Harry Edelson to be a Part of Ideanomics' Board of Directors

Ideanomics Inc. (Nasdaq: IDEX) a global fintech provider for transformative industries, appoints Harry Edelson to its Board of Directors. He succeeds Zhao Kang, who had quit the board to take up a role in Ideanomics Mobile Energy Group (MEG). Harry will hold this position until the company’s next annual shareholders’ meeting.

"We are very pleased to welcome Harry to our Board of Directors. Harry is vastly experienced in the capital markets, and has been doing business in Asia, and China in particular, for more than 25 years. His mixture of experience, positivity, and well-honed cross-border deal-making experience will help add additional depth to our board team for the benefit of Ideanomics and shareholders alike," states Alf Poor, CEO of Ideanomics. "In addition to Harry's invaluable experience as an analyst, investor, and entrepreneur, Harry brings his boundless energy and wisdom which will prove very valuable as the company enters a high-growth phase. We look forward to working with Harry, in what we hope will be a rewarding appointment for both Harry and Ideanomics," he adds.

Harry, the founder of Edelson Technology Partners, is also a renowned and successful venture capitalist in the US. He has a high reputation in the financial and technology industries.

Harry also holds the honor of being the first Wall Street analyst to combine the coverage of computers, software and telecommunications. He initiated the first venture capital investor in ten early stage companies; post which the companies’ capitalization grew tremendously to more than $1 billion. Being the first venture capital investor, he assisted China to venture into the internet industry named China Internet Corporation in 90s.

Harry has held various prominent positions such as council member of the Juilliard School of Music Dance & Drama, Founder & Chairman of the China Investment Group, Founder & current member of the Chinese Cultural Foundation, Past President of the Analyst Club and Member of Advisory Council of The World Policy Institute.

We are very pleased to welcome Harry to our Board of Directors. Harry is vastly experienced in the capital markets, and has been doing business in Asia, and China in particular, for more than 25 years.

He holds B.S Physics from Brooklyn College, and MBA from New York University. He has also completed Advanced Telecommunication Program at the Cornell Graduate School of Electrical Engineering.

Talking on his appointment, Harry says, "I am extremely excited to be part of this dynamic team which is building a 21st century market platform utilizing cutting-edge technologies and sophisticated approaches. Ideanomics is a company making a major transition from the old to the new and I look forward to help making it happen".