SOURCE: Options Media Group Holdings, Inc.

September 01, 2011 08:30 ET

PhoneGuard Strengthens Management Team With Highly Experienced CFO as It Moves Into Monetization Phase

BOCA RATON, FL--(Marketwire - Sep 1, 2011) - PhoneGuard, Inc., a subsidiary of Options Media Group Holdings, Inc. (OTCQB: OPMG) (PINKSHEETS: OPMG), a leading provider of mobile applications software, today announced the appointment of Jeffrey A. Yesner as Chief Financial Officer. Mr. Yesner has extensive SEC reporting experience gained during his many years within the corporate world and significant public accounting and auditing experience. He will be responsible for corporate-wide financial management as PhoneGuard moves into its monetization phase beginning in early October.

Mr. Yesner was most recently the Chief Accounting Officer at Medical Staffing Network Healthcare, LLC. He also gained significant financial management expertise with several growth-oriented corporations and within the public accounting sector. He began his accounting and auditing career at Arthur Andersen, LLP where he quickly rose through the ranks to Supervisory Senior at the firm.

Keith St. Clair, Chairman of the Board, commenting on the appointment of Mr. Yesner said, "We welcome Jeffrey to the company at this critical point in our corporate history as we move closer to our monetization phase and to the availability of our new PhoneGuard Pro product. Over the coming weeks as revenue increases we will undergo a significant transformation, which will require us to further strengthen our financial reporting mechanisms and executive level decision making abilities in order to manage the strong growth we are expecting. We view Jeffrey Yesner as the perfect fit to provide the financial leadership we require. We look forward to drawing on his vast experience in not only accounting, but in the area of critical financial related decision-making where he has excelled in previous positions. Please join me in welcoming him to the PhoneGuard team." Mr. Yesner will be replacing Steve Stowell, Options Media's current Chief Financial Officer, at the end of September.

Available for BlackBerry and Android smart phones, with iPhone development now complete pending launch, the Drive Safe application enables global positioning satellite (GPS) tracking to calculate the speed of travel while a vehicle is in motion. Once vehicle speed reaches 10 miles per hour, the Drive Safe application locks the phone's keyboard, preventing the user from emailing, surfing the web or texting while driving. Other Drive Safe™ features include an Auto-Reply button, a pre-set response that is automatically delivered to the texter or caller and reads I am driving and will contact you when I reach my destination; a Request Permission button that allows users to request permission from the administrator to have functionality of the mobile phone; and an Admin Override button, allowing the administrator to type in a set password to override PhoneGuard's System Settings so that specific mobile functions can be utilized. For example, if a child is riding the bus, Drive Safe will know he or she is in a moving vehicle and will disable the phone. The child will then hit Request Permission, which sends a text message to the administrator. The administrator can then text "yes" back to the disabled phone, unlocking the phone for 15 minutes. After this time limit, the keyboard will be disabled again.

PhoneGuard and Justin Bieber developed Drive Safe™ as a simpler and free version of a larger application suite. Their hope is to make Drive Safe™ accessible to as many drivers as possible.

For more information regarding PhoneGuard's Drive Safe™ responsible texting application, as well as Justin Bieber's joint campaign, visit or or on Twitter at @Phone_Guard.

About Options Media Holding Group, Inc.

PhoneGuard, Inc., a subsidiary of Options Media Group Holdings, Inc., is a leading provider of mobile applications software. The Company's flagship product, the Drive Safe™ anti-texting while driving software application suite, is a next-generation software suite with the most robust set of features and functions available today. The software product, which is easily downloadable to mobile phones, allows for global positioning satellite tracking of the mobile device in order to calculate the rate of speed of travel. Above certain predetermined speeds, the Drive Safe Software will lock the keyboard and prevent the user from emailing, surfing the web or texting. While Drive Safe Software is designed to prevent texting while driving, it also offers parents and employers the ability to monitor the driving habits of mobile phone users in order to prevent speeding. More information on PhoneGuard is at

Safe Harbor Statement

This press release contains forward-looking statements including moving into our monetization phase, expected increased revenues and strong growth. Forward-looking statements can be identified by words such as "anticipates," "intends," "plans," "seeks," "believes," "estimates," "expects" and similar references to future periods. Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Our actual results may differ materially from those contemplated by the forward-looking statements. We caution you therefore against relying on any of these forward-looking statements. They are neither statements of historical fact nor guarantees or assurances of future performance. Important factors that could cause actual results to differ materially from those in the forward-looking statements include unanticipated changes to the working relationship between Justin Bieber and PhoneGuard and willingness and the ability and willingness of downloaders to pay for the premium PhoneGuard Pro product.

Further information on Options Media's risk factors is contained in its filings with the Securities and Exchange Commission including its Form 10-K for the year ended December 31, 2010. Any forward-looking statement made by Options Media in this press release speaks only as of the date on which it is made. Factors or events that could cause actual results to differ may emerge from time to time, and it is not possible to predict all of them. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.

Contact Information

  • Contact Information:
    Christian Kirsebom
    Emerging Growth Research, LLC
    Telephone: (925) 247-6666