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LiveWire Mobile Appoints Two New Members to Board of Directors

^{Published on 2008-12-11 15:38:01 - Market Wire}
 

LITTLETON, Mass.--([ BUSINESS WIRE ])--LiveWire Mobile, Inc. (NASDAQ: LVWR), a leading provider of mobile managed personalization services, today announced that Robert M. Pons and Jill C. Thoerle have joined the Board of Directors.

Joel Hughes, CEO of LiveWire Mobile said, "On behalf of the Board of Directors of LiveWire Mobile, I am pleased to welcome Robert and Jill to our Board. Each brings significant operating experience from the telecommunications and technology industries, as well as board service at publicly-traded companies. We believe their experience will be invaluable as we continue executing on our strategic objectives and position the Company for long-term profitable growth."

Mr. Pons has more than 25 years of senior level management experience at early stage, Fortune 500 and turnaround companies. Currently, Mr. Pons is Senior Vice President of Capital Markets for TMNG (NASDAQ: TMNG), a provider of management consulting services to the global telecommunications industry. Prior to TMNG he was CEO of Uphonia/SmartServ Inc. (OTCBB: UPHN), a publicly-traded wireless firm. Mr. Pons originated his telecommunications experience at MCI in 1980 and is an early pioneer of the telecommunications industry, working with both landline and wireless systems. He currently sits on the board of Network1 Security Solutions (OTCBB: NSSI), an acquirer, developer and licensor of intellectual property. Mr. Pons holds a B.A. from Rowan University.

Ms. Thoerle has more than 20 years of experience as an advisor and operating executive in the telecommunications, media, and technology industries with extensive experience in business development and building small and start-up companies. Currently, she is CFO of Mediaport Entertainment, Inc., a leader in digital retail distribution and fulfillment systems. Ms. Thoerle also founded and led REO Group, specializing in turnarounds and restructuring. Ms. Thoerle was the CFO for Narrowstep Inc. (OTCBB: NRWS), a leader in IPTV communications, and the CEO of Ontera Broadband, a provider of high speed Internet cable TV and local and long distance services. She also served in senior positions with Cerberus Capital Management, AT&T, and TCG, Inc. Ms. Thoerle currently serves as a director of Arbinet – the exchange, Inc. (NASDAQ: ARBX), a leading provider of innovative solutions empowering telecommunications providers. She has a Masters from Columbia University and a Bachelors Degree from City College of New York.

About LiveWire Mobile, Inc.

LiveWire Mobile (NASDAQ: LVWR) is a leading provider of managed personalization services for mobile operators. LiveWire Mobile's integrated suite of music and video services includes ringback tones, ringtones and full track downloads, as well as dedicated content and service marketing. LiveWire Mobile makes mobile personalization services easier to use and helps operators drive service usage and adoption. For more information, please visit [ www.livewiremobile.com ].

This Press Release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including forward-looking statements about the LiveWire Mobile's growth opportunities. These statements are based on management's expectations as of the date of this document and are subject to uncertainty and changes in circumstances. Actual results may differ materially from these expectations due to risks and uncertainties including, but not limited to, uncertainty in communications spending, the implementation of our strategy to focus exclusively on the LiveWire Mobile business, the implementation of LiveWire Mobile's strategic repositioning and market acceptance of its managed services strategy, quarterly fluctuations in financial results, LiveWire Mobile's ability to exploit fully the value of its technology and its strategic partnerships and alliances, and other risks. These and other risks are detailed from time to time in our filings with the SEC, including our annual report on Form 10-K for the year ended December 31, 2007. In addition, while management may elect to update forward-looking statements at some point in the future, management specifically disclaims any obligation to do so, even if its estimates change. Any reference to our website in this press release is not intended to incorporate the contents thereof into this press release or any other public announcement.