CARLSBAD, Calif., April 16, 2013 /PRNewswire/ – NTN Buzztime, Inc. (NYSE MKT: NTN), North America's leader in bar and restaurant entertainment, today announced the appointment of Kirk Nagamine as its new Chief Revenue Officer. In his new role, Mr. Nagamine will be responsible for the direction and management of the sales force and its operations and will drive the Company's achievement of its customer acquisition and revenue goals.
"Kirk complements our goal of changing company culture, product and sales channels. Kirk is both a proven entrepreneur with loyalty products, which are an important component of our NextGen platform, and accomplished as a sales and corporate development leader at places such as Entertainment Publications, where he managed half the country and over 400 sales people, and as GM of the joint venture between Microsoft and Cendent known as Sidewalk.com. We are excited to have him on board as a key member of the senior management team," said Jeff Berg, the Company's interim CEO.
Mr. Nagamine joins Buzztime with over 20 years of executive management experience. Prior to joining Buzztime, Mr. Nagamine has spent the last decade developing loyalty technologies used by small business and Fortune 500 companies alike. He brings a deep understanding of technology, business development and sales as well as significant experience in helping companies to monetize emerging technology based solutions. Mr. Nagamine's experience also includes serving as Senior Vice President of Sales for Fanfare Media Works, Inc., Senior Vice President of Corporate Development for Entertainment Publications, Inc. and Senior Vice President and General Manager of Sidewalk.com. Mr. Nagamine has a Bachelor of Science degree in Economics and Business Administration from St. Mary's College in Moraga, California.
NTN Buzztime, Inc. (NYSE MKT: NTN) is a leading bar and restaurant social entertainment and integrated marketing platform. Trusted by approximately 3,600 bars and restaurants in North America since 1985, Buzztime integrates trivia, card and sports games with in- and out-of-venue messaging and communication tools. With over 3.5 million registrations on the Buzztime platform and more than 52 million games played each year, Buzztime players spread the word and invite friends and family to their favorite Buzztime location to enjoy an evening of fun and competition. With Buzztime entertainment and marketing solutions, bars and restaurants can turn casual visitors into regulars, and give guests a reason to stay longer. For the most up-to-date information on NTN Buzztime, please visit www.buzztime.com or follow us on Facebook or Twitter.
This release contains forward-looking statements which reflect management's current views of future events and operations, including but not limited to statements aboutchanges to our organization and management, driving achievement of customer acquisition and revenue, changing company culture, product and sales channels, and the number of locations, players and games. These statements are based on current expectations and assumptions that are subject to risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties include failure or delay in implementing goals or changes, the impact of alternative entertainment options and technologies, competitive products, and pricing, lower market acceptance or appeal of both existing and new products and services by particular demographic groups or audiences as a whole, the risks of adverse economic conditions, failure of customer and/or player demand, integration issues and other management and operational difficulties with our reorganizations or acquisitions, termination of partnership and contractual relationships and technical problems or outages. Please see NTN Buzztime, Inc.'s recent filings with the Securities and Exchange Commission for information about these and other risks that may affect the Company. All forward-looking statements included in this release are based on information available to us on the date hereof. These statements speak only as of the date hereof, and NTN Buzztime, Inc. does not undertake to publicly update or revise any of its forward-looking statements, even if experience or future changes show that the indicated results or events will not be realized.
COMPANY CONTACT: Kendra Berger Chief Financial Officer NTN Buzztime, Inc. (760) 438-7400
CCG CONTACT: Mark Collinson Partner CCG Investor Relations (310) 954-1343