Press Release

 

TouchTunes Expands Sales Team
to Support Continued Growth


  

Press Contact:
James David
Racepoint Group for TouchTunes Music Corporation
415.694.6712
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Sales Team Primed to Support Ongoing Expansion of the TouchTunes Out-Of-Home Entertainment Network

NEW YORK CITY - February 20, 2008 - TouchTunes Corporation, the largest out-of-home interactive entertainment network, announced today the expansion of its direct sales force following record growth in 2007.  The company also recognized its Northeast sales territory as Territory of the Year for 2007.  Receiving the Territory of the Year award were Pat Seitz, Dave Kelly and Michelle Ludy, who together achieved 113% of their targeted sales goal for the year.  The team added 42 new customers to the TouchTunes family and was responsible for shipping 1,499 units, 537 of which were in the fourth quarter.  The Northeast team works with TDM Distributing, Superior Distributing and CNY Coin Machine and the territory includes all of New England and New York except for New York City and Long Island. 

To support its growing sales force and market opportunity, TouchTunes has created new geographic sales zones and has promoted veteran TouchTunes sales executives to lead each zone.  These zone managers have an average of nine years experience with TouchTunes and 20 years in the coin-op industry.  The Eastern Zone is managed by Chuck West, the Central Zone is managed by Todd Martin, the Western Zone is managed by Evan Steiner, and the Canada and Mexico Zone is managed by Mike Jablonski.  Dan Clarton, Director of Sales, is the Midwest Zone (Illinois and Wisconsin) manager and is also responsible for distribution management.  Additionally, Kevin Claussen was promoted to Northwest Regional Sales Representative; Nikki Hendricks, former Inside Sales Manager, was promoted to Director of Sales Operations; and, Michelle Krasinski's  was promoted to Inside Sales Manager. 

Territories within each zone have also been redefined.  Sales territories now include: Northeast, Mid-Atlantic, Southeast, Lakes, Midwest, North Central, South Central, Mountain, Northwest and Southwest regions.  Additionally, Field Service Representatives, re-named Technical Sales Representatives, are now assigned to specific territories. 

"With these changes, we have revamped our sales team and sales territories for 2008 to be even more effective in delivering the highest quality products and service to our customers," said Dan McAlister, Senior Vice President, Sales for TouchTunes.  "We have also added a formal account management role for each of our sales managers.  In this capacity, sales managers will work with their operators to identify new opportunities and to drive increased jukebox revenue." 

To further the company's reach and capabilities, TouchTunes has expanded its sales team with the addition of several coin-op industry veterans.    

Larry Brown is the new Southeast Regional Sales Manager and comes to TouchTunes with over 35 years in the jukebox industry, of which the last 29 years were with Greater Southern Distribution Co.  "TouchTunes has established itself as a leader in its market and I look forward to contributing to the company's continued success," he said.  

Tim Lacey, the new Great Lakes Regional Sales Manager, has over 18 years experience in the coin-op business, including the last six years as Regional Sales Manager for Rock-ola Manufacturing.  Tim also worked as General Manager and partner of a small full-line vending company and also worked in full-line vending for ARAMARK.  Tim said he liked the fact that TouchTunes was an integrated manufacturer, supplying both hardware and software, and he was "looking forward to helping the company continue its fantastic growth."

Robert Ramanousky, the new Southwest Regional Sales Manager, comes to TouchTunes from Merit Entertainment where he was Regional Manager of the Western US and Western Canada.  He said he was "very excited to join TouchTunes where a clear vision for the future, genuine passion for customer care, and a drive for success are infectious and will be the catalyst for future growth." 

Eli Backer, the new Southwest Regional Sales Representative, has been working in the coin-op industry for over 11 years.  For the past 10 years he worked in various sales positions at Betson West in San Francisco. Of the opportunity, he said, "I'm looking forward to a strong 2008 working for a great organization like Touch Tunes, and I'm proud to be a part of a winning team."

Steve Venturino, the new Southwest Technical Sales Representative, comes to TouchTunes from View Interactive where he led the Product Development team.  Steve has been working in the coin-op industry since 1992 and was with View Interactive since its inception.  "I love this industry, and I've always enjoyed keeping up to date with technology," he said.  "When Touch Tunes released the Gen3 platform, it was clear to me that they truly understand the industry, and I knew that they'd hit a home run.  I've spent over a decade in the software and hardware fields, and it's always nice to see an integrated product that gets it right!" 

"This is an exciting time for TouchTunes," said Art Matin, TouchTunes CEO. "We continue to innovate and grow, and I look to this very seasoned team to work closely with our operator and distributor partners to bring TouchTunes new opportunities for growth and success." 

About TouchTunes Corporation

TouchTunes Music Corporation is the largest out-of-home interactive entertainment network, providing innovative solutions to over 30,000 bars, restaurants, retailers and other businesses in North America - three times larger than the nearest competitor. TouchTunes introduced the world's first digital-downloading, pay-per-play commercial jukebox in 1998 and now operates the largest network of interactive entertainment systems, playing over 1.5 million songs per day.  TouchTunes maintains a digital music library covering more than two million licensed tracks from every major record label, plus independent music distributors and a host of independent labels.

A privately held U.S. corporation, TouchTunes Music Corporation's principal offices are in New York City, Montreal, Quebec, Canada, and Lake Zurich, IL.