Published: January 11, 2010
AdMeld Hires Mobile Industry Veteran to Lead Cross-Platform Inventory Optimization Efforts
NEW YORK - (BUSINESS WIRE) - AdMeld (www.admeld.com),
the leader in ad network optimization for premium publishers, has
appointed mobile industry veteran Marc Theermann as Vice President of
Mobile. The announcement, made today by AdMeld CEO Michael Barrett,
comes a little more than a month after the company introduced the
industry's first optimization solution for both web display and mobile
ad inventory. As a member of AdMeld's executive team, Theermann will
oversee all aspects of the company's mobile operations. He will be based
in the company's New York headquarters.
For more than a decade Mr. Theermann has participated and shaped the
mobile marketing industry as an entrepreneur, investor, and senior
operating executive. Prior to AdMeld he incubated a mobile analytics and
media buying dashboard concept at Polaris Ventures, which ultimately
became part of Smaato Inc. Through its optimization platform, Smaato
maximizes mobile publisher revenues in the US, Europe and Southeast
Asia. In 2004, Mr. Theermann co-founded mobile application company
Everypoint, where he assisted in raising $14 million in venture funding
from three prominent investment firms. In 2000 he founded YellowPepper,
one of the world's first mobile marketing companies, which he later sold
to a private equity firm. Mr. Theermann holds an MBA degree from
Northeastern University, and a Masters in International Management from
Thunderbird.
"The convergence of mobile and web advertising is happening faster than
anyone predicted," said Theermann. "As this trend accelerates, premium
publishers will increasingly require a fully-integrated toolset to
manage and optimize their inventory across all platforms. As the leader
in ad network optimization for premium publishers, AdMeld is uniquely
positioned to provide its customers with this groundbreaking
functionality, and I am thrilled to be leading their mobile initiatives."
"We're extremely pleased to welcome Marc Theermann to the team," said
Michael Barrett, CEO of AdMeld. "As a member of the AdMeld executive
team, Marc will play a critical role in evolving our mobile capabilities
and providing our customers with technology that maximizes the value of
every ad impression."
About AdMeld
AdMeld (www.admeld.com)
helps the world's premium online publishers maximize revenue from ad
networks and exchanges, reduce operating costs and protect their brands
from unwanted ads. AdMeld's real time optimization technology generates
the highest possible yield from each ad impression, and its suite of
tools and services enhance publishers' understanding and control of
their discretionary ad inventories. Current AdMeld customers include
Answers.com, AccuWeather, Discovery Communications, FOX News, Hearst
Television, IAC, New York Post, World Wrestling Entertainment and more
than 130 others worldwide. Founded in 2007, the company is headquartered
in New York City with offices in San Francisco and London.
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Wise PR for AdMeld
Harrison Wise, 212-777-3235
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