NEWPORT BEACH, California, April 14, 2016 /PRNewswire/ --
Accelerize (OTCQB: ACLZ) (OTCBB: ACLZ), and its marketing software division CAKE, today announced the appointment of Anthony (Andy) Mazzarella to the position of Executive Vice President and Chief Financial Officer. Mr. Mazzarella, who assumed the role of Interim Chief Financial Officer in January 2016, brings over 30 years of executive management and finance experience to Accelerize with a particular focus in managing high-growth technology companies.
"We are thrilled to have Andy join the team at Accelerize as we position the company for future expansion," said Brian Ross, Chief Executive Officer, Accelerize. "As a CEO and CFO of several cutting-edge technology companies, his wealth of experience in capital markets and M&A will be an invaluable asset for our company as we expand our global footprint and ramp our profitable revenue streams. In the few short months he has worked with us at the interim level he has already made a significant impact in setting the stage for Accelerize to achieve rapid recurring revenue growth and strong bottom-line results."
Prior to joining Accelerize, Mr. Mazzarella has held senior-level executive roles at more than half a dozen technology companies, both public and private. He most recently served as Chief Executive Officer at Scalable Network Technologies, a privately held high performance network simulation software provider. As a founder and Chief Executive Officer of AOptix Technologies from 2000 to 2005, he raised more than $50 million in private equity capital for the development of the company's high-speed laser communication equipment. As Chief Financial Officer of iMALL, a publicly traded ecommerce company, he helped navigate the company from the OTCBB to a NASDAQ uplisting and eventual sale to Excite@Home for $565 million in 1999.
Mr. Mazzarella added, "I am excited to take on the role of CFO at this dynamic technology company that I believe is only beginning to tap into its vast potential. Accelerize is fulfilling a significant need in the digital marketing analytics world by providing CAKE, a leading SaaS-based platform, to a rapidly expanding and evolving industry. CAKE allows clients to optimize digital ad spend and marketing performance in this multi-billion dollar industry. I look forward to helping Accelerize build in prominence, scale and ultimately value for its stockholders."
In addition to his executive roles, Mr. Mazzarella has also served as a member of the Board of Directors of numerous other technology companies, including Mustang Software through its $290 million acquisition by Quintus, SuperNation, MyLife (Reunion.com), eForce Media and PatentVest. Earlier in his career he served as Vice President of Finance for The Davis Companies, Director of Planning for Twentieth Century Fox, and Senior Consultant with Deloitte & Touche.
Mr. Mazzarella received a bachelor's degree in physics from Pomona College and an MBA from the Harvard Business School.
Accelerize Inc. (OTCQB: ACLZ) (OTCBB: ACLZ) offers marketing technology solutions that revolutionize the way advertisers leverage their digital advertising data. For more information, visit http://www.accelerize.com.
Use of Forward-looking Statements
This press release may contain forward-looking statements from Accelerize Inc. within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and federal securities laws. For example, when Accelerize says that it believes it can achieve future expansion, expand its global footprint, ramp its profitable revenue streams, achieve rapid recurring revenue growth and strong bottom line results, and believes it is only beginning to tap its vast potential and says that it is going to build in prominence, scale and value for its shareholders, and when it uses other statements containing the words "believes," "anticipates," "plans," "expects," "will" and similar expressions, Accelerize is using forward-looking statements. These forward-looking statements are based on the current expectations of the management of Accelerize only, and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. The following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: changes in technology and market requirements; our technology may not be validated as we progress further; we may be unable to retain or attract key employees whose knowledge is essential to the development of our products and services; unforeseen market and technological difficulties may develop with our products and services; inability to timely develop and introduce new technologies, products and applications; loss of market share and pressure on pricing resulting from competition, which could cause the actual results or performance of Accelerize to differ materially from those contemplated in such forward-looking statements. Except as otherwise required by law, Accelerize undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. For a more detailed description of the risk and uncertainties affecting Accelerize, reference is made to Accelerize's reports filed from time to time with the Securities and Exchange Commission.
SOURCE Accelerize Inc.