SOURCE: Accelerize

Accelerize

April 04, 2017 08:30 ET

CAKE by Accelerize Appoints New Vice President of Sales

Charles Teed to focus on expanding SaaS revenues in current and new markets across the globe

NEWPORT BEACH, CA--(Marketwired - Apr 4, 2017) - Accelerize (OTCQB: ACLZ) (OTCBB: ACLZ) and its digital marketing software division, CAKE, today announced the appointment of Charles Teed as Vice President of Sales. Teed brings a proven track record of achieving exceptional sales growth for SaaS-based businesses, and will focus on leading sales team efforts to expand Accelerize's core CAKE software licensing business in current and future markets across the globe.

"Charles brings a proven expertise in developing world-class sales organizations and rapidly growing revenue for a range of SaaS-based businesses that will be of great benefit to Accelerize as we launch our software into much larger market opportunities in 2017," said Santi Pierini, CAKE President and Chief Operating Officer of Accelerize. "Charles has a keen understanding of how to create bold go-to-market strategies while implementing the right balance of people, processes and technologies to achieve maximum results. We look forward to working with Charles and benefitting from his impressive skill set and industry relationships as CAKE continues to focus on forward momentum and driving profitable revenue growth for the benefit of our stockholders."

Prior to joining Accelerize, Teed has garnered more than a decade of experience driving sales and revenue growth for SaaS-based software companies. Most recently, as Vice President of Sales for Mavenlink, a leading provider of SaaS solutions for project management, he built and led a sales team that grew annual revenue from $500K to over $14MM in less than four years. At WebVisible, a leader in local online advertising, he managed a team within the organization that consistently achieved the highest monthly nationwide sales bookings. Teed began his sales management career at Freedom Financial Lending, where he grew sales volume from startup level to over $30MM from 2005 to 2010.

About CAKE by Accelerize
CAKE, a division of Accelerize Inc., provides a cloud-based solution to track and analyze the performance of digital marketing return on advertising spend, in real-time. Bringing clarity to multi-channel marketing campaigns, we empower advertisers, agencies, publishers and networks from more than 40 countries worldwide with the insight to make intelligent marketing decisions. CAKE by Accelerize is headquartered in Newport Beach, Calif. with operations in London and New Delhi. For more information, visit www.getCAKE.com.

About Accelerize
Accelerize Inc. (OTCQB: ACLZ) (OTCBB: ACLZ) offers marketing technology solutions that revolutionize the way advertisers leverage their digital advertising data. For more information, visit www.accelerize.com.

Use of Forward-looking Statements
This press release may contain forward-looking statements from Accelerize 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 Accelerize describes expanding its SaaS revenues and core software licensing business in current and new markets across the globe, launching into much larger opportunities and driving profitable revenue growth, and uses other statements containing the words "believes," "anticipates," "plans," "expects," "will" and similar expressions, Accelerize is using forward-looking statements. These forward-looking statements are based on the current expectations of the management of Accelerize 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; or, loss of market share and pressure on pricing resulting from competition, which could cause the actual results or performance of Accelerize to differ materially from those contemplated in such forward-looking statements. Except as otherwise required by law, Accelerize 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, reference is made to Accelerize's reports filed from time to time with the Securities and Exchange Commission.

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