AUSTIN, Texas, Dec. 15, 2014 /PRNewswire/ -- Perk.com, the #1 mobile rewards program, today announced that Ted Hastings has joined the executive team as President as the company continues to experience rapid growth.
Since the launch of its initial apps over a year ago, Perk has gone through a period of aggressive expansion managing growing operations in Austin and Bangalore, seeing millions of installs of their apps and developing several new products to help advertisers and millennials find engaging ways to connect.
Hastings brings a proven ability to scale operations to Perk having served as President/CEO of software, internet and digital media companies for the last 14 years. Hastings has completed 20+ acquisitions, closed several hundred million in funding, scaled businesses from early stage to over $100 million in annual revenues, completed strategic sales and managed operations across many locations.
"I'm very pleased to be teaming up with the talented crew at Perk. They have identified and proved that engagement powered by rewards is the most effective way to improve the connection between a young mobile audience and brands." said Ted Hastings.
As President, Ted will focus on strategic direction, investor relations, evaluating acquisitions and helping to manage the growing operations of the Perk rewards program.
"We completed the first leg of Perk's journey by proving that we can connect millennials with advertisers at scale and proven that a rewards platform increases user retention and engagement which gives more valuable insights to our advertisers. We are pleased to be adding Ted to the team to help us evaluate strategic growth opportunities," said Roj Niyogi CEO and co-founder of Perk.com.
Perk.com is the #1 Mobile Rewards Program and the top provider of cash and gift card rewards for people's every day mobile activities. Headquartered in Austin, TX, Perk offers Perk Points, the leading digital currency, earned by members for a wide variety of activities where members interact with brands. Perk operates over 8 mobile apps allowing members to earn Perk Points through activities such as shopping, watching videos, and playing social games. For more information, visit www.perk.com.
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