Effective February 7, 2018, Track Group, Inc.'s Board of Directors appointed Karim Sehnaoui to serve as a director on the Board until the next annual meeting of stockholders or until his successor is elected and qualified. Mr. Sehnaoui, age 39, is an entrepreneur and investment professional, who specializes in private equity, venture capital, and corporate finance. Currently, he serves as General Manager of the Reference Group SARL, which position he has held since October 2017, and as a Director of ETS Limited. In addition, Mr. Sehnaoui is the founder and current Managing Director of Elham Management and Investment Group, an investment firm founded in 2011 that is dedicated to sustainable strategic investing, and the founder and current board member of Comptoirs de Beyrouth. Mr. Sehnaoui currently sits as an interim member on the Supervisory Board of Fyber N.V. The new CEO, Derek Cassell, appointed January 1, 2018, has realigned the management team to execute the company's strategy including the appointment of an industry veteran, Matt Swando, as the new Vice President of Sales and Marketing.