Ballantyne Strong, Inc. (NYSE American: BTN) is a holding company owning subsidiaries and investments engaged in several diverse business activities, including cinema products and services, digital signage, advertising, insurance, reinsurance, and investment management services. Assets include both wholly owned businesses and partial investments in public and private companies.

Portfolio Companies

Strong/MDI Screen Systems Inc.

Strong/MDI is one of the leading cinema screen manufacturers in the world. Strong/MDI produces and sells specialty screens, screen support structures, and other film exhibition equipment for customers globally.

Strong Technical Services (STS)

STS offers a comprehensive suite of cinema-focused services, including installation, maintenance, and technical support, to exhibitors throughout the United States.

Convergent

Convergent provides customers with digital signage solutions through its “Digital Signage as a Service” (DSaaS) model. The DSaaS model incorporates design, installation and 24/7 monitoring of on-site hardware and content for customers. The Company serves customers in a diverse range of verticals including banking, retail, corporate communications and more. Convergent has offices in Alpharetta, GA and Toronto, Ontario.

Investments

Firefly

Firefly connects cities with its dynamic smart media platform. The company works with taxi companies and rideshare drivers to install its proprietary advertising displays atop their vehicles, providing an additional revenue stream to maximize their drive time. Firefly’s technology delivers the right message at the right time, cutting through the noise of a booming space and leading to highly effective campaign-engagement.

GreenFirst Forest Products

GreenFirst Forest Products* invests in the global forest products industry. The company owns a sawmill in Kenora, Ontario and its operators are experienced in the acquisition and turnaround of sawmill assets. We believe this industry offers favorable cyclical and secular dynamics, with increased demand for lumber in the housing sector and lumbers “green” advantage as a building material. The company intends to pursue other investments in pure play lumber opportunities around the world.

*Itasca Capital Ltd is a TSXV listed issuer [intending to change its name to / doing business as] “GreenFirst Forest Products”

1347 Property Insurance Holdings

1347 Property Insurance Holdings, Inc. is implementing business plans to operate as a diversified insurance, reinsurance and investment management holding company, incorporated in Delaware. The Company endeavors to make opportunistic and value-oriented investments in insurance, reinsurance and related businesses. The Company conducts principal business operations through its subsidiaries and affiliates and also provides investment management services to unaffiliated companies.