SOURCE: Spindle

April 15, 2014 08:30 ET

Spindle Appoints Christopher J. Meinerz Chief Financial Officer and Chief Compliance Officer

Industry Veteran Brings Years of Expertise to Mobile Commerce Provider

SCOTTSDALE, AZ--(Marketwired - Apr 15, 2014) - Spindle, Inc., (OTCQB: SPDL), a leading provider of mobile commerce solutions, announced it has appointed Christopher J. Meinerz as chief financial officer and chief compliance officer. Mr. Meinerz brings more than 25 years of experience in the areas of corporate finance, treasury management and accounting to Spindle. His appointment is effective immediately.

Prior to joining Spindle, Meinerz served as chief financial officer and chief compliance officer at Next Generation Insurance Group (NGI), a national specialty insurance marketing firm located in Phoenix, AZ. In this capacity, he was responsible for the company's financial planning, treasury management, and compliancy activities. Before his tenure at NGI, Meinerz was executive vice president of finance and treasury for DDi Corp., an Anaheim, CA-based provider of circuit board engineering and manufacturing services. In addition, he served as global vice president of finance for eTelecare of Scottsdale, AZ, where he successfully helped launch that company's initial public offering in 2007. Meinerz is a graduate of the University of Wisconsin with degrees in accounting and finance. He began his career in public accounting with BDO Seidman in Chicago, IL, and Grant Thornton in Madison, WI.

"We are delighted to welcome Christopher Meinerz to Spindle, and are fortunate to have such an experienced professional to assist us in growing the company," said Bill Clark, Spindle's chief executive officer. "His success in overseeing dynamic growth has been impressive. We look forward to leveraging Chris' expertise as we continue to deliver new innovations that will meet the market's growing demand for mobile commerce solutions."

"Spindle has demonstrated both market savvy and innovative product development since the company's inception," said Meinerz. "I'm pleased to be part of what is sure to be a promising future for the organization, and look forward to helping Spindle elevate its profile among the financial entities that are invested in our success."

About Spindle, Inc.

Spindle is an innovator of mobile commerce solutions for financial services providers and consumer-facing merchants of all sizes. Spindle is focused on pioneering new ways for businesses to rapidly integrate mobile payments acceptance and mobile marketing services while empowering location-based merchant discovery, fulfillment and frictionless mobile payments for consumers. Spindle is dedicated to expanding beyond traditional electronic payment boundaries by offering cutting-edge solutions that allow clients, partners, merchants and consumers to take full advantage of the rapidly emerging mobile economy. Spindle has an extensive proprietary intellectual property portfolio -- which include patents pending -- that encompass networks, mobile payments, and security. For more information, visit www.spindle.com.

Forward-Looking Statements

This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, as well as statements that include words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements. All forward-looking statements involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements, as described in our reports filed with the Securities and Exchange Commission which are available for review at www.sec.gov, to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.

Contact Information

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