MIVA, Inc. Promotes Lowell W. Robinson To CFO and COO
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MIVA, Inc., (NASDAQ: MIVA), a global digital
media company, today announced the promotion of Lowell W. Robinson
to Chief Financial Officer and Chief Operating Officer. Mr. Robinson,
58, joined MIVA in December 2006 as Chief Financial Officer and Chief
Administrative Officer.
"Since joining MIVA, Lowell has played a
critical role in our organization’s continued
turnaround efforts,” said Peter Corrao, MIVA’s
CEO. "He has a ‘drive
for results’ approach and a focus on
developing both financial and operational strategies that yield growth.
I am delighted that in his newly expanded role, Lowell will have an even
deeper impact on our organization.” "We have made excellent progress in our
turnaround over the last 8 months and I am excited to take on my
enhanced responsibilities,” added Mr.
Robinson. "I look forward to continuing to
work with Peter and the leadership team to execute on our new corporate
strategy and, in turn, to seek to increase shareholder value.”
Mr. Robinson has more than two decades of global strategic, financial
and operational experience at Fortune 100 companies and high growth
mid-sized companies in media, software and technology. Previous
positions include CFO at ADVO, Inc., a leading direct marketing company
and CFO at HotJobs, an e-recruitment company that Mr. Robinson helped
sell to Yahoo!. Earlier in his career, Mr. Robinson held senior global
financial positions at Citigroup and Kraft/General Foods.
Mr. Robinson currently serves on two public company boards and on the
board of a registered investment advisory firm. Mr. Robinson received an
MBA in Finance from Harvard Business School and a B.A. in Economics from
the University of Wisconsin.
About MIVA®, Inc.
MIVA, Inc. (NASDAQ:MIVA) is a global digital media company. MIVA’s
mission is to deliver valuable digital audiences to advertisers. MIVA
consists of two complementary divisions, MIVA Direct and MIVA Media.
MIVA Direct owns and operates a growing portfolio of consumer
destination sites and category specific toolbars. MIVA Media manages a
contextual Pay-Per-Click ad network focused on key vertical sectors.
MIVA, Inc. operates across North America and Europe.
Forward Looking Statements
This press release contains certain forward-looking statements that are
based upon current expectations and involve certain risks and
uncertainties within the meaning of the U.S. Private Securities
Litigation Reform Act of 1995. Words or expressions such as "plan,"
"will," "intend," "believe" or "expect'" or variations of such words and
similar expressions are intended to identify such forward-looking
statements. These forward-looking statements are not guarantees of
future performance and are subject to risks, uncertainties, and other
factors, some of which are beyond our control and difficult to predict
and could cause actual results to differ materially from those expressed
or forecasted in the forward-looking statements, including (1) our
ability to successfully execute upon our corporate strategies, and (2)
our ability to attract and retain qualified key personnel. Additional
key risks are described in MIVA's reports filed with the U.S. Securities
and Exchange Commission, including the Form 10-K for fiscal 2006 and our
most recently filed Form 10-Q.
® Registered trademark of MIVA, Inc.
