Mindpix Corporation Announces New CEO, Victor Siegel

LAS VEGAS, April 26, 2013 /PRNewswire/ -- Mindpix Corporation (OTC Pink: MPIX)

MPIX today announced that Mr. Victor Siegel has joined the Company as President and Chief Executive Officer.  Rick Garson will continue as Chairman of the Board. The Company thanks Mr. Garson for his additional service during the transition time and for his continued leadership in moving MPIX to the next level of development.

Mr. Siegel is a growth-oriented international CEO who has led digital media, mobile, and technology companies in US, EU, Latin America and the Asia/Pacific region.  He brings 25 years as a successful global business development leader, strategist, team-builder and turn-around executive to his role at Mindpix.

Mr. Siegel's accomplishments include launching some of the first mobile video and music applications in the United States, creating and successfully deploying Impulse, the industry's first Adobe and Flash-based overlay application that seamlessly integrates with broadcast and cable channels worldwide.

Mr. Siegel led the team that successfully launched American Idol's first PSMS text program with Fox. As CEO of VerveLife, he created major branded music programs for Fortune 500 companies such as MillerCoors and PepsiCo and consummated an acquisition of a leading music technology company. Mr. Siegel managed the multi-office post acquisition and integration and closed catalogue-wide licensing deals with Universal Music Group, EMI, Sony, Warner Music Group and publishers, SonyATV and Warner Chappel.

Earlier, in his career, Mr. Siegel held senior business development, operating and M&A roles at Universal Television Latin America, Wunderman Latin America and Lagardere Active North America. Mr. Siegel's expertise in advertising, strategic planning, music licensing and electronic media distribution in web, broadband, wireless, cable TV, broadcast TV and iTV platforms will bring a breadth of opportunities to the Company.  

"My focus will be the development and monetization of MPIX's three core intellectual property and content hubs," said Siegel. "They are: 1) proprietary intellectual property like our music catalogue; 2) developing content, specifically global television and streaming events and 3) licensing and helping others monetize their content using our proprietary resources and distribution platforms.  I am truly excited to work with our management team and Board to leverage our excellent existing assets and to create immediate revenue, plus long term growth for our shareholders."

"Victor brings to Mindpix a proven track record in developing strategic plans and a laser-like focus on creating revenue," said Rick Garson, Chairman of the Board of Mindpix. "Victor's experience in television, music and digital technology is a perfect match for Mindpix.  I could not be happier for Mindpix and our shareholders to welcome this major addition to our growing team.  It will accelerate our efforts to build MPIX into a significant global media company."

About Mindpix Corporation

Mindpix Corporation (OTC Pink: MPIX) is a media company that primarily focuses on music and multi-media global television program content. MPIX owns, develops and licenses intellectual properties and program content to distribute and monetize across a full spectrum of media; the  "Four Screens" that consumers connect to: Live Events, Television, Internet and Mobile Media.  The Company targets media content and programming that lends itself to brand development and attracting niche consumer groups. Then MPIX seeks to fully monetize these brand and consumer audiences through enterprise relationships.   These brands and related content programs are also capital assets that will generate increased revenue streams over time as well as provide residual value in building a media library of content.  This 360-degree approach to media in all areas truly differentiates MPIX.  MPIX operates entertainment content and has the licensing rights to the original master recordings of a music library catalog of over 17,500 songs by renown artist including Billy Joel, Bob Dylan, Chicago, Dolly Parton, Elvis Presley, Frank Sinatra, Gladys Knight, James Brown, Jerry Lee Lewis, Little Richard, The Bee Gees, The Drifters The Platters, The Who, Waylon Jennings and Willie Nelson. MPIX has recently updated their disclosure and financial information at OTC Markets.

All files can be found at the following site: http://www.otcmarkets.com/stock/MPIX/filings/

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. These forward looking statements relate to, amongst other things, current expectation of the business environment in which the company operates, potential future performance, projections of future performance and the perceived opportunities in the market. The company's actual performance, results and achievements may differ materially from the expressed or implied in such forward-looking statements as a result of a wide range of factors.

For Contact:
Reina Ziegler
[email protected]

SOURCE Mindpix Corporation