Insignia Systems, Inc. (NASDAQ:ISIG) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

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Insignia Systems, Inc. (NASDAQ:ISIG) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Insignia Systems, Inc. (NASDAQ:ISIG) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02.

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Suzanne L. Clarridge resigned as a member of the Board of Directors (the “Board”) of Insignia Systems, Inc. (the “Company”) effective January 31, 2020. Ms. Clarridge’s resignation is not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. Rachael B. Vegas has been appointed to serve on the Board’s Audit Committee, effective as of the date of Ms. Clarridge’s resignation.

About Insignia Systems, Inc. (NASDAQ:ISIG)

Insignia Systems, Inc. (Insignia) is a developer and marketer of in-store products, programs and services for consumer goods manufacturers and retail partners drive sales at the point of purchase. The Company’s products include the Insignia Point-of-Purchase Services (POPS) in-store marketing program, thermal sign card supplies for the Company’s Impulse Retail System, laser printable cardstock and label supplies, and The Like Machine. Its POPS program is an account-specific, shelf-edge advertising and promotion tactic. The program allows manufacturers to deliver product information to consumers at the point-of-purchase and to leverage the local retailer brand and store-specific prices to provide a call to action that draws attention to the featured brand and triggers a purchase decision. It focuses on managing a retail network, made up of over 22,000 store locations, for the purpose of providing at-shelf market access for consumer packaged goods manufacturers’ marketing programs.