SOURCE: Mojiva Inc.

Mojiva Inc.

October 06, 2011 09:00 ET

Mojiva Adds Three to Its Board of Directors, Including Mike Perlis

Vision and Experience Added to Management Team of the Leading Mobile Advertising Technology Company

NEW YORK, NY--(Marketwire - Oct 6, 2011) - Mojiva Inc., parent company to the Mojiva mobile ad network and Mocean Mobile, a mobile ad serving platform, today announced the addition of three new members to its Board: Mike Perlis, President and CEO of Forbes Media, Mike LaSalle and Will Wynperle, partners at Shamrock Capital Advisors.

Mike Perlis is a respected media veteran, bringing more than 25 years of experience from a wide range of global content and multimedia brands; he has been a regular advisor to Mojiva. As an Investor with Softbank Capital, his board experience included Huffington Post (sold to AOL), Associate Content (sold to Yahoo!) and GSI Commerce (sold to eBay). Mike LaSalle brings over 10 years of media, entertainment, and communications investment experience. He currently serves as a director of INgrooves, Media Storm, and Harlem Globetrotters International. Will Wynperle brings over 13 years of media, entertainment, and communications investment experience and also serves on the boards of K2 Towers and Media Storm.

"A tremendous transfer of value is underway in media, as the world continues to shift to mobile. Our new board members' track records in financing, building and guiding digital media companies from growth to exit is sterling," said Miles Spencer, Mojiva's Founder and Chairman. "Mike Perlis has been working with us for some time, so his election to the board was a logical step and anticipated. His deep experience in this space is invaluable."

"With every fundamental shift in how people consume information, only a handful of companies emerge to fill in the needs of the businesses delivering and monetizing that content," said Perlis. "Mojiva's management is visionary and the company is at the forefront of the charge for mobile advertising."

Perlis, LaSalle, and Wynperle join Mojiva Inc's current board, which includes CEO David Gwozdz, Miles Spencer, SVP of Strategic Alliances and Co-Founder Dan Goikhman, telecommunications executive Daniel Petri, principal and CFO of Bertlesmann Digital Media Investments Urs Cete, and Managing Director at Pelion Venture Partners Blake Modersitzki.

About Mojiva Inc.

Mojiva Inc. is the parent company of the mobile ad network, Mojiva (www.mojiva.com), and the mobile ad serving platform, Mocean Mobile (www.moceanmobile.com). Through deep and open integration with all major rich media providers in the Mojiva Mobile Creative Alliance (www.mojivamca.com), Mojiva reaches more than 100 million users in the US and represents more than 3,000 mobile publisher and apps. Mocean Mobile created one on of the first technology platforms that streamlines publishers', developers' and app stores' mobile revenue opportunities by providing the ability to serve display ads to all mobile devices, including smart phones, tablets and netbooks. Founded in May 2008 and based in New York City, Mojiva Inc. is led by a team of advertising and media veterans from Google, Double Click, Yahoo, Nokia and AdMob, with more than 100 years of collective experience in digital and mobile marketing and technology. The company has a total of $35 million venture funding from Pelion Partners and Bertelsmann Digital Media Investments.

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