Midfielder leaves after nearly two years' service.We will have more on this story on Thursday and, in the meantime, the club would like to thank David for his time at Colchester United and we wish him well for the future.
On Wednesday, the U's and David agreed to a mutual termination of his contract, which was due to expire in the summer of 2015.
He was also an excellent ambassador off the pitch, picking up the club's Community Player of the Year at the 2013/14 End of Season awards.
David, who joined the U's in January 2013, played 52 times for the club in the subsequent 22 months, including 49 in League One.
Colchester United boss Tony Humes continues to reshape his squad with the news that David Wright is to leave the club.