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NEW YORK, NY--(Marketwire - June 10, 2010) - Mobile video sharing platform Thwapr, Inc. ([ www.thwapr.com ]) (
"We are very excited to have Bernadine and Len on our team," says Thwapr CEO Bruce Goldstein. "Their combined experience will enhance the expertise of the board and provide valuable operational experience that will enable us to deliver on our planned business goals and objectives."
Ms. Santistevan's expertise features a unique blend of strategic, business development, operational and financial expertise. She was the acting CEO responsible for turning around a GE Capital media/technology company and has also provided business expertise to a variety of hedge funds, private equity funds and venture capital firms. Ms. Santistevan, who holds several advanced degrees -- including an MBA from the Wharton School of Business -- also served as director and producer for an independent feature film for which she secured financing and negotiated international distribution deals.
Mr. Dreyer has held several top leadership positions at major companies and philanthropic organizations. A Marine Corps veteran, Mr. Dreyer was CEO, chairman and president of Marie Callender Restaurants and vice president of Denny's. He was chairman of the Marine Corps Scholarship Foundation and currently serves as audit committee chairman of the Philanthropic Foundation of California State University, Fullerton -- a $40 million foundation which he helped create in 1996.
Thwapr provides a powerful new way for video content providers and marketers to mobilize and monetize video on mobile devices. Based on proprietary new "share-to-phone" technology, Thwapr allows up to 15 minutes of video to be sent and viewed by mobile users on more than 200 different handsets and is carrier agnostic.
About Thwapr, Inc.
Thwapr ([ www.thwapr.com ]) (
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new products and development stage companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in Thwapr's annual report on Form 10-K for the most recent fiscal year, Thwapr's quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
