GROUP MOBILE EXPANDS SALES TEAM TO DRIVE INDUSTRY-LEADING GROWTH
July 07 2016 - 8:30AM
NEW YORK - July 7, 2016 -
FORM Holdings Corp. (NASDAQ: FH), a diversified holding company,
today announced that Criss Cross will join the company's wholly
owned subsidiary, Group Mobile, as Senior Vice President of Public
Sector, and that Troy Ware will join as Eastern Region Sales
Manager, effective immediately.
"These two appointments underscore our commitment
to supporting our customers first and foremost. We are excited to
have Criss lead our public safety business which will build heavily
on her strong relationships with both customers and providers of
products and services," says Darin White, President of Group
Mobile.
Criss Cross brings many years of leadership
experience in the public sector arena to Group Mobile. In
particular, Cross' background encompasses critical connectivity and
mobile video solutions for public safety, including body-worn
cameras, in-vehicle routers as well as data hosting management,
service and maintenance. During her four-year tenure at Utility
Associates, Cross contributed to revenue generating activities,
directly strengthening the company's strategic position. Cross'
expertise in the public sector market will help maximize the
company's potential for future growth.
Troy Ware brings more than twenty years of
experience in computer hardware, manufacturing, distribution,
e-commerce and telematics to Group Mobile. Ware has a proven track
record, having contributed to rapid revenue growth during his
tenures at MobileSalesWare, General Dynamics-Itronix and Getac.
Ware's knowledge of advanced mobile hardware solutions will help
drive new business through key accounts and the continuation of
strategic partnerships within the industry, leading to an increase
of overall market penetration and sales growth within Group
Mobile.
Mr. White added, "as we continue to grow our team
and position the company for prolonged expansion, we are thrilled
for Troy to fill the vital role of leading the North Eastern Region
sales efforts. Troy's industry knowledge and experience in
working with industry leading Fortune 500 enterprise customers to
develop their mobile technology roadmaps, will allow him to make an
immediate contribution within our company."
About Group
Mobile
Headquartered in Phoenix, AZ, Group Mobile serves customers all
over North America. Customers range from Fortune 500 companies and
the U.S. Military, to local police/fire/ambulance, to small and
mid-size businesses, to the frequent traveler that needs something
more durable than a commercial, off-the-shelf computer. Group
Mobile carries all the leading rugged computing brands. In
addition, Group Mobile offers vehicle docking and mounting
equipment from Gamber-Johnson, Ram Mounts, and Havis. To learn more
about rugged computers and how they differ from commercial, indoor
computers, check out the Rugged Computer Guide or visit
www.groupmobile.com.
About FORM Holdings
Corp.
FORM Holdings Corp. is a diversified holding company that
specializes in identifying, investing in and developing companies
with superior growth potential. FORM's current holdings include
Group Mobile, FLI Charge, Infomedia and Intellectual Property
Assets. Group Mobile is a provider of rugged, mobile and field-use
computing products, serving customers worldwide. FLI Charge
designs, develops, licenses, manufactures and markets wire-free
conductive power and charging solutions. Infomedia is a leading
provider of customer relationship management and monetization
technologies to mobile carriers and device manufacturers. The
Intellectual Property division is engaged in the innovation,
development and monetization of intellectual property. To Learn
more about Form Holdings Corp., visit www.formholdings.com.
Forward-Looking
Statements
This press release includes forward-looking statements, which may
be identified by words such as "believes," "expects,"
"anticipates," "estimates," "projects," "intends," "should,"
"seeks," "future," "continue," or the negative of such terms, or
other comparable terminology. Forward-looking statements are
statements that are not historical facts. Such
forward-looking statements are subject to risks and uncertainties,
which could cause actual results to differ materially from the
forward-looking statements contained herein. Factors
that could cause actual results to differ materially include, but
are not limited to: our inability to license and monetize our
patents, including the outcome of litigation; our inability to
monetize and recoup our investment with respect to patent assets
and other businesses that that we have acquired or acquire in the
future; our inability to develop and introduce new products and/or
develop new intellectual property; our inability to protect our
intellectual property rights; new legislation, regulations or court
rulings related to enforcing patents, that could harm our business
and operating results; unexpected trends in the mobile phone and
telecom computing industries; our inability to raise additional
capital to fund our combined operations and business plan; our
inability to maintain the listing of our securities on a major
securities exchange; general economic conditions and level of
information technology and consumer electronics spending; the
potential loss of one or more of our significant Original Equipment
Manufacturer ("OEM") suppliers, the potential lack of market
acceptance of our products; market acceptance, quality, pricing,
availability and useful life of our products and services, as well
as the mix of our products and services sold; potential competition
from other providers and products; our inability to retain key
members of our management team; our liquidity and other risks and
uncertainties and other factors discussed from time to time in our
filings with the Securities and Exchange Commission ("SEC"),
including our annual report on Form 10-K filed with the SEC on
March 10, 2016. FORM expressly disclaims any obligation to
publicly update any forward-looking statements contained herein,
whether as a result of new information, future events or otherwise,
except as required by law.
Contacts:
Investors and Media
212-309-7549
info@FormHoldings.com
This
announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: FORM Holdings Corp. via Globenewswire
HUG#2026675
XpresSpa (NASDAQ:XSPA)
Historical Stock Chart
From Mar 2024 to Apr 2024
XpresSpa (NASDAQ:XSPA)
Historical Stock Chart
From Apr 2023 to Apr 2024