|What:||Today, Velti, the leading global provider of mobile marketing and advertising technology and solutions, has been named the winner of the 2012 Juniper Future Mobile Award in the mobile advertising category by Juniper Research. Juniper Future Mobile Awards are given to companies that have made a significant contribution to their sector and are poised to make considerable market impact in the future. The Mobile Advertising category recognizes companies that have made the most significant impact in the past year to the field of mobile advertising.|
|Why:||Velti’s continued growth and innovation has helped shape the future of the industry and thousands of publishers, brands, agencies and operators, such as Ford, Johnson & Johnson and Adidas, create dynamic and engaging mobile marketing strategies. Velti has grown rapidly in the last two years, fueled by a successful U.S. public offering in 2011 and strategic acquisitions including Mobile Interactive Group, Air2Web and CASEE within the past 12 months. In March, the company announced 2011 revenues of $189.2 million—an increase of 63% over 2010. In May, the company announced Q1 2012 revenues at $51.8 million, which exceeded guidance and represented a 75% increase in revenue over Q1 2011.|
|Assets:||Velti’s CMO Krishna Subramanian (based in San Francisco) is available for interviews.|
|"The first half of 2012 has been one of the most exciting years to date in the mobile advertising ecosystem,” said Alex Moukas, CEO of Velti. “As brands strive to engage with their consumers, Velti is committed to not only helping clients reach their target audiences via mobile, but also engage and create powerful customer loyalty programs. We’re honored to be recognized as the 2012 Future Mobile Advertising Award winner."|
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