My Big Board Pick is Velti plc (Nasdaq: VELT) at $
Post# of 98041
My Big Board Pick is Velti plc (Nasdaq: VELT) at $2.02
VELT 52 Week High $10.43, 52 Week Low $1.53
Here are few reason's why I feel Velti's ($VELT) is a buy
In the quote below, I highlighted a few things from VELTS Recent 6K
Velti Announces Appointment of Mari Baker as Chief Operating Officer
The company also announced that Mari Baker has joined Velti as chief operating officer . Ms. Baker was appointed to our Board of Directors in August 2011 and has an impressive track record for driving growth and efficiency at a variety of respected Bay Area companies. In addition to CEO roles at two venture-backed companies, Ms. Baker led the sale of BabyCenter to Johnson & Johnson in 2001 and integrated and expanded
the company through her next five years as a company president at J&J. For the ten previous years, she was a key member of the leadership team at Intuit as the company grew from under $10 million in revenue to nearly $850 million , and led various business and functional units. Ms. Baker attended Stanford University where she also served on the board of trustees and currently serves on the board of directors of John Wiley & Sons, and Velti.
“We are very pleased to announce today that Mari Baker is joining Velti in a permanent capacity as our chief operating officer,” said Moukas. “Mari boasts an impressive track record for driving growth and efficiency, and has provided valuable leadership to us in her time as a board member and interim COO, where she has been integral in driving the recent restructuring and a strong focus on operations.”
Q1 Business Highlights
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Velti continues to experience strong demand for its services and during the first quarter it added key new 7-figure deals with major brands, including American Express, Ford and AT&T, Panasonic, Vodafone, Orange, Claro and Coca Cola;
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The company announced the launch of Velti Media, the company's mobile ad network with encouraging early results and an impressive list of blue chip, global brand partners, including Disney, Toyota and Unilever among others;
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Velti also announced the launch of advanced multi-channel targeting technology, enabling brands to target consumers with relevant advertising and marketing interactions, identifying and reaching the same consumers across any device or platform, utilizing retargeting capabilities from desktop to mobile web, mobile apps and messaging; and
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Velti and BlueKai announced a mobile data partnership that allows brands and agencies using BlueKai's Data Activation System to have new access to Velti's extensive mobile marketing data, enabling them to more precisely target consumers on mobile devices.
Q2 and Fiscal Year 2013 Outlook
Though Velti will not be providing an updated range of revenue guidance for fiscal year 2013, revenue is expected to come in lower than original mid-point guidance of $267.5 million.
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