AllDigital Names Mark Walsh as an Independent Director to Its Board of
Global Operations and Sales Executive Joins AllDigital's Board
IRVINE, Calif., Feb. 13, 2014 (GLOBE NEWSWIRE) -- AllDigital Holdings, Inc.
(OTCBB:ADGL), recently recognized as one of Streaming Media Magazine's
"Streaming Media 100," which honors the most innovative and influential
companies in the online video industry, has announced the addition of a new,
independent board member, Mark Walsh, to the Board of Directors.
"We continue to move forward in our efforts to build a world-class management
team and board of directors," said Paul Summers, chairman and CEO of
AllDigital. "Mark brings extensive global experience including in brand
marketing, operations and scalable sales organizations. We anticipate that
Mark will work closely with our new Executive Vice President of Sales, Michael
Linos, to guide us in building a globally recognized digital media brand
focused on ultra low latency solutions."
Mr. Walsh held the position of Executive Vice President of Sales and Chief
Customer Officer for Hostess Brands, LLC from March 2009 to December 2013.
Prior to Hostess Brands, Walsh worked in numerous international divisions of
PepsiCo for approximately 20-years in senior executive positions gaining
significant experience in global brand building, operations, and sales
management. Walsh has a BS from the Oregon State University in industrial
"AllDigital has a number of technologies that could have revolutionary
applications in the consumer products marketplace," said Walsh. "By getting
ahead of consumer purchasing decisions, the applications for ultra low latency
forms of data delivery could be game changing for forward looking consumer
product and service brands."
Paul Summers, CEO of AllDigital added, "Many retail locations, such as large
grocery chains, already generally know who you are, what products you like and
can provide alternative product ideas via mailers or coupons at checkout.
Unfortunately, by the time the consumer has selected their favorite brand and
is in the process of paying, the follow-up coupon or mailer has virtually
non-existent odds of changing the immediate consumer's purchasing decision."
Summers added, "In a future shopping experience, it's possible that a consumer
brand could not only display a near real time video advertisement of their
competitive benefits to a mobile device or connected television, but could
also make expert recommendations (such as dietary considerations) based on
real time feedback from "wearables" (e.g., Google Glass) and other
intelligent, connected devices such as mobile phones. Mark has decades of
experience and channel relationships that are capable of making this vision a
reality. We look forward to his leadership as we focus on developing game
changing consumer brand experiences for both national brands and their target
This release may contain forward-looking statements as well as historical
information. Forward-looking statements, which are included in accordance with
the "safe harbor" provisions of the Private Securities Litigation Reform Act
of 1995, may involve risks, uncertainties and other factors that may cause
AllDigital's actual results and performance in future periods to be materially
different from any future results or performance suggested by the
forward-looking statements in this release. These risks and uncertainties
include, without limitation, whether AllDigital will be successful in building
a globally recognized digital media brand focused on ultra low latency
solutions and whether AllDigital's solutions will have revolutionary
applications in the consumer products marketplace. In addition, other risks
are identified in the Company's most recent Annual Report on Form 10-K and
Quarterly Reports on Form 10-Q filed with the SEC. Such forward-looking
statements speak only as of the date of this release. The Company expressly
disclaims any obligation to update or revise any forward-looking statements
found herein to reflect any changes in company expectations or results or any
change in events.
About AllDigital: AllDigital Inc., a leader in digital broadcasting solutions,
is the developer of AllDigital Cloud, a content management system (CMS),
focused on the virtualization of digital content. AllDigital Cloud empowers
enterprises to stream content across multiple devices including mobile,
desktop and digital television, providing total control over the global
distribution of digital media assets. Mainly serving media and entertainment
companies, enterprise brands, non-profit and government organizations,
AllDigital sets itself apart by offering highly scalable and ultra-low latency
(ULL) digital broadcasting solutions, including cloud storage, origin transit,
content management solutions, integration services and related customer
support. AllDigital Cloud provides high-speed data transfer, scalable storage,
encoding / transcoding, VoD, linear programming, and real time reporting.
Copyright (C) 2014. AllDigital, Inc. All rights reserved. All marks are the
property of their respective holders.
For more information on AllDigital, please visit http://www.alldigital.com/.
CONTACT: Email: email@example.com
Press spacebar to pause and continue. Press esc to stop.