Three large shareholders publicly back CEO Riley McCormack after activist pressure

Digimarc CORP

Lagoda Investment Management (Fatima Dickey) expresses unqualified support for CEO McCormack and his decision to walk away from a large customer.
Kimelman & Baird (Scott Kimelman) praises board and CEO for streamlining operations to improve cash flow and positions itself as patient.
Silverberg Bernstein Capital Management (Irwin Silverberg) declares full support for CEO McCormack, noting personal 23-year holding and largest stake since 2002.
Letters respond to Ocho Investments' earlier Schedule 13D and exempt solicitation criticizing management.

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