July 21, 2011

MoreMagic Names Kimberly Obremski Vice President of Sales, North America

WALTHAM, Mass., July 21, 2011 /PRNewswire/ -- MoreMagic, a leading global mobile commerce and financial services platform and managed services provider, announced today that Kimberly Obremski has joined its team as Vice President of Sales, North America. In this newly created role, Kimberly will be responsible for selling MoreMagic's mobile commerce and financial services technology and solutions to service providers in the U.S. and Canada.

"MoreMagic is on a rapid growth path in the Mobile Commerce space and we're excited to bring Kimberly on board to help drive our ongoing success in North America," said Pankaj Gulati, CEO of MoreMagic. "Kimberly is well known in the industry for her strong relationships and successes in business development and growth management. Her expertise will further strengthen MoreMagic's ability to provide mobile commerce platforms to the world's leading service providers."

In her new role with MoreMagic, Kimberly will be based out of MoreMagic's headquarters in Waltham, Mass., reporting directly to the CEO.

"With its proven technology, experience in cross-border mobile payments and global distribution network, MoreMagic has the infrastructure that will enable mobile transactions -- providing the crucial link between financial services providers, mobile operators, and merchant networks," said Kimberly. "We're committed to the success of the world's leading operators in the evolution of mobile money and payment solutions, and in the future of the mobile wallet."

Kimberly brings over two decades of sales, marketing, and management experience to MoreMagic. Before joining MoreMagic, she was Vice President of Sales, North America for Velti PLC (VELT), a global leader in mobile marketing and advertising platforms and solutions. Kimberly was responsible for Velti's entry into the North American market and landed the first major Tier 1 operator in the U.S. for Velti's ad server and mobile marketing and advertising marketplace. Prior to Velti, she was Executive Vice President of Sales for Boston Communications Group, Inc. (bcgi) where she brought bcgi to its leadership position in prepaid wireless platforms and services. Kimberly was responsible for global sales, building a strong team of wireless professionals and expanding bcgi's presence worldwide.

About MoreMagic Solutions

With deployments in more than 60 countries worldwide, MoreMagic Solutions offers transaction platforms for mobile operators, financial institutions, content providers, and distributors, enabling consumers to purchase goods and services on demand using a mobile phone, POS, or web. MoreMagic's high-throughput payments engine (m:Broker(TM)) and the portfolio of pre-packaged mobile commerce applications in MagicSuite(TM), enable revenue-generating services, including mobile recharge, domestic and international mobile money transfer, mobile banking and mobile payments. MagicHub(TM), MoreMagic's global value exchange which is connected to a worldwide distributor network, brings mobile operator branded services to out-of-country customers, enabling communications with relatives back home, and increased usage on mobile networks worldwide. www.moremagic.com.

SOURCE MoreMagic