Adconion Media Group stacks-up on ad tech expertise and appoints Thomas Falk to the Board

LONDON, November 25th, 2011 – Adconion Media Group announced today that Thomas Falk will join its board of directors, effective immediately. The internet entrepreneur and investor Thomas Falk is a co-founder of smartclip through his venture capital company eValue. smartclip, the leading European company in digital video advertising, was recently acquired by Adconion as part of its strategic commitment to become a leader in online video advertising.

Dr Neil V. Sunderland, Chairman of Adconion Media Group, commented:
"Thomas Falk is one of the internet entrepreneurs driving the digital agenda. His experience and vision, particularly in relation to the online video and ad tech platforms. brings invaluable expertise to the Adconion board."

"Thomas' appointment reinforces our intention to strengthen Adconion's position in building the largest global multi-channel digital distribution platform. I am confident that Thomas will provide our board and management team with fresh ideas and direction in the rapidly changing digital advertising landscape."

After selling his company, Falk eSolutions, to DoubleClick, Thomas Falk acted as EMEA President at DoubleClick. He then founded and served as CEO of the eValue Group, comprising the publicly traded eValue Europe AG, the international media investment bank Digital Capital Advisors, and the US-based investment fund Revel Partners. Thomas' interests cover the complete digital value chain including online video, mobile advertising, rich media, ad-serving, targeting and performance marketing. In these areas, he has supported companies from their formation through their international expansion and, in several cases, implemented successful exits.

Adconion's board comprises distinguished figures from the digital and investment community. The enlarged board of directors will continue to support Adconion's global growth and investment in technological innovation within the online digital advertising space.

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