Tapinator Appoints Institutional Software Investor as Senior Advisor
October 30 2019 - 6:30AM
InvestorsHub NewsWire
Tapinator Appoints
Institutional Software Investor as Senior
Advisor
New York, NY -- October 30, 2019 -- InvestorsHub NewsWire
-- Tapinator, Inc.
(“Tapinator,” “we,” “our,” or “us”) (OTCQB:
TAPM),
a developer and publisher of category
leading apps for mobile platforms today announced that Nils
Tristan, an experienced Wall Street software investor, has joined
Tapinator as a Senior Advisor.
Mr. Tristan is currently the Managing Member of
Avenue Line Capital, a private investment firm, founded in
2017. Prior to founding Avenue Line Capital, Mr. Tristan was
a Senior Equity Analyst covering the Technology Sector at Soros
Fund Management from November 2010 to December 2014. While at
Soros, Mr. Tristan focused on Software and Internet equities. Prior
to Soros, Mr. Tristan was a Limited Partner at Level Global
Investors and a Senior Equity Analyst at SAC Capital Advisors and
started his career as a Financial Analyst in the Global Investment
Research division at Goldman Sachs covering the Software
Sector.
Mr. Tristan will assist Tapinator with its
positioning to the investment community, market research, corporate
development and introductions to institutional buy-side and
sell-side relationships. Prior to joining Tapinator, Mr.
Tristan had already made a personal investment in Tapinator by
acquiring shares in the open market and has agreed to a one-year
lockup on those shares.
Tapinator’s President &
CFO, Andrew Merkatz, commented on the addition of Mr. Tristan, “We
are thrilled to have someone with Nils’ pedigree as a technology
investor who shares our conviction for the significant value
creation opportunity at Tapinator. I am personally excited to
work closely with Nils over the coming months to improve the
quality and breadth of our investor relations activities and to
expand our network of institutional and high net-worth
investors.”
Mr. Tristan also expressed,
“The trends driving the Mobile Gaming Industry are powerful and
long term in nature. The global proliferation of more powerful
devices, coupled with increasing data communication speeds, has
created a huge opportunity for delivering high quality games.
Tapinator’s portfolio of Category Leading Apps represents
a strong foundation for the company’s future growth. Tapinator has
demonstrated success in the Social Casino genre, with hit games
like Video Poker Classic and Solitaire Dash. I
look forward to working with Tapinator’s experienced executive team
to build shareholder value and to expand its investor
base.”
About Tapinator
Tapinator Inc. (OTCQB:
TAPM) develops and publishes category leading apps for mobile
platforms, with a significant emphasis on social-casino games.
Tapinator's library includes over 300 titles that, collectively,
have achieved over 470 million mobile downloads, including notable
properties such as Video Poker Classic and Solitaire
Dash. Tapinator generates revenues through the sale of branded
advertising and via consumer transactions, including in-app
purchases and subscriptions. Founded in 2013, Tapinator is
headquartered in New York, with product development and marketing
teams located in North America, Europe and Asia. Consumers can find
high-quality mobile entertainment wherever they see the ‘T’
character logo, or at http://tapinator.com.
Forward Looking Statements
To the
extent that statements contained in this press release are not
descriptions of historical facts regarding Tapinator, they are
forward-looking statements reflecting the current beliefs and
expectations of management made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
Words such as “believe,” “plan,” “feel,” "may," "will," "expect,"
"anticipate," "estimate," "intend," and similar expressions (as
well as other words or expressions referencing future events,
conditions or circumstances) are intended to identify
forward-looking statements. Forward-looking statements in this
release involve substantial risks and uncertainties that could
cause the development and monetization of our mobile games, future
results, performance or achievements to differ significantly from
those expressed or implied by the forward-looking statements.
Tapinator undertakes no obligation to update or revise any
forward-looking statements. The quoting and trading of the
Company's common stock on the OTCQB is often thin and characterized
by wide fluctuations in trading prices, due to many factors that
may have little to do with the Company's operations or business
prospects. As a result, there may be volatility in the market price
of the shares of the Company's common stock for reasons unrelated
to operating performance. Moreover, the OTCQB is not a stock
exchange, and trading of securities on it is often more sporadic
than trading of securities listed on a national securities
exchange. Accordingly, stockholders may have difficulty reselling
any of their shares. For a further description of the risks and
uncertainties that could cause actual results to differ from those
expressed in these forward-looking statements, as well as risks
relating to the business of the Company, please see the Company's Annual Report on Form 10-K
for the year ended December 31, 2018, including but not limited to
the discussion under "Risk Factors" therein, which the Company
filed with the SEC and may be viewed at http://www.sec.gov.
CONTACT:
Tapinator
Investor Relations
investor.relations@tapinator.com
914.930.6232
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