Location Labs Expands Management Team to Support Rapid Growth

Akash Agarwal Joins as Senior Vice President to Spearhead Business Development

Jun 30, 2010, 09:02 ET from Location Labs Inc.

SAN FRANCISCO, June 30 /PRNewswire/ -- Location Labs Inc., the leader in providing mobile location-based services, today announced Akash Agarwal has joined the company's executive team as Senior Vice President of Business and Corporate Development. In his role at Location Labs, Agarwal will help accelerate the company's business development efforts and design the go-to-market strategy for new and existing product initiatives. This announcement comes on the heels of the company launching its Location-as-a Service Platform earlier this month.  

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Agarwal, who most recently held the position of VP of Business Development, and Sales at Plusmo Inc. (AT&T), brings significant sales, mobile and business development experience to Location Labs. During his tenure with Plusmo, the company's sales and market ranking catapulted, making it the #1 provider of mobile widgets before its acquisition by AT&T (AT&T Interactive, Yellow Pages, Division). Prior to his work at AT&T Agarwal was founder/CEO of Greennote.com, a leading venture-backed company in the social networking and microfinance space. In addition to this entrepreneurial work, Agarwal also held management roles at Mercury Interactive, Hewlett-Packard and Oracle Corporation.

"Akash is a great addition to our team. He combines the qualities of both an entrepreneur and an experienced general manager which is extremely critical to us as we grow," said Tasso Roumeliotis, CEO of Location Labs. "His extensive knowledge of mobile products and business will be valuable as we continue to expand our footprint and push the location-based services market into the main stream."

Location Labs' product strategy centers around providing developers and enterprises with access to industry leading geo-location APIs and the ability to locate over 180M phones through its carrier partnerships. Agarwal will work with Locations Labs' development team to continue to drive the innovation behind the company's Smartphone (iPhone®, Android, BlackBerry, Nokia & Windows) product initiatives which will target developers, marketers, and platform partners.

"Location Labs is a company at the forefront of the red hot Location-as-a-Service market and I am excited to be a part of this innovative team," said Akash Agarwal. "Location is a critical component of nearly all mobile applications today and I look forward to working with our developer and marketing partners to make the most of this unique opportunity."

Location Labs is hiring! If you are interested in new and exciting opportunities in the mobile location-services market, please review the jobs section on our website for details: http://location-labs.com/jobs.php

About Location Labs

Location Labs is the leader in providing mobile location-based services. The company's Location-as-a-Service Platform offers solutions to developers and enterprises to leverage location capabilities. The company's Universal Location Service Platform can locate well over 180MM devices in the U.S., while Location Labs' smartphone SDKs enable advanced location features, like Geofencing, for smartphone application developers. The company's technology also powers its industry-leading Family Management services across a number of different operator networks.

Location Labs has strategic partnerships with AT&T, Sprint-Nextel, T-Mobile, Qualcomm, Intel, as well as a number of other global partners. Location Labs was formerly operating as WaveMarket, Inc.

More information: http://www.location-labs.com

Press contact:

Michelle van Kriedt

PerkettPR

415.877.0230

locationlabs@perkettpr.com



SOURCE Location Labs Inc.



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