Adaptive Medias, Inc. CEO Qayed Shareef Issues Shareholder Update

IRVINE, CA--(Marketwired - Apr 15, 2014) - Multi-channel audience and content monetization company, Adaptive Medias, Inc. (OTCQB: ADTM), a leader in programmatic advertising across mobile, video and online display, announced the issuance of a letter to shareholders from CEO Qayed Shareef.

April 14, 2014

Dear Fellow Shareholder:

Since July 1, 2013, when Mimvi, Inc. entered into an Agreement and Plan of Merger with the company I founded, Adaptive Media, we have focused on increasing shareholder value for the Company through a new strategic approach. This approach has yielded tremendous excitement both within the company and in media outlets across the industry that have covered our progress. The last nine months have ushered in a stronger, more competitive position for the Company in one of the fastest-growing sectors of our overall business landscape today.

After I took the position of Chief Executive Officer of Adaptive Medias, Inc. ("Adaptive Media" or the Company) last year, I saw several key opportunities for the Company:

1) to build a more efficient marketplace for publishers and brand advertisers alike;

2) to leverage technology for programmatic advertising, content monetization, and optimization across mobile, video and display channels; 

3) to bring in world-class talent and join together the brightest minds in the industry to help guide us towards a sustainable growth path; 

4) to form external strategic alliances and partnerships to maximize shareholder value;

5) to build a company with an immediate path to growth with long-term sustainability in a multichannel, multi-device world; and

6) to manage the business with integrity, transparency, fiscal discipline and shareholder value in mind.

Sitting here today, I am energized knowing that our initial visions are as strong, relevant and resolute as ever. There is excitement around Adaptive Media. Make no mistake: we have built a strong foundation in a relatively short amount of time. The opportunity for the Company to put an indelible stamp on the nexus between technology, content and advertising is very real.