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TMCNet:  Macheen Announces Appointment of Tom Meredith to Board of Directors

[March 18, 2013]

Macheen Announces Appointment of Tom Meredith to Board of Directors

AUSTIN, Texas --(Business Wire)--

Macheen Inc., a leading mobile cloud application service provider for connected devices, announced today the appointment of Tom Meredith to its Board of Directors. Meredith is a well-known investor and long-time industry executive who has served in executive and Board roles in a variety of companies and industries. He has served on the Board of Directors of Motorola (News - Alert) Mobility, as well as Chief Financial Officer of Motorola, Inc., Managing Director of Dell Ventures and Chief Financial Officer of Dell, Inc., and Vice President and Treasurer at Sun Microsystems, Inc.

Meredith is currently co-founder and general partner of Meritage Capital, L.P., an investment management firm specializing in multi-manager hedge funds, as well as CEO of MFI Capital, the Meredith Family's private investmentarm. In addition, he serves on several for-profit Boards including Bazaarvoice, Inc., and Brightstar (News - Alert) Corporation, as well as several non-profit Boards. Meredith is frequently listed among the most influential Austinites, and was recently named the Austinite of the Year in 2012 by the Austin Chamber of Commerce.

"We are extremely pleased to welcome Tom to the Board," said Richard Schwartz, CEO of Macheen Inc. "Tom's deep knowledge of enabling new business models and growing global businesses is unparalleled. The eco-system for connected services to an increasing array of mobile devices beyond the mobile phone is being created as we speak. Macheen continues to lead the charge in providing new connectivity options beyond traditional carrier data plans for a host of tablets, laptops, portable gaming devices and other CE devices. Tom's soup-to-nuts understanding of the market dynamics is unparalleled."

About Macheen

Macheen Inc. is a leading global mobile application service provider for connected devices and services. It offers a comprehensive white label solution for major OEMs, global resellers and application providers to roll out branded "service included" devices and offers. Its flexible cloud-based platform enables innovative mobile business models and connected service offerings that can be tailored to individual device and market segments. Macheen is unique in providing a flexible platform for new mobile broadband subscription models for bundled access, sponsored content and fine-grained enterprise connectivity. Headquartered in Austin, Texas, Macheen is a global corporation with services active in multiple continents, with wholly owned subsidiaries Macheen GmbH and Macheen Ltd.


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