SOURCE: Accelerize New Media, Inc.
NEWPORT BEACH, CA--(Marketwired - Apr 30, 2013) - Accelerize New Media Inc. (OTCBB: ACLZ), owner and operator of Cake Marketing (www.cakemarketing.com), a highly scalable SaaS (Software-as-a-Service) platform providing comprehensive and complete online tracking solution for advertisers -- from acquisition through conversion -- today announced the engagement of SunTrust Robinson Humphrey, Inc., the full-service corporate and investment banking arm of SunTrust Banks, Inc. (NYSE: STI), to identify and consider a range of operational, financial, and strategic alternatives.
"Our company's significant growth and market opportunity has put us in a unique position to explore potential transactions to generate shareholder value," said Brian Ross, Chairman and CEO of Accelerize New Media Inc. "Teaming up with a full-service corporate and investment banking firm of SunTrust Robinson Humphrey's caliber is a testament that the company's recurring revenue business model is working and forms a sound base for the future. We look forward to working together with the SunTrust Robinson Humphrey team to identify ways to help fully realize our growth potential while utilizing cash flow to expand our business."
While undertaking this process, the Board and management team will remain highly focused on executing the company's operational plans.
There can be no assurances that the exploration of strategic alternatives will result in a transaction being entered into or consummated.
About SunTrust Robinson Humphrey
SunTrust Robinson Humphrey is the full-service corporate and investment banking arm of SunTrust Banks, Inc. and is headquartered in Atlanta, Georgia. It provides comprehensive capital raising, strategic advisory, risk management, and investment solutions to serve the needs of corporate clients across the nation. It also offers fixed income and equity research and sales and trading for institutional investors.
SunTrust Robinson Humphrey has extensive experience working with public and private companies of all sizes -- from emerging growth to the Fortune 500. While SunTrust Robinson Humphrey offers a complete array of solutions and advice for companies across all industries, it provides in-depth industry expertise and dedicated corporate and investment banking practices for certain core sectors, including business services, financial sponsors, building products, healthcare, consumer and retail, media and communications, energy, transportation, and financial services and technology.
More information on SunTrust Robinson Humphrey can be found at www.suntrustrh.com.
About Accelerize New Media, Inc.
Accelerize New Media, Inc. (OTCBB: ACLZ) owns and operates Cake Marketing, a highly scalable SaaS (Software-as-a-Service) platform providing a comprehensive and complete online tracking solution for advertisers -- from acquisition through conversion. Easy-to-use wizards and real-time reporting guide users through every step of managing and optimizing campaigns. From traffic providers to advertisers, tracking to data distribution, Cake Marketing offers the most robust platform to manage a business and analyze the performance of marketing relationships. Seamless integration with other services through a developed API eliminates bottlenecks while increasing ROI for advertisers.
Use of Forward-looking Statements
This press release may contain forward-looking statements from Accelerize New Media, Inc. within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and federal securities laws. For example, when we describe our plans to expand our business, realizing growth potential, enhancing shareholder value and our consideration of operational, financial and strategic alternatives, we are using forward looking statements. These forward-looking statements are based on the current expectations of the management of Accelerize New Media only, and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. The following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: changes in technology and market requirements; our technology may not be validated as we progress further; we may be unable to retain or attract key employees whose knowledge is essential to the development of our products and services; unforeseen market and technological difficulties may develop with our products and services; inability to timely develop and introduce new technologies, products and applications; loss of market share and pressure on pricing resulting from competition, which could cause the actual results or performance of Accelerize New Media to differ materially from those contemplated in such forward-looking statements. Except as otherwise required by law, Accelerize New Media undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. For a more detailed description of the risk and uncertainties affecting Accelerize New Media, reference is made to Accelerize New Media's reports filed from time to time with the Securities and Exchange Commission.