GROUP MOBILE EXPANDS SALES TEAM TO DRIVE INDUSTRY-LEADING GROWTH
(Thomson Reuters ONE) -
NEW YORK - July 7, 2016 - FORM Holdings Corp. (NASDAQ: FH), a diversified
holding company, today announced that Criss Cross will join the company's wholly
owned subsidiary, Group Mobile, as Senior Vice President of Public Sector, and
that Troy Ware will join as Eastern Region Sales Manager, effective immediately.
"These two appointments underscore our commitment to supporting our customers
first and foremost. We are excited to have Criss lead our public safety business
which will build heavily on her strong relationships with both customers and
providers of products and services," says Darin White, President of Group
Mobile.
Criss Cross brings many years of leadership experience in the public sector
arena to Group Mobile. In particular, Cross' background encompasses critical
connectivity and mobile video solutions for public safety, including body-worn
cameras, in-vehicle routers as well as data hosting management, service and
maintenance. During her four-year tenure at Utility Associates, Cross
contributed to revenue generating activities, directly strengthening the
company's strategic position. Cross' expertise in the public sector market will
help maximize the company's potential for future growth.
Troy Ware brings more than twenty years of experience in computer hardware,
manufacturing, distribution, e-commerce and telematics to Group Mobile. Ware has
a proven track record, having contributed to rapid revenue growth during his
tenures at MobileSalesWare, General Dynamics-Itronix and Getac. Ware's knowledge
of advanced mobile hardware solutions will help drive new business through key
accounts and the continuation of strategic partnerships within the industry,
leading to an increase of overall market penetration and sales growth within
Group Mobile.
Mr. White added, "as we continue to grow our team and position the company for
prolonged expansion, we are thrilled for Troy to fill the vital role of leading
the North Eastern Region sales efforts. Troy's industry knowledge and
experience in working with industry leading Fortune 500 enterprise customers to
develop their mobile technology roadmaps, will allow him to make an immediate
contribution within our company."
About Group Mobile
Headquartered in Phoenix, AZ, Group Mobile serves customers all over North
America. Customers range from Fortune 500 companies and the U.S. Military, to
local police/fire/ambulance, to small and mid-size businesses, to the frequent
traveler that needs something more durable than a commercial, off-the-shelf
computer. Group Mobile carries all the leading rugged computing brands. In
addition, Group Mobile offers vehicle docking and mounting equipment from
Gamber-Johnson, Ram Mounts, and Havis. To learn more about rugged computers and
how they differ from commercial, indoor computers, check out the Rugged Computer
Guide or visit www.groupmobile.com.
About FORM Holdings Corp.
FORM Holdings Corp. is a diversified holding company that specializes in
identifying, investing in and developing companies with superior growth
potential. FORM's current holdings include Group Mobile, FLI Charge, Infomedia
and Intellectual Property Assets. Group Mobile is a provider of rugged, mobile
and field-use computing products, serving customers worldwide. FLI Charge
designs, develops, licenses, manufactures and markets wire-free conductive power
and charging solutions. Infomedia is a leading provider of customer relationship
management and monetization technologies to mobile carriers and device
manufacturers. The Intellectual Property division is engaged in the innovation,
development and monetization of intellectual property. To Learn more about Form
Holdings Corp., visit www.formholdings.com.
Forward-Looking Statements
This press release includes forward-looking statements, which may be identified
by words such as "believes," "expects," "anticipates," "estimates," "projects,"
"intends," "should," "seeks," "future," "continue," or the negative of such
terms, or other comparable terminology. Forward-looking statements are
statements that are not historical facts. Such forward-looking statements are
subject to risks and uncertainties, which could cause actual results to differ
materially from the forward-looking statements contained herein. Factors that
could cause actual results to differ materially include, but are not limited to:
our inability to license and monetize our patents, including the outcome of
litigation; our inability to monetize and recoup our investment with respect to
patent assets and other businesses that that we have acquired or acquire in the
future; our inability to develop and introduce new products and/or develop new
intellectual property; our inability to protect our intellectual property
rights; new legislation, regulations or court rulings related to enforcing
patents, that could harm our business and operating results; unexpected trends
in the mobile phone and telecom computing industries; our inability to raise
additional capital to fund our combined operations and business plan; our
inability to maintain the listing of our securities on a major securities
exchange; general economic conditions and level of information technology and
consumer electronics spending; the potential loss of one or more of our
significant Original Equipment Manufacturer ("OEM") suppliers, the potential
lack of market acceptance of our products; market acceptance, quality, pricing,
availability and useful life of our products and services, as well as the mix of
our products and services sold; potential competition from other providers and
products; our inability to retain key members of our management team; our
liquidity and other risks and uncertainties and other factors discussed from
time to time in our filings with the Securities and Exchange Commission ("SEC"),
including our annual report on Form 10-K filed with the SEC on March 10, 2016.
FORM expressly disclaims any obligation to publicly update any forward-looking
statements contained herein, whether as a result of new information, future
events or otherwise, except as required by law.
Contacts:
Investors and Media
212-309-7549
info(at)FormHoldings.com
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: FORM Holdings Corp. via GlobeNewswire
[HUG#2026675]
Unternehmensinformation / Kurzprofil:
Datum: 07.07.2016 - 14:30 Uhr
Sprache: Deutsch
News-ID 482077
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Kategorie:
Business News
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