IRVINE, Calif., March 13, 2015 /PRNewswire/ -- Content
syndication and monetization company, Adaptive Medias, Inc. (OTCQB:
ADTM), a leader in programmatic advertising across mobile, video
and online display, today announced that it has appointed
Omar Akram, 44, co-founder and Vice
President of Product and Technology, to the additional roles of
President and Chief Financial Officer of the Company, effective
immediately.
"On behalf of the Board of Adaptive Medias, I am excited to
announce the expansion of Mr. Akram's role at the Company," said
Jim Waltz, Acting Chief Operating
Officer of Adaptive Medias, Inc. "Mr. Akram is a seasoned
operations and technology executive who has a demonstrated ability
to strategically manage, grow, and optimize complex organizations.
Since cofounding the Company over two years ago, he has been
instrumental in helping Adaptive Media further develop the
company's proprietary technology platform that has resulted in
nearly eight quarters of double-digit consecutive revenue
growth. We are confident that Mr. Akram will help guide
Adaptive Medias into the next phase of its growth and build upon
company's successes to date," concluded Mr. Waltz.
Mr. Akram has over 15 years of experience in development and
operations, with expertise in multiple life-cycle methodologies
from conception to completion and a strong background in ad
platforms, operations, targeting technology, product
implementation, e-commerce, and overall site monetization
strategy. Prior to joining the Company, Mr. Akram served as a
Director of Product Development at Tactara from March 2012 until January
2013, where he primarily built out the Display RTB platform;
Senior Product Development Manager at SpinMedia from December 2011 until April
2012, where he managed an Ad Production team consisting of
developers and designers; and Senior Product/Project Development
Manager at Epic Marketplace from April
2009 until November 2011,
where he was responsible for successfully migrating the core
Ad-Serving platform to a white labeled solution, deploying a data
warehousing/ BI solution, and migrating the company's Ad-Serving
platform to a cloud vendor. Mr. Akram attended California State University in Long Beach.
ABOUT ADAPTIVE MEDIAS, INC.
Adaptive Media is a programmatic audience and content
monetization provider for website owners, app developers and video
publishers who want to more effectively optimize content through
advertising. The Company provides a foundation for publishers and
developers looking to engage brand advertisers through a
multi-channel approach that delivers integrated, engaging and
impactful ads across multiple devices. Adaptive Media meets the
needs of its publishers with an emphasis on maintaining user
experience, while delivering timely and relevant ads through its
multi-channel ad delivery and content platform. For more
information, please visit www.adaptivem.com. Also, follow them on
Twitter @adaptive_m.
This Press Release may contain certain forward-looking
statements within the meaning of the Securities Litigation Reform
Act of 1995. Adaptive Medias, Inc. has tried, whenever possible, to
identify these forward-looking statements using words such as
"anticipates," "believes," "estimates," "expects," "plans,"
"intends," "potential" and similar expressions. These statements
reflect Adaptive Medias' current beliefs and are based on
information currently available to it. Accordingly, such
forward-looking statements involve known and unknown risks,
uncertainties and other factors which could cause Adaptive Medias'
actual results, performance or achievements to differ materially
from those expressed in or implied by such statements. Adaptive
Medias undertakes no obligation to update or provide advice in the
event of any change, addition or alteration to the information
contained in this Press Release including such forward-looking
statements."
Investor Contact:
AJ Homayun
ahomayun@irpartnersinc.com
818-280-6800
PR Contact:
Zach Weiner
Email: pr@adaptivem.com
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SOURCE Adaptive Medias, Inc.