SOURCE: CommerceTel Corporation

CommerceTel Corporation

February 09, 2012 08:30 ET

CommerceTel Appoints Tim Schatz as Its CFO

SAN DIEGO, CA--(Marketwire - Feb 9, 2012) - CommerceTel Corporation (OTCBB: MFON) ("CommerceTel" or "Company"), an award-winning provider of proprietary mobile marketing technologies and solutions, announced that the board of directors has appointed Tim Schatz as the Company's Chief Financial Officer, effective February 1, 2012.

Mr. Schatz has been with the Company since January 2010 in various capacities, including Director of Finance. From 2008 to 2009, Mr. Schatz was the Corporate Accounting Manager for Locallife USA ("Locallife"), a private internet search engine technology company. Prior to joining Locallife, Mr. Schatz spent 13 years with Enterprise Rent-A-Car in various management and finance roles. Mr. Schatz graduated with a Bachelor of Science in Accounting from San Diego State in 1995.

"Tim is uniquely qualified to lead us through our next phase of growth," said Dennis Becker, CEO of CommerceTel. "Because he has an in-depth understanding of our strategy, finances and acquisitions, we can focus on executing our existing initiatives while further bolstering our internal controls and processes. Tim will also become more involved with our investor relations and corporate communications efforts as we increase our outreach to current and prospective investors."

About CommerceTel

CommerceTel is an award-winning provider of proprietary mobile marketing technologies and the inventor of C4, a unique, enterprise-grade platform empowering brands to engage mobile consumers via multiple channels. The only system of its kind, C4 is a cloud-based solution providing broad mobile communications and extensive CRM features. It is integrated with multiple tier-one PSTN/ IP carriers and micropayment processing facilities as well as with carrier premium SMS billing systems. Customers include CNN, Disney, Sony Pictures, AT&T, Verizon, USA Network, numerous professional sports franchises, the Golf Channel, and NBC Universal. For more information on CommerceTel, please visit www.commercetel.com.

Contact Information

  • For additional information, contact:

    CommerceTel Company Contact:
    Dennis Becker
    CEO
    Phone: +1-619-725-0990
    Email: Email Contact

    Investor & Media Relations:
    MZ Group - North America
    Mark McPartland
    SVP
    Phone: +1-646-593-7140
    Email: Email Contact
    Web: www.mz-ir.com