Marin Software Announces Change in Executive Leadership

SAN FRANCISCO, CA--(Marketwired - August 24, 2016) - Marin Software Incorporated (NYSE: MRIN), a leading provider of cross-channel, cross-device, enterprise marketing software for advertisers and agencies, today announced that the Board of Directors decided to reappoint Christopher A. Lien to the role of chief executive officer, and as a result David A. Yovanno has stepped down as chief executive officer and from his position as a member of the board. Mr. Lien, founded the company in 2006, and currently serves as its chairman of the board.

"On behalf of the board, our team members, and myself, I would like to thank Dave for his leadership during his time at Marin," said Mr. Lien. "He has been instrumental in executing our strategy to expand our industry-leading, SaaS-based search ad management platform to include social and display solutions. He also launched the strategic initiative to transform Marin's technology infrastructure and to unify these three applications onto a single, state-of-the-art big data platform. The financial discipline and organizational changes he implemented have enabled Marin to operate more efficiently, with improved margins, and reduced operating cash requirements.

"The board and I see an attractive opportunity to build on these accomplishments, and I am excited to rejoin the operating team. With renewed entrepreneurial focus on growth and execution, commitment to improving our customers' advertising effectiveness and an uncompromising focus on innovation, I am confident that Marin will successfully complete our transformation. With these initiatives we can bolster our market-leading position to drive value for our stockholders."

About Marin Software
Marin Software Incorporated's (NYSE: MRIN) mission is to give advertisers the power to drive higher efficiency, effectiveness, and transparency in their paid marketing programs that run on the world's largest publishers. Marin provides industry leading enterprise marketing software for advertisers and agencies to measure, manage, and optimize more than $7.8 billion in annualized ad spend across the web and mobile devices. Offering an integrated SaaS ad management platform for search, social, and display advertising, Marin helps digital marketers improve financial performance, save time, and make better decisions. Advertisers use Marin to create, target, and convert precise audiences based on recent buying signals from users' search, social, and display interactions. Headquartered in San Francisco, with offices in eight countries, Marin's technology powers marketing campaigns around the globe. For more information about Marin Software, please visit: http://www.marinsoftware.com.