ATLANTA & NEW YORK, June 11, 2012 (GLOBE NEWSWIRE) -- Remark Media, Inc. (NASDAQ: MARK), a global digital media company, announces today four new additions to its management team in the areas of product, editorial, marketing and sales. The primary focus of the new management team members will be the growth and development of Remark Media's new product DimeSpring.com, a personal finance site that brings together leading financial experts to participate in an empowering conversation with consumers. The site offers interactive content, social sharing, and tools that enable users to take action on what they've learned.
"These new team members will play a major role in the implementation of the company's strategy of developing new proprietary content websites, starting in the personal finance sector with a focus on DimeSpring.com," said Remark Media CEO Carrie Ferman. "In addition, they will accelerate the efforts of our mission to provide immersive digital experiences that inform, entertain and inspire audiences worldwide."
Rob Sheppe, named Vice President of Product will drive product innovation efforts, as well as the implementation of a community-driven platform strategy. Prior to joining Remark Media, Sheppe served as Director, Product at Discovery Digital Media where he led platform-wide initiatives across Discovery Communication's portfolio for leading digital brands such as HowStuffWorks.com.
Mike Benzie joins as Director of Editorial Operations, responsible for managing content development. Benzie comes to the company from Yahoo!, where he helped launch and direct local news efforts. Previously, Benzie was an editor at the Atlanta Journal-Constitution, where he led the multimedia and photo departments and the AJC.com digital producer team.
Valerie Brown named Senior Director of Marketing joins from Time Out North America and will lead company-wide multi-platform marketing and social media efforts, including the activation of strategic digital partnerships. Prior to Time Out North America, Brown held key consumer and digital marketing positions at The Bravo Network and AgencyNet Interactive.
Kimberly Leon will serve as National Sales Director. Leon will be responsible for advancing the company's digital business development efforts, including the implementation of content and sponsorship focused advertising partnerships. Prior to joining Remark Media, Leon held management sales roles at CFO Publishing and Dow Jones.
About Remark Media:Remark Media, Inc. (Nasdaq: MARK) is a global digital media company focused on creating destinations that merge engaging content with rich social interaction. Remark Media is the exclusive digital publisher in China and Brazil for translated content from HowStuffWorks.com, a subsidiary of Discovery Communications, and in China for certain content from World Book. The Company's leading brands, BoWenWang (bowenwang.com.cn) and ComoTudoFunciona (hsw.com.br), provide readers in China and Brazil with thousands of articles about how the world around them works, serving as destinations for credible, easy-to-understand reference information. Remark Media is also a founding partner and developer of the U.S.-based product Sharecare, a highly searchable social Q&A healthcare platform organizing and answering the questions of health. The Company is headquartered in Atlanta with additional operations in New York, Beijing and Sao Paulo. Additional information is available on its corporate website at remarkmedia.com.
Forward-Looking Statements:This press release contains "forward-looking statements", as defined in Section 27A of the Securities Act of 1993, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements may be in the future tense, and often include words such as "anticipate", "expect", "project", "believe", "plan", "estimate", "intend", "will" and "may". These statements are based on current expectations, but are subject to certain risks and uncertainties, many of which are difficult to predict and are beyond the control of Remark Media. Relevant risks and uncertainties include those referenced in Remark Media's filings with the SEC, and include but are not limited to: our losses and need to raise capital; successfully developing and launching new digital media properties; restrictions on intellectual property under agreements with Sharecare and third parties; challenges inherent in developing an online business; reliance on key personnel; general industry conditions and competition; and general economic conditions, such as advertising rate, interest rate and currency exchange rate fluctuations. These risks and uncertainties could cause actual results to differ materially from those expressed in or implied by the forward-looking statements, and therefore should be carefully considered. Remark Media assumes no obligation to update any forward-looking statements as a result of new information or future events or developments, except as required by law.
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