NEW
YORK, July 17, 2023 /CNW/ - MiMedia Holdings
Inc. (TSXV: MIM) is pleased to announce the addition of
Santiago Fontan Balestra as Senior
Director of Business Development at MiMedia.
Mr. Fontan Balestra is a senior
executive from the telecom and smartphone industry, with 25+ years
of international experience working for leading multinational
companies. In his previous role as Sales & Business Development
Director Latin America South at Qualcomm, Mr. Fontan Balestra led Qualcomm's relationship with
Global OEMs, Local Brands, Mobile Carriers, Retails, ODMs and
Business Partners in the southern region of LATAM. His
portfolio included key strategic partners in the region such as
Samsung, Motorola, Xiaomi, Oppo, Acer, Lenovo, HP, Dell, Asus, and
Alcatel, among others.
While at Qualcomm, Mr. Fontan
Balestra developed and led many business and strategic
partnerships in the Mobile, Compute and 5G industries across
southern LATAM, launched several premium & flagship Qualcomm
smartphones plus the first ACPC (Always Connected PC) in
Chile, participated in Qualcomm's
4G / LTE launch in Argentina and
helped lead Qualcomm's 5G launch in Chile. Before Qualcomm,
Mr. Fontan Balestra held executive positions at Brightstar,
the world's largest specialized distributor and a leading global
service provider for the mobile phone industry, and Movistar,
Telefónica's multinational mobile carrier.
Chris Giordano, CEO of MiMedia,
expressed his excitement about Mr. Fontan
Balestra joining the team, stating, "We are thrilled to
welcome Santiago as Senior Director of Business Development at
MiMedia. He brings to our business development team a
first-class reputation and deep relationships with the leading
telco and smartphone device players in LATAM, particularly in the
southern cone. His extensive industry experience and proven
track record of driving strategic partnerships will greatly
contribute to deepening MiMedia's growing market share in the LATAM
market and abroad."
Santiago Fontan Balestra shared
his enthusiasm, saying, "I am very excited to join MiMedia. I
consider MiMedia's consumer cloud platform to be best-in-class
globally and strongly believe the Company can become the dominant
consumer cloud platform in LATAM. I look forward to bringing
my expertise and network to their first-class team, winning
impactful strategic partnerships and driving strong growth."
About MiMedia
MiMedia Holdings Inc. provides a next-generation consumer cloud
platform that enables all types of personal media to be secured in
the cloud, accessed seamlessly at any time, across all devices and
on all operating systems. The company's platform differentiates
with its rich media experience, robust organization tools, private
sharing capabilities and features that drive content
reengagement. MiMedia partners with smartphone makers and
telecom carriers globally and provides its partners with recurring
revenue streams, improved customer retention and market
differentiation. The platform services millions of engaged users
around the world.
Notice regarding
forward-looking statements:
Certain statements in this press release constitute
forward-looking statements within the meaning of applicable
securities laws. Forward-looking statements are frequently
characterized by words such as "plan", "continue", "expect",
"project", "intend", "believe", "anticipate", "estimate", "may",
"will", "potential", "proposed" and other similar words, or
statements that certain events or conditions "may" or "will"
occur. Forward-looking statements in this press release
include: statements regarding the Offering; the expected gross
proceeds of the Offering; the use of proceeds of the Offering; the
final terms of the Debenture Units and the securities underlying
the Debenture Units; any potential exercise of the Agent's Option;
and the anticipated closing of the Offering. Such
forward-looking statements are based on the current expectations of
management of MiMedia. Actual events and conditions could
differ materially from those expressed or implied in this press
release as a result of known and unknown risk factors and
uncertainties affecting MiMedia, including risks regarding the
industry in which MiMedia operates, economic factors, the equity
markets generally and risks associated with growth and
competition. Additional risk factors are also set forth in
the Company's management's discussion and analysis and other
filings available via the System for Electronic Document Analysis
and Retrieval (SEDAR) under the MiMedia's profile at
www.sedar.com. Although MiMedia has attempted to identify
certain factors that could cause actual actions, events or results
to differ materially from those described in forward-looking
statements, there may be other factors that cause actions, events
or results to differ from those anticipated, estimated or
intended. No forward-looking statement can be taken as
guaranteed. The forward-looking information contained in this
press release is made as of the date hereof and the Company is not
obligated to update or revise any forward-looking information,
whether as a result of new information, future events or otherwise,
except as required by applicable securities laws. Because of
the risks, uncertainties and assumptions contained herein, readers
should not place any undue reliance on forward looking
information.
SOURCE MiMedia