LICT appoints Salvatore Salibello to the Board of Directors

– USA, NY –  LICT Corporation (OTC: LICT) today announced the appointment of Salvatore M. Salibello to its Board of Directors. He will serve as the Chairman of the Audit Committee.

“We are delighted that Mr. Salibello will be joining the LICT Board of Directors. Sal brings a vast amount of experience to the LICT Board and will fill a key role as Chairman of the Audit Committee,” said Mario J. Gabelli, Chairman and CEO.

About Salvatore Salibello

Mr. Salibello is a Certified Public Accountant and a Senior Member of Bright Side Group, LLC. He is the Founder, and served as the Managing Partner, of the certified public accounting firm, Salibello & Broder LLP until its sale to BDO USA, LLP. Mr. Salibello has over forty years of experience in public accounting. He serves on several boards and board committees for investment funds in the Gabelli/GAMCO Fund Complex. He was a director of Nine West, Inc., a group of companies in the ladies’ footwear and accessories business and served as Chairman of its Audit Committee. Mr. Salibello also serves on numerous non-profit boards and is the Chairman of the Board of Directors of John Cabot University, an American university in Rome, Italy.

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