Atomic Paintball, Inc. Announces that Robert Dragotta Joins Management Team as President and Changes the Direction of the Company
DALLAS, Sept. 2, 2014 /PRNewswire/ -- Atomic Paintball, Inc. (OTC: ATOC) is pleased to announce that Robert Dragotta has joined the management team as President.
Atomic Chairman and CEO Darren Dunckel stated, "After several months of evaluation, we have determined that the best way to maximize shareholder value is to change the direction of the company. Therefore, beginning today, the company is going to pursue opportunities in the digital out- of- home media and mobile media markets. Our strategy will be to hire personnel, acquire assets, develop products and establish partnerships to grow the company. The first step in executing our plan is the hiring of Robert Dragotta as President."
Mr. Dragotta has over 30 years of experience in the advertising and out-of-home media market. In 1985, he purchased National Out-of-Home Media, a media sales agency in NYC that represented billboard companies worldwide and was responsible for placing advertising on the first Sony Jumbotron in Times Square. Mr. Dragotta has been published in several media publications including AdWeek, Media and Marketing Magazine and Ad Age. After selling National Out-of-Home Media, Mr. Dragotta acted as consultant and assisted in raising over $5 million in capital for a number of enterprises, including Outdoor Advertising International. LTD (OAI/MAV), Inner Circle Guaranty, Bridgeton Crumb Rubber, LLC., and Air Play America, where he also served as its President from 2007-2009. In addition, he is a board member of Charter Digital Media in NYC.
"I am excited to join the Atomic team and be apart the movement from traditional viewing to connecting via mobile devices and changing the way the world is entertained and informed. Atomic with its technology partners, hopes to provide the advertising community with the opportunity to reach consumers when and where they are most likely to respond to their message. The advertising game is changing and Atomic plans to be at the forefront of this new world of digital marketing/advertising," stated Mr. Dragotta.
The company's new mission is to establish the first geospatial narrowcast, interactive digital media network that links brands and retailers to consumers and their mobile devices.
According to a September 20, 2012 eMarketer report, US Digital Ad Spending is projected to top $50 Billion by 2015. In addition, the Wall Street Journal reported on July 21, 2014, "eMarketer estimates that spending on mobile advertising, which includes both smartphones and tablets, will soar 83% to nearly $18 billion in 2014."
Currently, Atomic is a development stage company focused on developing the first Geospatial Narrowcast, Interactive Digital Media Network that links Brands and Retailers to consumers and their Mobile Devices. The Company intends to change its name to one that better suits its current business plans and is working on scheduling an annual shareholder meeting, at which it will seek shareholder consent for such name change.
Safe Harbor Statement
This news release may contain "forward-looking" statements. These forward-looking statements are only predictions and are subject to certain risks, uncertainties and assumptions that could cause actual results to differ from those in the forward looking-statements. Potential risks and uncertainties include such factors as uncertainty of consumer demand for the Company's products and services, as well as additional risks and uncertainties that are identified and described in the Company's SEC reports. Actual results may differ materially from the forward-looking statements in this press release. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company does not undertake, and it specifically disclaims, any obligation to update any forward-looking statements to reflect occurrences, developments, events or circumstances after the date of such statement.
SOURCE Atomic Paintball, Inc.
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