Through an action without a meeting, the majority of the board of directors of Corporate Resource Services, Inc. held on September 13, 2012, the Board elected James Altucher to the Board to fill a vacancy until such time as his successor is duly elected and qualified. Mr. Altucher, 44, brings a wide range of investment experience to the Board. He was the founder of Stockpickr LLC and a managing partner at Formula Capital Management LLC, an alternative asset management firm that runs a fund of hedge funds.

He also is a columnist for the Financial Times as well as other blogs and publications and the author of the books Trade Like a Hedge Fund, Trade Like Warren Buffett and SuperCash. Previously, Altucher was a managing partner at technology venture capital firm 212 Ventures and was the founder of Vaultus and Reset Inc.