Science & Technology
Science and Technology
Science and Technology
Wed, February 2, 2011
Tue, February 1, 2011
Media Exchange Group Appoints President of Entertainment & Marketing
LOS GATOS, Calif.--([ BUSINESS WIRE ])--Rachel Baer, Secretary and Corporate Counsel for Media Exchange Group, Inc. (Pink Sheets:CWLC) announced today that David Salzberg has inked a deal with the company and is taking the reins as the President of Entertainment and Marketing.
"We are very pleased to have a executive with the vast expertise that David has of developing and running companies successfully with entertainment legends like Peter Guber of Mandalay Entertainment"
Salzberg is veteran of the Entertainment business. aWe are very pleased to have a executive with the vast expertise that David has of developing and running companies successfully with entertainment legends like Peter Guber of Mandalay Entertainment,a said Joseph Cellura, MXGIa™s CEO.
aThe way the audience desires content and the way brands can provide the entertainment experience to that audience is at a crossroads. Broadband has changed the web, and phone and mobile media publishing is changing the world, transforming the ways in which people are entertained and how they communicate that experience. As the focus and demand for mobile content continues to grow, our background in identifying and developing captivating and award winning content couldna™t be more relevant to Media Exchange Group,a says Salzberg, President of Entertainment & Marketing.
DAVID SALZBERG
David Salzberg has enjoyed a successful two-decade career working in the areas of creative development, production, financing, distribution, and marketing for various entertainment properties. Salzberg has produced a number of films and episodes of original television content. He has also built a number of multi-tiered entertainment products released in all mediums, including new media. Content produced by Salzberg has aired on NBC, ABC, TBS, TNT, Fox, USA Network, Fox Sports Net, ABC Family, Telemundo, ESPN, PAX, Animal Planet, as well as more than 20 networks in over 40 countries internationally.
In 2008, Salzberg co-founded and began serving as a managing principal of High Road Entertainment Group. High Road is a boutique multi-media studio with a focus on developing, financing, producing, marketing and distributing media of all form to a global audience.
Prior to his role at the helm of High Road, Salzberg held the position of President at Mandalay Sports Action Entertainment, and Mandalay Integrated Media Entertainment where he helped found these divisions with Peter Guber, CEO of Mandalay Entertainment Group. Salzberg has collected over 100 entertainment industry awards.
MXGI
Media Exchange Group, Inc. is a digital media, technology, entertainment, wireless gaming and mobile publishing company providing digital strategy and content in the form of mobile applications, digital media, web and broadcast products via its unique mix of on-deck partnerships, license agreements, and joint venture revenue share arrangements. [ www.mediaexchangegroup.com ].
Forward Looking Statements
Statements regarding financial matters in this press release other than historical facts are aforward-looking statementsa within the meaning of section 27A of the Securities Act of 1933, Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such statements about the companya™s future expectations, including future revenues and earnings, and all other forward- looking statements be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Companya™s actual results may differ materially from the expected results.
For more information about this topic, please contact Rachel Baer by e-mail at [ rachel@mediaexchangegroup.com ], in Investor Relations at 408-827-3083, or at [ mexg@mediaexchangegroup.com ].
