NQ Mobile further prioritizes creating shareholder value by hiring Matt
Mathison as Vice President, Capital Markets
BEIJING and DALLAS, June 25, 2013
BEIJING and DALLAS, June 25, 2013 /PRNewswire/ -- NQ Mobile Inc. (NQ Mobile)
(NYSE: NQ), a leading global provider of mobile Internet services, today
announced it has hired Matt Mathison to the senior management position of Vice
President, Capital Markets.
(Logo: http://photos.prnewswire.com/prnh/20121224/CN34262LOGO )
"As we stated on our last quarterly conference call, creating shareholder
value is one of NQ Mobile's top priorities," said Co-Chief Executive Officer
Omar Khan. "The appointment of Mr. Mathison to the role of vice president
overseeing all of NQ Mobile's capital market efforts is a pivotal step in
fundamentally changing the way we ultimately deliver shareholder returns."
Mr. Mathison will begin in this role effective immediately and will be based
in the company's Dallas, Texas headquarters.
"Mr. Mathison is uniquely positioned to help NQ Mobile achieve our vision and
strategy to be recognized by the marketplace as one of the leading mobile
Internet platform companies globally," said Co-Chief Executive Officer and
Founder Dr. Henry Lin.
Prior to joining NQ Mobile, Mr. Mathison acted as Portfolio Manager and CIO of
WP Asset Management. He was President of Wedge Partners, a global TMT-focused
research firm with extensive reach in Mainland China and Asia. Prior to
leading Wedge Partners, Mr. Mathison worked in the equities division of
Goldman Sachs in San Francisco.
"I am thrilled to be joining the incredible team at NQ Mobile. The company is
firing on all cylinders fundamentally as a mobile Internet platform business
on a global scale," said Matt Mathison. "I look forward to helping this
tremendous team match the fundamental execution equally with the capital
markets and ultimately by delivering superior shareholder returns."
About NQ Mobile
NQ Mobile Inc. (NYSE: NQ) is a leading global provider of mobile Internet
services. NQ Mobile is a mobile security pioneer with proven competency to
acquire, engage, and monetize customers globally. NQ Mobile's portfolio
includes mobile security and mobile games & advertising for the consumer
market and consulting, mobile platforms and mobility services for the
enterprise market. As of March 31, 2013, NQ Mobile maintains a large, global
user base of 327 million registered user accounts and 111 million monthly
active user accounts through its consumer mobile security business, 77 million
registered user accounts and 14 million monthly active user accounts through
its mobile games & advertising business and over 1,250 enterprise customers.
NQ Mobile maintains dual headquarters in Dallas, Texas, USA and Beijing,
China. For more information on NQ Mobile, please visit http://www.nq.com.
Forward Looking Statements
This news release contains "forward-looking statements" as defined under
applicable U.S. securities regulations. These forward-looking statements can
be identified by terminology such as "will," "expects," "anticipates,"
"future," "intends," "plans," "believes," "estimates" and similar statements.
These forward-looking statements are based on management's current
expectations, assumptions, estimates and projections about the Company and the
industry in which the Company operates, but involve a number of unknown risks
and uncertainties. Further information regarding these and other risks is
included in the Company's filings with the U.S. Securities and Exchange
Commission. The Company undertakes no obligation to update forward-looking
statements to reflect subsequent occurring events or circumstances, or changes
in its expectations, except as may be required by law.
NQ Mobile Inc.
Phone: +852 3975 2853
SOURCE NQ Mobile Inc.
Contact: Alex Fencl, MWW Group for NQ Mobile, +1-214-414-3330, email@example.com;
or Kim Titus, NQ Mobile, +1-972-841-0506, firstname.lastname@example.org
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