LAS VEGAS, Dec. 1, 2015 /PRNewswire/ -- Remark Media,
Inc., (NASDAQ: MARK) the Las
Vegas-based digital media company specializing in the
Millennial demographic, entered into a contract to manage local
marketing and community relations efforts for ride-sharing service
Lyft in Las Vegas.
"Remark has built a unique position in Las Vegas marketing and advertising, which was
further strengthened by our September
2015 acquisition of the city's premier travel and
entertainment booking site, Vegas.com," said Remark Media's
Chairman and CEO Kai-Shing Tao. "We
have experience reaching a demographic that is well served by Lyft,
making us a perfect match. We are excited about the opportunity to
help Lyft better serve the needs of the greater Las Vegas community, and we intend to pursue
additional relationships with like-minded companies."
For marketing partnership opportunities or more information on
Remark Media, please visit www.remarkmedia.com. Interested parties
can contact Lauren Rogat directly at
lrogat@remarkmedia.com.
About Lyft:
Lyft was founded to reconnect people and
communities through better transportation. Co-founded in June
2012 by Logan Green and John Zimmer, Lyft is
the fastest growing rideshare company in the U.S. Available in more
than 150 cities, Lyft is preferred by drivers and passengers for
its safe and friendly experience, and its commitment to affecting
positive change for the future of our cities.
About Remark Media:
Remark Media, Inc. (MARK) is a
global digital media company which owns and operates digital media
properties, such as websites and applications for mobile devices,
that provide unique, dynamic digital media experiences in multiple
content verticals including travel, personal finance, social media,
young adult lifestyle, and entertainment. The company is
headquartered in Las Vegas,
Nevada, with additional operations in Beijing and Chengdu,
China. For more information, please visit the Company's
website at www.remarkmedia.com.
Forward-Looking Statements
This press release contains
"forward-looking statements," as defined in Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. Forward-looking
statements may be in the future tense, and often include words such
as "anticipate", "expect", "project", "believe", "plan",
"estimate", "intend", "will" and "may". These statements are based
on current expectations, but are subject to certain risks and
uncertainties, many of which are difficult to predict and are
beyond the control of Remark Media. Relevant risks and
uncertainties include those referenced in Remark Media's filings
with the SEC, and include but are not limited to: its losses and
need to raise capital; its ability to successfully manage its
growth; its ability to procure content and monetize audiences;
recent and future changes in technology, services and standards; a
disruption or failure of its or its vendors' network and
information systems or other technology relied on by Remark Media;
changes in consumer behavior, including changes in spending
behavior and changes in when, where and how content is consumed;
the popularity of its products and services; changes in its plans,
initiatives and strategies, and consumer acceptance thereof;
competitive pressures, including as a result of user fragmentation
and changes in technology; changes in advertising market conditions
or advertising expenditures due to, among other things, economic
conditions, changes in consumer behavior, pressure from public
interest groups, changes in laws and regulations and other societal
or political developments; piracy and Remark Media's ability to
exploit and protect its intellectual property rights in and to its
content and other products; restrictions on intellectual property
under agreements with third parties; challenges inherent in
developing an online business; reliance on key personnel; risks of
business in foreign countries, notably China, including obtaining regulatory
approvals and adjusting to changing political and economic
policies; governmental laws and regulations, including unclear and
changing laws and regulations related to the Internet sector in
foreign countries, especially China; general industry conditions and
competition; and general economic conditions, such as advertising
rate, interest rate and currency exchange rate fluctuations. These
risks and uncertainties could cause the company's actual results to
differ materially from those expressed in or implied by the
forward-looking statements, and therefore should be carefully
considered. Remark Media assumes no obligation to update any
forward-looking statements as a result of new information or future
events or developments, except as required by law.
Remark Media Contact:
Lauren
Rogat
lrogat@remarkmedia.com
Remark Investor Relations Contact:
Douglas Osrow
Remark Media, Inc.
702-701-9514
Investor Relations Contact:
Becky Herrick / Kirsten
Chapman
LHA Investor Relations
remarkmedia@lhai.com
415-433-3777
Logo -
http://photos.prnewswire.com/prnh/20151201/292040LOGO
Logo - http://photos.prnewswire.com/prnh/20150604/220788LOGO
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/remark-media-secures-marketing-representation-deal-with-lyft-las-vegas-300185885.html
SOURCE Remark Media, Inc.