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|NQ Mobile Names Chris Stier Managing Director for the Americas|
BEIJING, Aug. 1, 2011 /PRNewswire via COMTEX/ --
NQ Mobile Inc. ("NQ Mobile" or the "Company") (NYSE: NQ), a leading provider of consumer-centric mobile security and productivity applications, today announced that it has appointed technology industry veteran Chris Stier to the newly created position of Managing Director for Americas. Mr. Stier will be responsible for NQ Mobile's business development throughout the Americas, overseeing sales and marketing operations. The Company plans to establish strategic partnerships with key industry players in the region in order to provide the best service and protection to consumers in the Americas.
"The Americas are an increasingly important region and one of the fastest growing markets for NQ Mobile," said Dr. Henry Yu Lin, NQ Mobile's Chairman and Chief Executive Officer. "The addition of Chris to our team underscores our commitment to this market as we look to build out a local team and bring our mobile security solutions to more consumers."
Mr. Stier comes to NQ Mobile with a strong track record in the technology industry, having been with Motorola for more than 15 years in various sales operations and finance positions. Mr. Stier has worked and lived in Latin America, North America and Asia overseeing Motorola's operations in various regions and channels. Over the course of his career, Mr. Stier has contributed more than US$3 billion in sales and launched numerous new products and services into new channels and markets. Some of his key accomplishments include signing global agreements with the world's largest distributors and significantly growing market share in key operator and distributor partners while building strong teams.
"The opportunity to join a fast-growing global company in one of the most exciting areas of technology today - mobile security - was something I could not pass up," said Mr. Stier. "I'm excited to join the NQ Mobile team and take the Company's proven expertise in mobile security and productivity applications more broadly into the U.S. and other key markets in the Americas."
NQ Mobile recently announced it has exceeded 100 million registered users for its comprehensive suite of mobile Internet services, which includes anti-virus, anti-spam, privacy protection, data backup and restoration applications. NQ Mobile has seen a rapid increase in the number of its user base this year, with over a 100% growth since June 2010. This increase reflects strong demand for mobile security in the face of new malware threats to smartphone platforms.
About NQ Mobile
NQ Mobile Inc. (NYSE: NQ) is a leading global provider of consumer-centric mobile Internet services focusing on security and productivity. NQ Mobile was one of the first companies to recognize the growing security threats targeting smartphone users and is now a leading Software-as-a-Service (SaaS) provider with over 100 million registered user accounts worldwide. As a market leader in mobile security, NQ Mobile's innovation and global significance have been widely recognized through distinctions such as the 2011 Technology Pioneer Award bestowed by the World Economic Forum. For more information on NQ Mobile, please visit www.nq.com.
SOURCE NQ Mobile Inc.