Investors
(NASDAQ: IDEX)

Ideanomics Names Cybersecurity Expert Dr. Dan Lavi As Advisor
- Previously worked as cyber expert for various Israeli services, among other senior development and teaching positions
- Dr. Lavi will advise on the company's emerging technologies, networks, and security

NEW YORK, Mar. 4, 2019 /PRNewswire/ -- Ideanomics(NASDAQ: IDEX) ("Ideanomics" or the "Company"), A Fintech and Greentech advisory services company, is pleased to announce it has added Dr. Dan Lavi as a strategic advisor.

Ideanomics (PRNewsfoto/Ideanomics)

Mr. Lavi is highly-skilled in several areas of progressive technology and innovation, having held senior positions in the fields of Physics, Cybersecurity, Greentech, Web and Mobile technologies. He holds several undergraduate degrees, two Masters' degrees, and a PhD in Physics. Leading expert, Mr. Lavi, is a former Physics professor, and lecturer on Cybersecurity and secure Android application development at various colleges and universities in Israel. Mr. Lavi will be based in Israel and New York, where he will oversee the various emerging technologies across the Ideanomics group, including the evaluation and implementation of Blockchain, Artificial Intelligence, Cybersecurity and green technologies.

"Dan brings a level of experience and vision that is unmatched," said Dr. Bruno Wu. "Dan is one of the leading cybersecurity experts in the world, and Ideanomics is pleased to welcome him to our team. Dan is joining us at a very important time for the company, as we strategically respond to the industry with leading technology infrastructure."

"It's an exciting time for Ideanomics. I look forward to working with the various teams throughout the organization, as we identify, develop, and implement market-leading technologies," said Dr. Lavi. "Dr. Wu's vision is powerful and motivating as he drives technology and innovation into business, and I am very excited to be a part of that."

About Ideanomics
Ideanomics is a global fintech advisory and Platform-as-a-Service company. Ideanomics combines deal origination and enablement with the application of blockchain and artificial intelligence technologies as part of the next-generation of financial services.

The company is headquartered in New York, NY, and has offices in Beijing, China. It also has a planned global center for Technology and Innovation in West Hartford, CT, named Fintech Village.

Safe Harbor Statement

This press release contains certain statements that may include "forward looking statements". All statements other than statements of historical fact included herein are "forward-looking statements." These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions, involve known and unknown risks and uncertainties, and include statements regarding our intention to transition our business model to become a next-generation financial technology company, our business strategy and planned product offerings, our intention to phase out our oil trading and consumer electronics businesses, and potential future financial results. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of risks and uncertainties, such as risks related to: our ability to continue as a going concern; our ability to raise additional financing to meet our business requirements; the transformation of our business model; fluctuations in our operating results; strain to our personnel management, financial systems and other resources as we grow our business; our ability to attract and retain key employees and senior management; competitive pressure; our international operations; and other risks and uncertainties disclosed under the sections entitled "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our most recent Form 10-K and Form 10-Q filed with the Securities and Exchange Commission, and similar disclosures in subsequent reports filed with the SEC, which are available on the SEC website at www.sec.gov. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these risk factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

Investor Relations and Media Contact
Tony Sklar, VP of Communications at Ideanomics
55 Broadway, 19th Floor New York, New York 10006
Email: ir@ideanomics.com
www.ideanomics.com
Tel: +1.212.206.1216

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SOURCE Ideanomics

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