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NEW YORK - May 10, 2016 - FORM Holdings Corp. (NASDAQ: FH), a diversified holding company, today announced that Darin S. White will join the company's wholly owned subsidiary, Group Mobile, as President effective immediately. Mr. White has more than ...

NEW YORK - May 10, 2016 - FORM Holdings Corp. (NASDAQ: FH), a diversified holding company, today announced that Darin S. White will join the company's wholly owned subsidiary, Group Mobile, as President effective immediately.

Mr. White has more than 28 years of experience in sales, management and marketing, 15 of which were specifically focused in the mobile computing technology industry. Prior to joining Group Mobile, Mr. White was the Senior Southeastern Regional Sales Manager for the Enterprise Division of Getac USA. While at Getac, he received the TOP Revenue Award 6 of the 7 years he was with the company. Prior to Getac, Mr. White was the Southeastern Regional Sales Manager with General Dynamics-Itronics which followed his tenure as Managing Director of Virtual Mobile Technologies (VMT), an independent Sales and Marketing organization firm that specialized in Rugged Mobility and Technology solutions for the Aviation and Transportation, Manufacturing and Logistics as well as the Oil and Gas markets. Mr. White's years of successful industry experience have covered all vertical markets of Public Sector and Enterprise, which is where Group Mobile plans to focus its industry leading, in class rugged mobility solutions, to foster sustainable growth.  

"It is in an honor to have been selected to lead the Group Mobile team at this exciting time. The company has developed a well-known and respected reputation for providing the industry's best in class brands of rugged PC devices and technology solutions.  I believe the company is in a strong strategic position and is poised to gain a greater share of the rugged mobile solutions market, as well as the greater mobility solutions market as a whole. I plan to quickly assess and aggressively expand Group Mobile's product, technology and solutions offerings. This will build on the strength of Group Mobile's strategic partnerships and industry deliverables while keeping pace with the ever-evolving industry trends. I look forward to guiding the company into this phase of growth," said Mr. White.

"I am pleased to welcome Darin to Group Mobile. I believe that his knowledge of the mobile technology industry, along with his track record of industry leading performance and strong management skills will play a key role in shaping our sales, marketing and revenue driven culture as we continue to expand our portfolio of products and services," said Andrew D. Perlman, FORM's Chief Executive Officer.


About Group Mobile

Headquartered in Phoenix, AZ, Group Mobile serves customers all over Globe. Customers range from Enterprise Fortune 500 companies to SMB-size businesses, U.S. Military, State and Local Public Sector user bases of Police, Fire, EMS as well as serving the frequent traveler that needs something more durable than a commercial, off-the-shelf computer. Group Mobile carries virtually all the leading rugged computing brands and accessories. In addition, Group Mobile offers turn-key solutions for vehicle docking and mounting equipment from industry best Gamber-Johnson, Havis and Ram Mounts. To learn more about rugged computers and how they differ from commercial, indoor computers, check out the Rugged Computer Guide or visit us online at www.groupmobile.com.

About FORM Holdings Corp.

FORM Holdings Corp. is a diversified holding company that specializes in identifying, investing in and developing companies with superior growth potential. FORM's current holdings include Group Mobile, Fli Charge, Infomedia and Intellectual Property Assets. Group Mobile is a provider of rugged, mobile and field-use computing products, serving customers worldwide. Fli Charge designs, develops, licenses, manufactures and markets wire-free conductive power and charging solutions. Infomedia is a leading provider of customer relationship management and monetization technologies to mobile carriers and device manufacturers. The Intellectual Property division is engaged in the innovation, development and monetization of intellectual property. To Learn more about Form Holdings Corp., visit: www.FormHoldings.com.

Forward-Looking Statements

This press release includes forward-looking statements, which may be identified by words such as "believes," "expects," "anticipates," "estimates," "projects," "intends," "should," "seeks," "future," "continue," or the negative of such terms, or other comparable terminology. Forward-looking statements are statements that are not historical facts.  Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ materially from the forward-looking statements contained herein.  Factors that could cause actual results to differ materially include, but are not limited to: our inability to license and monetize our patents, including the outcome of litigation; our inability to monetize and recoup our investment with respect to patent assets and other businesses that that we have acquired or acquire in the future; our inability to develop and introduce new products and/or develop new intellectual property; our inability to protect our intellectual property rights; new legislation, regulations or court rulings related to enforcing patents, that could harm our business and operating results; unexpected trends in the mobile phone and telecom computing industries; our inability to raise additional capital to fund our combined operations and business plan; our inability to maintain the listing of our securities on a major securities exchange; general economic conditions and level of information technology and consumer electronics spending; the potential loss of one or more of our significant Original Equipment Manufacturer ("OEM") suppliers, the potential lack of market acceptance of our products; market acceptance, quality, pricing, availability and useful life of our products and services, as well as the mix of our products and services sold; potential competition from other providers and products; our inability to retain key members of our management team; our liquidity and other risks and uncertainties and other factors discussed from time to time in our filings with the Securities and Exchange Commission ("SEC"), including our annual report on Form 10-K filed with the SEC on March 10, 2016.  FORM expressly disclaims any obligation to publicly update any forward-looking statements contained herein, whether as a result of new information, future events or otherwise, except as required by law.


Investors and Media


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Vringo, Inc. via Globenewswire


Source(s) : Vringo, Inc.

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