Monaker Appoints Travel Industry Executive, Tim Sikora, as Chief Information Officer
October 15 2019 - 8:45AM
via NEWMEDIAWIRE --
Monaker Group, Inc. (NASDAQ: MKGI), a
technology leader in the travel and vacation rental markets, has
appointed travel industry veteran, Tim Sikora, to the new position
of chief information officer.
Sikora will be responsible for managing all information
technologies including the ongoing integrations of travel
distributors with the company’s Monaker Booking Engine (MBE), a
customizable, instant-booking platform for alternative lodging and
vacation rentals. He will manage the company’s technical teams to
drive platform development, innovation, and design at scale and
speed of delivery for the benefit of all platform stakeholders.
Sikora brings to Monaker more than 22 years
of IT, sales and operational experience in the travel industry. He
previously served as director of North America Sales
at Boeing, the world's largest aerospace company. Prior to
Boeing, he managed and led the expansion of two IT services
companies: Peak 10, a leading data center and cloud services
company, and Ciber, a global information technology infrastructure
services provider.
Earlier, Sikora served as director of Information
Technology End User Services at US Airways. He led the airline’s
integration of IT end-user platforms following the merger with
America West. He was also responsible for governing IT resource
planning, budgeting, and operational management for end-user
services.
Prior to US Airways, Sikora served as VP of
airline operations and chief information officer at Caribbean Sun
Airlines, where he directed all IT and airline resource planning,
budgeting and operational initiatives.
Sikora has also served as manager of Information
technology at DHL Airways, a $500 million cargo airline where he
directed the Information Technology group, a provider of contract
aircraft services to DHL Worldwide Express.
Earlier in his career, Sikora held several
software development positions, including at Midwest Express
Airlines, where he was responsible for the development and
management of the airline’s first flight operations data warehouse.
For Midway Airlines, he led the development of its first
website.
"Having focused on travel innovation throughout my
career, I’m especially excited to join a first-mover like Monaker
who has pioneered the development and deployment of groundbreaking
technology that fulfills the unmet need for instant booking of
alternative lodging," commented Sikora. “I believe Monaker’s novel
approach to connecting vacation rental property managers with the
world’s largest travel distributors positions Monaker for
exceptional opportunities and growth over the months and years
ahead."
Bill Kerby, CEO of Monaker, commented: “The
appointment of a travel IT professional with Tim’s extraordinary
level of experience and accomplishments reflects how we have
reached a pivotal stage in our growth and market expansion, with
increasing numbers of users searching and booking through our
system. Under Tim’s new leadership, we anticipate a further
acceleration of growth and innovation, while ensuring we will
continue to deliver an exceptional customer experience.”
About Monaker Group
Monaker Group, Inc., is a technology-driven travel
company focused on delivering innovation to the alternative lodging
rental (ALR) market. The Monaker Booking Engine (MBE) provides
access to more than 2.6 million instantly bookable vacation rental
homes, villas, chalets, apartments, condos, resort residences, and
castles. MBE offers travel distributors and agencies an industry
first: a customizable, instant-booking platform for alternative
lodging. For more about Monaker Group,
visit www.monakergroup.com.
Important Cautions Regarding Forward Looking
Statements
This release includes “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. Forward-looking statements give our current expectations,
opinions, belief or forecasts of future events and performance. A
statement identified by the use of forward-looking words including
“will,” “may,” “expects,” “projects,” “anticipates,” “plans,”
“believes,” “estimate,” “should,” and certain of the other
foregoing statements may be deemed forward-looking statements.
Although Monaker believes that the expectations reflected in such
forward-looking statements are reasonable, these statements involve
risks and uncertainties that may cause actual future activities and
results to be materially different from those suggested or
described in this news release. All forward-looking
statements are expressly qualified in their entirety by the “Risk
Factors” and other cautionary statements included in Monaker’s
annual, quarterly and special reports, proxy statements and other
public filings with the Securities and Exchange Commission (“SEC”),
including, but not limited to, the company’s Annual Report on Form
10-K (as amended) for the year ended February 28, 2019 and the
company's subsequently filed Quarterly Reports on Form 10-Q, which
have been and will be filed with the SEC and are/will be available
at www.sec.gov. Investors are cautioned that any
forward-looking statements are not guarantees of future performance
and actual results or developments may differ materially from those
projected. The forward-looking statements in this press release are
made as of the date hereof. The company takes no obligation to
update or correct its own forward-looking statements, except as
required by law, or those prepared by third parties that are not
paid for by the company.
Company Contact:
Monaker Group, Inc.
Richard Marshall
Director of Corporate Development
Tel (954) 888-9779
rmarshall@monakergroup.com
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