Tapinator, Inc. (OTC:TAPM) - August 28, 2014
Tapinator News: Technology Leader, Teymour Farman-Farmaian, Joins Tapinator Advisory Board
NEW YORK, NY - August 28, 2014 - Tapinator, Inc. (OTC: TAPM) today announced that Teymour Farman-Farmaian is joining its Advisory Board as a Senior Advisor. Mr. Farman-Farmaian is a senior marketing and strategy leader within the mobile and gaming industry. He is the former GM of Strategic Partnerships at Zynga (ZNGA), CMO at Spotify, and Senior Director of Sales at Google (GOOG).
Mr. Farman-Farmaian is focused on assisting the Company with identifying prospective acquisition and investment opportunities.
“We are very excited to welcome Teymour to our Advisory Board. Teymour’s deep knowledge of the industry and his numerous industry contacts while working at Zynga, Spotify and Google will be extremely valuable as we execute on our acquisition and investment strategy,” said Ilya Nikolayev, Tapinator’s CEO.
Mr. Farman-Farmaian’s Bio:
Teymour Farman-Farmaian was Chief Acquisition and Retention Officer (later CMO) at Spotify, the world’s leading music streaming service, starting in 2011. In this role, Teymour was responsible for subscription revenues and led a team of over 100 employees. He helped triple revenue growth to hit a $500 million run rate, and achieve 7.5 million DAU. Teymour owned user subscription revenues, user acquisition (virals & engagement), global brand, payments, localization, customer service, and analytics. In 2012, Teymour left Spotify to focus on various start-ups with heavy viral and engagement components. Before Spotify, Teymour had spent close to two years with Zynga (ZNGA) as GM of Partnerships. Here, he was responsible for Zynga’s multi-billion dollar partnership with Facebook as well as relationships with Yahoo and Google (GOOG). In this role, Teymour helped launch over a dozen social games. Teymour went to Zynga after six years at Google. He had joined Google as Director of European Sales Operations, where he helped achieve ten figure revenues. His last position at Google was as Director of Sales Services, where he served deal teams working on partnerships (including AOL and eBay) responsible for 25% of Google’s revenue. Teymour has a BA from Duke University and an MBA from Harvard University.
Tapinator (OTC: TAPM) is a developer and publisher of mobile games on the iOS, Google Play, and Amazon platforms. The Company focuses on operating its own titles, publishing properties where it holds substantial ownership positions, and making strategic investments into promising mobile companies. Tapinator’s owned and operated portfolio includes over 50 mobile gaming titles that, collectively, have over 26 million users. A number of these titles have risen to the top of the mobile leaderboard charts and have been featured by the Apple, Google, and Amazon App Stores. Founded in 2013, Tapinator is headquartered in New York, with a major office located in Lahore, Pakistan. For a full listing of Tapinator game titles, please go to Tapinator.com. For further financial information on the Company, please go to OTCMarkets.com/stock/TAPM. For live updates, please like us on Facebook at facebook.com/Tapinator or follow us on Twitter at twitter.com/Tapinator.
Forward Looking Statements:
To the extent that statements contained in this press release are not descriptions of historical facts regarding Tapinator, they are forward-looking statements reflecting the current beliefs and expectations of management made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Words such as “may,” “will” “expect,” “anticipate,” “estimate,” “intend,” and similar expressions (as well as other words or expressions referencing future events, conditions or circumstances) are intended to identify forward-looking statements. Examples of forward-looking statements contained in this press release include, among others, statements regarding the quoting and trading of our common stock and our expectations regarding our development and monetization plans for our mobile games. Forward-looking statements in this release involve substantial risks and uncertainties that could cause the development and monetization of our mobile games, future results, performance or achievements to differ significantly from those expressed or implied by the forward-looking statements. Such risks and uncertainties include, among others, the uncertainties inherent in the hits nature of the mobile gaming business. Tapinator undertakes no obligation to update or revise any forward-looking statements. The quoting and trading of the company’s common stock on the OTC Bulletin Board and the OTC Market Group’s OTC Link quotation system is often thin and characterized by wide fluctuations in trading prices, due to many factors that may have little to do with the company’s operations or business prospects. As a result, there may be volatility in the market price of the shares of the company’s common stock for reasons unrelated to operating performance. Moreover, the OTC Bulletin Board and the OTC Market Group’s OTC Link quotation system are not stock exchanges, and trading of securities on them is often more sporadic than trading of securities listed on the NASDAQ Stock market or another securities exchange. Accordingly, stockholders may have difficulty reselling any of their shares. For a further description of the risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of the company in general, see Tapinator’s filings with the OTC Market Group, which are available through http://www.otcmarkets.com.
Tapinator Investor Relations
SOURCE: Tapinator, Inc.
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