Mobiquity Technologies, Inc. (MOBQ) Names Thomas M. Arnost as New Chairman

The nation’s largest location-based mobile marketing Bluetooth network, Mobiquity Technologies, recently announced the recruitment of Thomas M. Arnost as its new Chairman of Mobiquity Technologies. A Mobiquity board member since July of 2011, Arnost has consistently participated in company initiatives to drive growth. The appointment comes at a key time of strategic expansion efforts as the company recently reported 33% growth of the Mobiquity Networks’ national footprint.

“Tom is a well-known, very highly regarded media executive with a tremendous amount of industry experience and a very impressive track record of success. Tom will make a strong Chairman for us,” commented Co-Chief Executive Officer of Mobiquity Technologies, Dean Julia. “Our team looks forward to more of Tom’s involvement in the company’s growth at all levels.”

In his position as Chairman of Mobiquity Technologies, Arnost will work with the company’s executive team and other board members, providing strong leadership and guidance across the organization. Prior to Mobiquity, Arnost acted as co-president of Univision Communications, Inc. Station Group. He served there as co-president of the Univision Television Station Group from 1997 to 2006 and prior to that as executive vice president from 1994 to 1996. During his time with Univision it was Arnost’s leadership that helped contribute to the station group’s astounding growth. Impressively, revenues grew from under $120 million in 1993 to over $600 million in 2006, prior to the sale of the company to a group of private equity companies. In addition, during his tenure, Univision’s market value grew remarkably from $500 million to $14 million.

“Mobiquity Technologies is in a very unique position, already establishing itself as the largest location based mobile Bluetooth network in the country, with a footprint that includes every major U.S. market. With state-of-the-art Bluetooth technology, the Mobiquity network can flawlessly deliver an advertiser’s message directly to a consumer’s personal device, at the right time, at the right place,” stated Arnost. “Location based mobile marketing is the next frontier and Mobiquity Technologies is a leader in the category, well positioned for sustainable growth. I am honored to be joining a highly talented management team and look forward to building significant shareholder value.”

To learn more, please visit www.mobiquitytechnologies.com

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