|Motricity Appoints President of Mobile Marketing and Advertising
Former Education Dynamics and InterActive Corporation
Executive Brings Decades of Advertising and Sales Experience
BELLEVUE, Wash., Jan. 23, 2012 (GLOBE NEWSWIRE) -- Motricity
(Nasdaq:MOTR) today announced it has named Richard Stalzer as its
President of Mobile Marketing and Advertising. In his role, Stalzer
will drive all aspects of the company's mobile marketing and
advertising business including sales, advertising operations, ad
network, product and technology direction.
"We're thrilled to be adding someone with Richard's experience to our
executive team," said Jim Smith, interim chief executive officer of
Motricity. "His extensive knowledge of advertising, sales and
operations, along with his proven leadership abilities, make him an
ideal person to manage our mobile marketing and advertising business.
I'm confident that Richard will have an immediate impact in shaping the
direction and future of the company."
Stalzer comes to Motricity from Education Dynamics, a leader in helping
higher education institutions find, enroll and retain students. In his
role as Chief Operating Officer, he was responsible for sales,
marketing, product management, operations and business intelligence.
Prior to Education Dynamics, Stalzer was at InterActive Corporation
where he served as the President of Advertising Solutions. While there,
he was responsible for all media sales operations, marketing and sales
development as well as sales for InterActive Corporation owned web
"I'm excited to be joining a company that I think is uniquely
positioned to capitalize on the tremendous business opportunities in
the mobile marketing and advertising space," said Richard Stalzer.
"Motricity has a long history of delivering innovative mobile solutions
and services and I look forward to helping drive the company's growth
in this increasingly important segment of mobile."
Throughout his career, Stalzer has held a number of strategic
leadership positions including Senior Vice President of Sales at
Bankrate (2004-2006), East Coast Financial Services Director at
Microsoft (2002-2004), Vice President of Sales and Business Development
at E*TRADE Financial (1999-2002) and Western Regional Sales Director at
Time Warner (1995-1999).
Stalzer holds a bachelor of science in business administration from the
University of Denver.
Motricity (Nasdaq:MOTR) empowers mobile operators, brands and
advertising agencies to maximize the reach and economic potential of
the mobile ecosystem through the delivery of relevance-driven
merchandising, marketing and advertising solutions. Motricity leverages
advanced predictive analytics capabilities to deliver the right
content, to the right person at the right time. Motricity provides
their entire suite of mobile data service solutions through one,
integrated, highly scalable managed service platform. Motricity's
unique combination of technology, expertise and go-to-market approach
delivers return-on-investment for our mobile operator, brand and
advertising agency customers. For more information, visit
www.motricity.com or follow @motricity on Twitter.
The Motricity, Inc. logo is available at
Safe Harbor and Forward-Looking Statements
Statements made in this release and related statements that express the
Company's or its management's intentions, indications, beliefs,
expectations, guidance, estimates, forecasts or predictions of the
future constitute forward-looking statements, as defined by the Private
Securities Litigation Reform Act of 1995, and relate to matters that
are not historical facts. They include, without limitation, statements
related to the market opportunity in the mobile advertising and
enterprise space. These statements represent beliefs and expectations
only as of the date they were made. We may elect to update
forward-looking statements but we expressly disclaim any obligation to
do so, even if our beliefs and expectations change. Actual results may
differ from those expressed or implied in our forward-looking
statements. Such forward-looking statements involve and are subject to
certain risks and uncertainties that may cause our actual results to
differ materially from those discussed in a forward looking statement.
These risks and uncertainties are described more fully in our filings
with the Securities and Exchange Commission.
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