Agilivant Names James L. Mandel as CEO

VANCOUVER, Wash., July 29, 2014 /PRNewswire/ -- Rene Babi, CEO and founder of Agilivant, announced today that James L. Mandel, the longtime CEO of Multiband Corporation, has accepted the position of CEO of Agilivant beginning August 1.

Mr. Mandel led Multiband from $5 Million to $310 Million in revenue, then sold it to Goodman Networks of Plano, Texas in August, 2013 for an all cash transaction of $112 Million.  Mr. Mandel continued in his capacity at Multiband until this month.

Agilivant has been enhancing its revolutionary banking technology and expanding its marketing presence in Asia Pacific and North America. It is now ready to roll out its international money transfer and debit based mobile payment services to global banks and telecommunications companies.  Mr. Mandel will be responsible for overseeing this worldwide deployment and operations. 

"I am excited to join an entity that is truly poised for explosive growth and profitability. This is a phenomenal opportunity to join an extremely talented team focused on changing the way the world's banking and telecommunications entities deal with the complexities of new regulatory processes and evolving technologies," stated Mr. Mandel.

Mr. Babi commented, "All of us at Agilivant welcome Jim on board and look forward to the positive impact he will make on Agilivant and its customers. Jim's extensive public company experience and operational acumen make him a perfect fit for our evolving needs."

Mr. Babi will replace Mr. Jeffrey Hattara as the Executive Chairman of the Board, and assume the title of  Chief Strategy and Technology Officer reporting directly to the Board. Mr Babi stated, "I need to stay focused on the company's strategic direction, business opportunities, and technology revolution as they apply to our future."

Mr. Hattara, former CEO of Data Card, a $500 Million international supplier of bank and ID cards, will continue as an Agilivant Board member and will focus on new business development.

Mr. Robert Riess will be joining Agilivant as Vice President of Marketing.  Mr. Riess brings over 17 years of sales and marketing experience as part of Mr. Mandel's prior team.

For more information contact:

James Mandel
CEO
Agilivant
[email protected]

SOURCE Agilivant