Los Angeles, CA - September 22, 2009, GetFugu, Inc. (OTC BB:GFGU.OB), www.getfugu.com, the revolutionary new method of accessing the Internet through mobile phones, has appointed Derek Norton Chief Operating Officer, the Company announced today.Norton is the founder and Managing Partner of Watertower Group, an industry-leading boutique investment bank, and the Managing General Partner of the Watertower Early Opportunity Fund, a seed and early stage venture capital fund.
"We are delighted to welcome Derek Norton to our team,” commented Bernard Stoler, GetFugu’s CEO. “Derek is an accomplished entrepreneur and venture capitalist, with over 19 years of business building and executive management experience in the technology, internet and media industries.”
“GetFugu has revolutionary technology that will change the way consumers interface with the Internet on their mobile phones,” Norton said. “I’m pleased to be part of this new venture.”
Norton was previously an investment professional at Entertainment Media Ventures, a $120 million dollar seed and early stage venture capital fund focused on investments in broadband infrastructure, consumer internet and digital media sectors, having led investments in Kassena, Matchcraft and Relegence, among others, and earlier, was with Entertainment Media Ventures, a Michael Milken-backed seed and early stage venture capital fund located in Los Angeles.
Norton founded Jeffries Technologies, Digital Boardwalk, a provider of web based service solutions to traditional businesses and new media business ventures. Netscape’s second commercial partner, Digital Boardwalk was a pioneer in the provisioning of Internet technologies, e-commerce development, and marketing solutions to a wide range of companies and industries. Clients included CBS SportsLine, eToys, Office Max, Hughes Global Services, News Corp, and Hewlett Packard. Jeffries became one of Inc. Magazine’s 500 fastest growing privately held U.S. companies, providing network enterprise architecture and systems integration to Global 2000 businesses.
Getfugu premiered its four unique “See It,” vision recognition (ARL) “Say It,” voice recognition (VRL) “Find It,” location recognition (GRL) and “Get It,” Hot-Spotting services on 09/09/09, and is swiftly deploying it around the world.
About Getfugu
Getfugu, Inc. is the first technology architect to provide a carrier agnostic, platform agnostic mobile search platform. Getfugu will change the way people access the web with their mobile phones. It is designed to encourage use of its applications by simply integrating the mobile phone's core strengths (image recognition, voice recognition, location recognition) into a single customizable application. Additionally, Getfugu offers the only mobile hot-spotting e-commerce platform available worldwide today. The Getfugu platform will be available for 97% of the mobile phones available (over 3.3 billion handsets) worldwide.
Forward Looking Statements
Some statements contained herein may contain so-called "forward- looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made herein. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and GetFugu undertakes no obligation to update such statements. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. .
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Wednesday, September 23, 2009
GetFugu Names Derek Norton Chief Operating Officer
via brandmediapr.com
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