DARIN WHITE JOINS GROUP MOBILE AS PRESIDENT
May 10 2016 - 8:30AM
NEW YORK - May 10, 2016 - FORM
Holdings Corp. (NASDAQ: FH), a diversified holding company, today
announced that Darin S. White will join the company's wholly owned
subsidiary, Group Mobile, as President effective immediately.
Mr. White has more than 28 years
of experience in sales, management and marketing, 15 of which were
specifically focused in the mobile computing technology industry.
Prior to joining Group Mobile, Mr. White was the Senior
Southeastern Regional Sales Manager for the Enterprise Division of
Getac USA. While at Getac, he received the TOP Revenue Award 6 of
the 7 years he was with the company. Prior to Getac, Mr. White was
the Southeastern Regional Sales Manager with General
Dynamics-Itronics which followed his tenure as Managing Director of
Virtual Mobile Technologies (VMT), an independent Sales and
Marketing organization firm that specialized in Rugged Mobility and
Technology solutions for the Aviation and Transportation,
Manufacturing and Logistics as well as the Oil and Gas markets. Mr.
White's years of successful industry experience have covered all
vertical markets of Public Sector and Enterprise, which is where
Group Mobile plans to focus its industry leading, in class rugged
mobility solutions, to foster sustainable growth.
"It is in an honor to have been
selected to lead the Group Mobile team at this exciting time. The
company has developed a well-known and respected reputation for
providing the industry's best in class brands of rugged PC devices
and technology solutions. I believe the company is in a
strong strategic position and is poised to gain a greater share of
the rugged mobile solutions market, as well as the greater mobility
solutions market as a whole. I plan to quickly assess and
aggressively expand Group Mobile's product, technology and
solutions offerings. This will build on the strength of Group
Mobile's strategic partnerships and industry deliverables while
keeping pace with the ever-evolving industry trends. I look forward
to guiding the company into this phase of growth," said Mr.
White.
"I am pleased to welcome Darin to
Group Mobile. I believe that his knowledge of the mobile technology
industry, along with his track record of industry leading
performance and strong management skills will play a key role in
shaping our sales, marketing and revenue driven culture as we
continue to expand our portfolio of products and services," said
Andrew D. Perlman, FORM's Chief Executive Officer.
About Group Mobile
Headquartered in Phoenix, AZ,
Group Mobile serves customers all over Globe. Customers range from
Enterprise Fortune 500 companies to SMB-size businesses, U.S.
Military, State and Local Public Sector user bases of Police, Fire,
EMS as well as serving the frequent traveler that needs something
more durable than a commercial, off-the-shelf computer. Group
Mobile carries virtually all the leading rugged computing brands
and accessories. In addition, Group Mobile offers turn-key
solutions for vehicle docking and mounting equipment from
industry best Gamber-Johnson, Havis and Ram Mounts. To learn more
about rugged computers and how they differ from commercial, indoor
computers, check out the Rugged Computer Guide or visit
us online at www.groupmobile.com.
About FORM
Holdings Corp.
FORM Holdings Corp. is a
diversified holding company that specializes in identifying,
investing in and developing companies with superior growth
potential. FORM's current holdings include Group Mobile, Fli
Charge, Infomedia and Intellectual Property Assets. Group Mobile is
a provider of rugged, mobile and field-use computing products,
serving customers worldwide. Fli Charge designs, develops,
licenses, manufactures and markets wire-free conductive power and
charging solutions. Infomedia is a leading provider of customer
relationship management and monetization technologies to mobile
carriers and device manufacturers. The Intellectual Property
division is engaged in the innovation, development and monetization
of intellectual property. To Learn more about Form Holdings Corp.,
visit: www.FormHoldings.com.
Forward-Looking
Statements
This press release includes
forward-looking statements, which may be identified by words such
as "believes," "expects," "anticipates," "estimates," "projects,"
"intends," "should," "seeks," "future," "continue," or the negative
of such terms, or other comparable terminology. Forward-looking
statements are statements that are not historical facts. Such
forward-looking statements are subject to risks and uncertainties,
which could cause actual results to differ materially from the
forward-looking statements contained herein. Factors that
could cause actual results to differ materially include, but are
not limited to: our inability to license and monetize our patents,
including the outcome of litigation; our inability to monetize and
recoup our investment with respect to patent assets and other
businesses that that we have acquired or acquire in the future; our
inability to develop and introduce new products and/or develop new
intellectual property; our inability to protect our intellectual
property rights; new legislation, regulations or court rulings
related to enforcing patents, that could harm our business and
operating results; unexpected trends in the mobile phone and
telecom computing industries; our inability to raise additional
capital to fund our combined operations and business plan; our
inability to maintain the listing of our securities on a major
securities exchange; general economic conditions and level of
information technology and consumer electronics spending; the
potential loss of one or more of our significant Original Equipment
Manufacturer ("OEM") suppliers, the potential lack of market
acceptance of our products; market acceptance, quality, pricing,
availability and useful life of our products and services, as well
as the mix of our products and services sold; potential competition
from other providers and products; our inability to retain key
members of our management team; our liquidity and other risks and
uncertainties and other factors discussed from time to time in our
filings with the Securities and Exchange Commission ("SEC"),
including our annual report on Form 10-K filed with the SEC on
March 10, 2016. FORM expressly disclaims any obligation to
publicly update any forward-looking statements contained herein,
whether as a result of new information, future events or otherwise,
except as required by law.
Contacts:
Investors and Media
212-309-7549
info@FormHoldings.com
This
announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Vringo, Inc. via Globenewswire
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