Mauro Montanaro Named Chief Executive Officer of Jamba

Mauro Montanaro, 43, has been named Chief Executive Officer of Jamba, one of the world’s leading providers of mobile entertainment. Mr. Montanaro joins Jamba after more than a decade at Nokia, where he most recently headed cell phone sales and channel development for the South East Asia Pacific region. In his new role, beginning on February 4th, Mr. Montanaro will report to Jamba’s Board of Directors. Jamba, a joint venture between News Corporation (NYSE:NWS) (NYSE:NWS.A) and VeriSign (NASDAQ:VRSN) serves 35 territories around the world with a wide array of mobile products and services. It also houses the assets of Fox Mobile Entertainment. Commenting on Mr. Montanaro’s appointment, Peter Chernin, President and Chief Operating Officer of News Corporation said: "Mauro’s considerable experience in developing mobile content channels and services will be a huge asset as Jamba continues to expand its reach and offering. Over the past few months, COO Lee Fenton has done a terrific job in moving the company forward and we think we’re in a position today to make a significant impact on the global wireless market. We look forward to building on that success and believe Mauro and Lee will make a first-class management team.” Mr. Montanaro first joined cell phone giant Nokia in 1996 in strategy development at the company’s Helsinki headquarters. He was appointed Head of Strategy for Asia Pacific a year later and spent the next 10 years serving in a variety of key positions in that rapidly expanding region for the company. As Director of the Imaging Business Unit (2002-04), he helped drive new growth in the mobile phone market with imaging capabilities by leveraging new business opportunities in the shift from voice to visual communications. As Vice President, Sales and Channel Management for the Multimedia Business Group (2004-06), he oversaw the sales and channel development for cellular handsets and mobile content services including imaging, games and mobile enhancements, as well as creating new regional channels. For the past two years at Nokia, Mr. Montanaro served as Vice President, Sales, Customer and Market Operations for the South East Asia Pacific region, supervising handset sales and channel development for 16 countries in eight time zones in the fastest growing cellular market in the world. Mr. Montanaro said: "I am thrilled to be joining Jamba at a point in its evolution where we have a real opportunity to influence the future of mobile entertainment. The global market for wireless entertainment is exploding and we have the unique ability to produce, market and distribute mobile content and services globally. It’s an enviable position and I look forward to working closely with Lee and the teams in Los Angeles, Berlin and around the world to capitalize on it.” About Jamba Jamba, known as Jamster in the US, UK and other countries, is one of the world’s leading providers of mobile entertainment able to reach one billion consumers around the globe. With a wide offering of mobile products and services available directly via mobile phones, Jamba connects people with their passions in 35 countries on five continents and in 25 languages. Branded popular content from around the world including The Simpsons, the latest content from major media companies, including chart-topping ringtones from top music labels, mobile games from renowned game developers, and original content made exclusively for mobile phones, allows Jamba to give consumers what they want, when they want it and where they want it. Jamba is a joint venture between News Corporation (NYSE:NWS) (NYSE:NWS.A) and VeriSign, Inc. (NASDAQ:VRSN) and headquartered in Beverly Hills, Calif., and Berlin, Germany.