Augme Technologies, Inc. Appoints Paul Arena as
Chief Executive Officer and Updates Board
Veteran executive with decades of public company experience to focus on mobile and intellectual
June 14, 2010 08:38 AM Eastern Daylight Time
NEW YORK--(EON: Enhanced Online News)--Augme Technologies, Inc. (OTCBB: AUGT), a leading
developer and provider of patented and innovative smart mobile technology, today announced that Paul Arena has
been appointed Chief Executive Officer and elected to the Company’s Board of Directors.
Mr. Arena succeeds Mark Severini, Augme’s co-founder, who resigned after serving as the Company’s Chief
Executive Officer since May 2009. Mr. Severini also resigned as a director of Augme. The Augme Board of
Directors now comprises three independent directors, in addition to David Ide, Jim Crawford and Chief Executive
Officer Paul Arena.
"We are excited that Paul is joining the company as CEO,” noted Shelly Meyers, Chairwoman of Augme
Technologies, Inc. “His outstanding operating experience will not only help the Company grow its underlying
business units, but should also accelerate the Company's ability to capitalize on the value of its core intellectual
property assets. Paul has a demonstrated track record of success and is well-respected in the technology and
telecommunications industries. His abilities to identify strategic opportunities, enhance shareholder value, and manage
intellectual property portfolios are consistent with our corporate objectives. Paul’s management skills and strategic
initiatives were instrumental in generating hundreds of millions of dollars in shareholder value during the majority of
the past 16 years of his leadership at publicly traded technologies companies.”
“We are gratified that Paul has elected to spend all of his time helping to grow Augme Technologies,” added Ms.
Meyers. “His enthusiasm is shared by other members of our Board of Directors and senior management team. We
have established aggressive g