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Sibling Group Names New CEO; Seasoned Software And Acquisition Exec Expands Staff

Stocks in this article: EBIX SIBE

NEW YORK and ATLANTA, Jan. 25, 2012 /PRNewswire/ -- Sibling Group Holdings, Inc. (OTCQB:SIBE) ("the Company") announced that it has expanded its executive suite with the appointment of Mr. Rob Copenhaver as CEO, succeeding Steve Carlson.

"I am very pleased to join the team already in place, and look forward to bringing to market the products and services already conceived, as well as some new and exciting offerings," said Mr. Copenhaver, who joined the Board of Directors last month. "The needs in the educational marketplace are great, and have implications in the worldwide economy. We believe we can enhance learning by leveraging the skills of the profession, and facilitating the use of proven tools, in both digital and traditional approaches."

Mr. Copenhaver, age 53, is a seasoned business executive with three decades of experience primarily leading sales, marketing, and operational teams for Internet based technology vendors. His career includes senior positions with start-ups as well as Fortune 500 organizations. He was most recently Vice President for EBIX, Inc. (EBIX:NASDAQ), a publicly traded company that provides technology solutions to the financial services industry where he was responsible for sales, marketing, product strategy, application development, system implementation, and customer support for specific divisions of EBIX. In addition to being responsible for all P&L in those divisions, he was active in the evaluation of acquisitions. He also brings experience in the area of Learning Management System (LMS) technologies. He received his Bachelors degree from Creighton University in Omaha, Nebraska in finance and accounting, as well as a Masters of Business Administration from Creighton. He resides in Atlanta, Georgia.

Mr. Carlson, age 66, who is a shareholder was a founder of NEWCO4EDUCATION, LLC, is turning the CEO reins over to Copenhaver, and will continue to be available to the Company on a consulting basis. Mr. Carlson's resignation was expected, and it will create an opening on the Board of Directors of the Company, and replacement candidates are currently being interviewed by the Board. 

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