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Research Solutions Announces Executive Management Change: William Nurthen to join as Chief Financial Officer

October 5, 2021

HENDERSON, Nev., Oct 5, 2021Research Solutions, Inc. (NASDAQ: RSSS), a pioneer in providing cloud-based workflow solutions for R&D driven organizations, announced that its Chief Financial Officer Alan Urban will be leaving to pursue other opportunities. Mr. Urban resigned as Chief Financial Officer effective October 4, 2021 but will remain with the company for an undetermined time to help with the transition.

Effective October 4, 2021, the Company appointed William ("Bill") A. Nurthen as Chief Financial Officer. Mr. Nurthen joins the Company with more than 14 years of experience as a CFO, including most recently at Endeavor Business Media, a B2B media publisher. Prior to that, Mr. Nurthen served as CFO at ARI Network Services from 2013 through 2019. He is a graduate of the University of Notre Dame and earned his MBA from Kellogg School of Management at Northwestern University.

"I am very excited to be joining the Research Solutions team," said Nurthen. "The Company is experiencing strong platform deployments and is well positioned for future organic and acquisitive growth. I look forward to working with everyone to help the Company achieve its strategic and financial goals."

"We are excited to add Bill Nurthen to our team. His previous experience working with a SaaS-oriented companies will prove beneficial as we move forward," said Roy W. Olivier, President and CEO of Research Solutions. "Having worked with Bill previously, I am confident in his abilities to immediately step in and contribute."

Mr. Olivier added, "The Board of Directors and I would like to thank Alan for his contributions to the company and wish him the best in his future endeavors."

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. For more information and details, please visit www.researchsolutions.com.

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 the Company’s next operational phase, new avenues of growth and potential M&A activity. 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.

Contact

Steven Hooser or John Beisler
Three Part Advisors
shooser@threepa.com
jbeisler@threepa.com
(214) 872-2710

Topics: Research Solutions Inc

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