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ONE HORIZON GROUP, INC. FILES (8-K) Disclosing Change in Directors or Principal Officers, Regulation FD Disclosure(Edgar Glimpses Via Acquire Media NewsEdge) Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers On July 28, 2014, the Board of Director of One Horizon Group, Inc. (the "Company") appointed Brian Collins as the Chief Executive Officer and President of the Company, effective July 28, 2014. Mr. Collins will also act as the Chairman of the Board of the Company upon his appointment as the Chief Executive Officer of the Company. Mr. Collins has been the CEO of Abbey Technology, a subsidiary of the Company since he founded it in 1999. After the Company acquired Abbey Technology in November 2010, Mr. Collins was appointed Vice President and Chief Technology Officer of the Company. Mr. Collins is the co-inventor of the Horizon Platform, and has over 20 years' experience in the technology sector with a background in software engineering. Mr. Collins brings experience in founding and operating technology companies along with his extensive knowledge of software engineering. There are no understandings or arrangements between Mr. Collins and any other person pursuant to which Mr. Collins was selected to serve as Chief Executive Officer, other than his employment relationship set forth above. Mr. Collins will not receive any additional compensation as the Chief Executive Officer of the Company except the current compensation he is entitled to as the Chief Technology Officer of the Company. Mr. Collins does not have any relationships requiring disclosure under Item 401(d) of Regulation S-K. There is no change to Mr. Collins's relationship with the Company under Item 404 (a) of Regulation S-K as disclosed in Item 13. Certain Relationships and Related Transactions, and Director Independence in Form 10-K for the fiscal years ended December 31, 2013 and 2012 filed on April 15, 2014. Item 7.01 Regulation FD Disclosure. On July 29, 2014, the Company issued a press release disclosing the organizational changes described in this Current Report on Form 8-K. A copy of the press release is attached hereto as Exhibit 99.1. On July 28, 2014, the Company issued a press release disclosing the financing of $1M as described in the Current Report on Form 8-K filed on July 25, 2014. A copy of the press release is attached hereto as Exhibit 99.2. |