Converge Technology Solutions Corp. announced that its Board of Directors has formed a special committee of independent directors (the "Special Committee") to undertake, in consultation with its established financial and legal advisors, a review and evaluation of strategic alternatives that may be available to the Company to unlock shareholder value. The Special Committee will be chaired by Brian Phillips, Lead Independent Director and includes Darlene Kelly, Chair of Audit Committee and Ralph Garcea, Chair of Compensation Committee.

In response to expressions of interest that have been received by the Company, the Special Committee will evaluate a full range of strategic alternatives, including a sale, merger, divestiture, recapitalization, other strategic transaction, or continuing to operate as a public company.