OutdoorPartner Media appoints new Chief Financial Officer
TORONTO, January 3 - OutdoorPartner Media Corporation ("OutdoorPartner" or the "Company") (TSXV: OPX) today announced the appointment of Grant Connelly as the Company's Chief Financial Officer, effective immediately. Mr. Connelly succeeds Ari Huber who has resigned as the Company's Chief Financial Officer and Chief Operating Officer to pursue outside interests.
"Ari has made a significant contribution to the Company's success over the last four years," stated OutdoorPartner's CEO, Mark Brodkin. "We look forward to his continued involvement as a Director and one of the Company's largest individual shareholders."
Mr. Connelly joined the Company as VP Business Development in March 2006. Prior to joining OutdoorPartner, Mr. Connelly held a strategic position with CFM Corp., a former member of the TSX Composite Index, and played a key role in facilitating the acquisition of CFM Corp. by a pension fund. In addition, he has served as Controller for several companies. Mr. Connelly holds an MBA degree from the Schulich School of Business at York University and a Bachelor of Accounting degree from Brock University.
About OutdoorPartner Media:
OutdoorPartner is a market leader in the emergent alternative out-of-home media segment. The Company operates two out-of-home media networks: a PartnerBin network and a payphone kiosk advertising network. PartnerBins - litter/recycling receptacles that facilitate advertising - are currently located in nine U.S. communities, including: New York City, St. Louis and Baltimore. OutdoorPartner's payphone kiosk advertising division, Prime Point Media, offers highly-targeted advertising plus PrimeCasting - a Bluetooth broadcast solution - on a network of over 700,000 payphone kiosks located in all of the top 50 designated market areas. More information may be found by visiting www.outdoorpartner.com or www.primepointmedia.com.
This news release contains forward-looking statements regarding, among other things, OutdoorPartner's beliefs, plans, objectives, strategies, estimates, intentions and expectations. Such statements are based on a number of assumptions which may prove to be incorrect, involve certain risks and uncertainties that are difficult to predict and, accordingly, are not guarantees of future performance. The future results of the Company or developments may differ materially from those expressed in the forward-looking statements contained in this news release, due to, among other factors, OutdoorPartner's lack of operating profits, its dependence on key personnel, general economic conditions and other external events that may impact on customers' advertising spending, competition from other out-of-home advertisers and other media and government regulation seeking to limit or restrict OutdoorPartner's activities. More detailed information about these and other factors is included in OutdoorPartner's 2005 Annual Information Form and other documents published or filed by, or on behalf of, OutdoorPartner from time to time with the Canadian securities regulatory authorities. Other than as required by law, OutdoorPartner undertakes no obligation to publicly update or revise any such forward-looking statements or information, whether as a result of new information, future events or otherwise.
For further information: Mark Brodkin, CEO, OutdoorPartner Media Corporation, 296 Richmond Street West, Suite 305, Toronto, Ontario M5V 1X2, Canada, T: (416) 602-1602, F: (416) 352-5070, www.outdoorpartner.com