversified global technology business with artificial intelligence (AI)-powered analytics, computer vision and smart agent solutions delivered through an integrated suite of AI tools. Its data and AI software platform is developed to deliver AI-based computer vision products, computing devices and software-as-a-service solutions for businesses in many industries. The primary focus of its business is promoting and facilitating the safety of its customers and their customers through its Smart Safety Platform (the SSP). It customizes and sells its AI-based computer vision products and solutions, including the SSP, to customers in the retail, construction, public safety, workplace safety and public sector markets. It has also developed versions of its solutions for application in the transportation and energy markets. Its technologies include software applications built to run on third-party cloud hosting providers.