SOURCE: rVue Holdings, Inc.

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May 29, 2014 08:05 ET

rVue Appoints Raymond J. Roman to Board of Directors

Seasoned Executive Augments Board With Mobile, Tech and Sales Experience

CHICAGO,IL--(Marketwired - May 29, 2014) - rVue Holdings, Inc., (OTCQB: RVUE), a premier advertising technology platform for digital place-based media, today announced the appointment of Raymond J. Roman, a recognized leader with more than 25 years of operational and managerial experience, particularly in the wireless telecommunications and technology sector, to its Board of Directors, effective immediately.

A former Senior Executive at Dell, Motorola, Ameritech, Mr. Roman is currently the Managing Partner of Retro CEO Consulting, a Management Consulting practice he founded in December of 2012. Prior to joining Retro, Mr. Roman served as Chief Operating Officer of Leap Wireless International, Inc., from January of 2011 to December of 2012. While at Leap, a nationwide prepaid wireless company, Mr. Roman successfully repositioned the business through new product launches and company re-branding, reducing costs and improving customer service through improved order fill rates, quicker inventory turns and product selection.

Earlier in his career, Mr. Roman held various key positions at Motorola, including Co-Head of the Mobile Device business, Head of Global Sales and General Manager of Mobile Devices North America, from 2001 to 2007. After demonstrating his success at Motorola, Mr. Roman served in senior executive positions at Dell, Inc. from 2007 to January 2011. As Vice President of the Communication Solutions Group at Dell, he was one of a small group of executives charged with building a mobility business involving cell phones, smartphones, tablet devices and innovative netbooks for the company. With global responsibility for Sales, Marketing, Service and Operations, Mr. Roman helped launch the business from break-even to profitability according to plan.

Additionally, from 1993 to 2000, Mr. Roman served in various senior operating and finance roles at companies including the Ameritech Corporation and Kraft Foods. In recognition of his impact and influence, Mr. Roman was named to Crain's Chicago Business "40 Under 40" in 2005.

"Ray is an outstanding addition to rVue's board," said Mark Pacchini, President and CEO of rVue Holdings, Inc. "He brings a wealth of mobile, tech and sales expertise to our organization. We are looking to provide clients with various ways to drive engagement with our screens and Ray's mobile experiences at Dell, Motorola and Leap will greatly enhance that effort. He has an extensive history of leading businesses within the technology space, which will be invaluable to rVue. He will be a stellar addition to our board and we look forward to working with him."

Mr. Roman added, "rVue is making great progress in its effort to pull incremental revenue and add efficiency and engagement to the digital place-based advertising industry, and I am excited to become part of this organization at this pivotal point in rVue's development."

Mr. Roman is a graduate of the University of Illinois where he earned a Bachelor's of Science in Finance. He earned his Master's in Business Administration at the University of Chicago.

About rVue:
rVue Holdings, Inc. is an advertising technology company providing a digital distribution platform for the Digital Place-Based Advertising industry. The Company connects approximately one million digital screens across 190 networks delivering access to 250 million daily impressions in one simple platform. Backed by the industry's most intuitive and intelligent platform, rVue has the technology, data and expertise to connect brands and targeted consumers where and when it matters most. For more information, please visit http://www.rvue.com.

Forward Looking Statements:

This press release contains "forward looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The statements contained in this press release that are not purely historical are forward-looking statements. Forward-looking statements give the Company's current expectations or forecasts of future events. Such statements are subject to risks and uncertainties that are often difficult to predict and beyond the Company's control, and could cause the Company's results to differ materially from those described. The Company is providing this information as of the date of this press release and does not undertake any obligation to update any forward looking statements contained in this press release as a result of new information, future events or otherwise. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends affecting the financial condition of our business. Forward looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Important factors that could cause such differences include, but are not limited to, the Risk Factors and other information set forth in the Company's Annual Report on Form 10-K filed on March 20, 2014 and in our other filings with the Securities and Exchange Commission.

Contact Information

  • Mark Pacchini
    312-361-3368
    
    or 
    
    Dean Peterson
    312-219-8835