NextPlay Technologies Appoints Award-Winning Digital Media Executive, Andrew Greaves, as Chief Operating Officer, and Travel Industry Veteran, Tim Sikora, as Chief Information Officer
August 30 2021 - 10:40AM
via NewMediaWire –
NextPlay Technologies, Inc. (NASDAQ:
NXTP), a technology solutions company and digital business
ecosystem for digital advertisers, consumers, video gamers and
travelers, has appointed Andrew Greaves as chief operating officer.
Tim Sikora, was also appointed to serve as NextPlay’s chief
information officer, as well as president and chief operating
officer of the company’s NextTrip travel division.
Greaves brings to NextPlay more than 15 years of award-winning
achievement and senior level experience leading gaming, eSports and
digital media companies. He previously co-founded and served as COO
of Promethean TV, an award-winning interactive video overlay
service for digital media. He oversaw the company’s growth from
inception in 2016 to generating multi-millions in annual
revenue.
Prior to Promethean, Greaves served as vice president of product
and technology at Azubu.tv, an eSports streaming platform, where he
led the growth in monthly active users from 1 million to 20
million. He also oversaw the European expansion of the competitive
eSports platform, Virgin Gaming.com.
He earlier served in executive positions at Electronic Arts,
initially as a studio program director in Europe where he was
responsible for the localized adoption of EA technologies. Then as
senior producer for the EA SPORTS FIFA team, he oversaw the online
EA Sports Football portal that included five FIFA titles, including
the BAFTA award-winning FIFA10.
“Andrew’s appointment reflects the changing landscape of our
target markets that now increasingly encompass video gaming and
Connected TV services on an international scale,” stated NextPlay
co-CEO, Bill Kerby. “Given his many years of international
experience and success in eSports and digital media, we anticipate
Andrew to drive strong growth and market expansion, especially with
our newly acquired divisions that include Zappware for Connected TV
and HotPlay for in-game advertising. He will also help lead the
integration of these assets with our financial and travel
platforms.”
Commented Greaves: “The complementary businesses and
technologies that have become part of the NextPlay platform over
the last several months have created a commanding competitive
advantage for the company as a whole and in each of their
respective markets. I have to admire the company’s management and
board of directors for their vision, determination and brilliant
strategies that have transformed the company into a digital media
powerhouse during one of the most challenging periods ever in the
travel industry. I’m tremendously excited to join the company at
this pivotal stage in its growth and development.”
Added Kerby: “Also of great importance, Andrew’s appointment
allows Tim Sikora to focus on developing and growing our NextTrip
travel division and its integration with our new digital ecosystem.
Since joining us in the fall of 2019, Tim has transformed our
travel business. Introducing new ideas and insights, he vastly
strengthened our travel management and booking solutions for
businesses, property managers, travel distributors, and online
travel agencies worldwide.”
A highly accomplished executive and innovator, Sikora brings to
NextPlay more than 23 years of IT, sales and operational experience
in the travel industry. He previously served as director of North
America Sales at Boeing, the world's largest aerospace company. He
earlier served as director of Information Technology End User
Services at US Airways, and VP of airline operations and chief
information officer at Caribbean Sun Airlines.
“The travel industry continues to experience recovery, creating
a multitude of growth opportunities unique to these times,”
commented Sikora. “We recognize it is critical we seize upon them
today—especially while we enjoy the clear advantage provided by our
leading travel technology which is used by travel industry leaders,
such as Trisept Solutions, HomeToGo and numerous others in our
pipeline. In 2021 we have positioned NextTrip Business and NextTrip
Journeys for growth by combining innovative technology with
personalized service that will only be strengthened by key new
elements of our digital ecosystem.”
About NextPlay Technologies
NextPlay Technologies, Inc. (Nasdaq: NXTP) is a technology
solutions company offering games, in-game advertising,
crypto-banking, connected TV and travel booking services to
consumers and corporations within a growing worldwide digital
ecosystem. NextPlay’s engaging products and services utilize
innovative AdTech, Artificial Intelligence and Fintech solutions to
leverage the strengths and channels of its existing and acquired
technologies. For more information about NextPlay Technologies,
visit www.NextPlayTechnologies.com and follow us on Twitter
@NextPlayTech and LinkedIn.
Forward-Looking Statements
This press release includes “forward-looking statements” within
the meaning of, and within the safe harbor provided by the Safe
Harbor Provisions of the Private Securities Litigation Reform Act
of 1995, 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 give our current expectations, opinions,
beliefs or forecasts of future events and performance. A statement
identified by the use of forward-looking words including “will,”
“may,” “expects,” “projects,” “anticipates,” “plans,” “believes,”
“estimate,” “should,” and certain of the other foregoing statements
may be deemed forward-looking statements. Although the Company
believes that the expectations reflected in such forward-looking
statements are reasonable, these statements involve risks and
uncertainties that may cause actual future activities and results
to be materially different from those suggested or described in
this news release. Factors that may cause such a difference include
risks and uncertainties related to our need for additional capital
which may not be available on commercially acceptable terms, if at
all, which raises questions about our ability to continue as a
going concern; the fact that the COVID-19 pandemic has had, and is
expected to continue to have, a significant material adverse impact
on the travel industry and our business, operating results and
liquidity; amounts owed to us by third parties which may not be
paid timely, if at all; certain amounts we owe under outstanding
indebtedness which are secured by substantially all of our assets
and penalties we may incur in connection therewith; the fact that
we have significant indebtedness, which could adversely affect our
business and financial condition; uncertainty and illiquidity in
credit and capital markets which may impair our ability to obtain
credit and financing on acceptable terms and may adversely affect
the financial strength of our business partners; the officers and
directors of the Company have the ability to exercise significant
influence and voting control over the Company; stockholders may be
diluted significantly through our efforts to obtain financing,
satisfy obligations and complete acquisitions through the issuance
of additional shares of our common or preferred stock; if we are
unable to adapt to changes in technology, our business could be
harmed; our travel business depends substantially on property
owners and managers renewing their listings; if we do not
adequately protect our intellectual property, our ability to
compete could be impaired; our long-term success depends, in part,
on our ability to expand our property owner, manager and traveler
bases outside of the United States and, as a result, our business
is susceptible to risks associated with international operations;
unfavorable changes in, or interpretations of, government
regulations or taxation of the evolving ALR, Internet and
e-commerce industries which could harm our operating results; risks
associated with the operations of, the business of, and the
regulation of our recent acquisitions of Longroot Holding
(Thailand) Company Limited (Longroot), HotPlay Enterprise Limited
(HotPlay) and NextBank International (formerly IFEB); the market in
which we participate being highly competitive, and because of that
we may be unable to compete successfully with our current or future
competitors; our potential inability to adapt to changes in
technology, which could harm our business; the volatility of our
stock price; risks associated with the integration of the
operations of HotPlay, Longroot and IFEB, which acquisitions we
recently competed; the fact that we may be subject to liability for
the activities of our property owners and managers, which could
harm our reputation and increase our operating costs; and that we
have incurred significant losses to date and require additional
capital which may not be available on commercially acceptable
terms, if at all. More information about the risks and
uncertainties faced by NextPlay are detailed from time to time in
NextPlay’s periodic reports filed with the SEC, including its most
recent Annual Report on Form 10-K and Quarterly Reports on Form
10-Q, under the headings “Risk Factors”. These reports are
available at www.sec.gov. Other unknown or unpredictable factors
also could have material adverse effects on the Company’s future
results and/or could cause our actual results and financial
condition to differ materially from those indicated in the
forward-looking statements. Investors are cautioned that any
forward-looking statements are not guarantees of future performance
and actual results or developments may differ materially from those
projected. The forward-looking statements in this press release are
made only as of the date hereof. The Company takes no obligation to
update or correct its own forward-looking statements, except as
required by law, or those prepared by third parties that are not
paid for by the Company. If we update one or more forward-looking
statements, no inference should be drawn that we will make
additional updates with respect to those or other forward-looking
statements.
Source: NextPlay Technologies, Inc
Company Contacts:NextPlay Technologies, IncRichard
MarshallDirector of Corporate DevelopmentTel (954)
888-9779richard.marshall@NextPlayTechnologies.com
NextPlay Technologies (NASDAQ:NXTP)
Historical Stock Chart
From Aug 2024 to Sep 2024
NextPlay Technologies (NASDAQ:NXTP)
Historical Stock Chart
From Sep 2023 to Sep 2024