Financial Executive Brings Over 30 Years of Experience in Building Solid Financial Growth for Emerging Technology Companies
NEWPORT BEACH, Calif. – April 14, 2016 – Accelerize (OTCQB: ACLZ) (OTCBB: ACLZ), and its marketing software division CAKE, today announced the appointment of Anthony (Andy) Mazzarella to the position of Executive Vice President and Chief Financial Officer. Mr. Mazzarella, who assumed the role of Interim Chief Financial Officer in January 2016, brings over 30 years of executive management and finance experience to Accelerize with a particular focus in managing high-growth technology companies.
“We are thrilled to have Andy join the team at Accelerize as we position the company for future expansion,” said Brian Ross, Chief Executive Officer, Accelerize. “As a CEO and CFO of several cutting-edge technology companies, his wealth of experience in capital markets and M&A will be an invaluable asset for our company as we expand our global footprint and ramp our profitable revenue streams. In the few short months he has worked with us at the interim level he has already made a significant impact in setting the stage for Accelerize to achieve rapid recurring revenue growth and strong bottom-line results.”
Prior to joining Accelerize, Mr. Mazzarella has held senior-level executive roles at more than half a dozen technology companies, both public and private. He most recently served as Chief Executive Officer at Scalable Network Technologies, a privately held high-performance network simulation software provider. As a founder and Chief Executive Officer of AOptix Technologies from 2000 to 2005, he raised more than $50 million in private equity capital for the development of the company’s high-speed laser communication equipment. As Chief Financial Officer of iMALL, a publicly traded ecommerce company, he helped navigate the company from the OTCBB to a NASDAQ uplisting and eventual sale to Excite@Home for $565 million in 1999.
Mr. Mazzarella added, “I am excited to take on the role of CFO at this dynamic technology company that I believe is only beginning to tap into its vast potential. Accelerize is fulfilling a significant need in the digital marketing analytics world by providing CAKE, a leading SaaS-based platform, to a rapidly expanding and evolving industry. CAKE allows clients to optimize digital ad spend and marketing performance in this multi-billion dollar industry. I look forward to helping Accelerize build in prominence, scale and ultimately value for its stockholders.”
In addition to his executive roles, Mr. Mazzarella has also served as a member of the Board of Directors of numerous other technology companies, including Mustang Software through its $290 million acquisition by Quintus, SuperNation, MyLife (Reunion.com), eForce Media and PatentVest. Earlier in his career he served as Vice President of Finance for The Davis Companies, Director of Planning for Twentieth Century Fox, and Senior Consultant with Deloitte & Touche.
Mr. Mazzarella received a bachelor’s degree in physics from Pomona College and an MBA from the Harvard Business School.
Accelerize Inc. (OTCQB: ACLZ) (OTCBB: ACLZ) offers marketing technology solutions that revolutionize the way advertisers leverage their digital advertising data. For more information, visit www.accelerize.com.