Katya Andresen to Join ePals(R) as New CEO

Social Networking Veteran Assumes Leadership Role at Leading Global Learning Network

Marketwired
Katya Andresen to Join ePals(R) as New CEO
.

View photo

Katya Andresen to join ePals as new CEO Click here for high-resolution version

WASHINGTON, DC--(Marketwired - May 16, 2013) - ePals Corporation ("ePals" or "the Company") (TSX VENTURE: SLN), an education media company and the world's leading global learning network, is pleased to announce that Katya Andresen will succeed Miles Gilburne as the Company's Chief Executive Officer, effective January 1, 2014 and will report directly to Miles Gilburne, who will transition from his role as CEO over the next six months while continuing to serve as Chairman. During the transition, Ms. Andresen will serve as President and Chief Operating Officer. Current President, Ed Fish and current Chief Operating Officer, J. Michael Kelly will continue reporting to Miles Gilburne in the office of the Chairman, focused on major strategic partnerships, international joint ventures and corporate finance.

Ms. Andresen brings to ePals over 20 years of experience in online community development, the software services business, social media marketing, management operations and journalism. She has a proven track record of driving significant revenue growth around online communities and software platforms and has built scalable businesses with high social impact. Most recently, Ms. Andresen served as Chief Operating Officer and Chief Strategy Officer of Network for Good, which has built an online learning network and Software as a Service (SaaS) digital donations platform. During her tenure, the company transformed the nature of social investing, connecting sponsors, donors and causes around the world, and shifted $800 million in transactions from offline to digital, increasing annual transactions from $16 million to $160 million, and growing its donor community from 8,000 to 200,000 members. 

"Ms. Andresen is a remarkable fit for ePals at this stage in our development," said Miles Gilburne. "Since listing on the TSX Venture Exchange almost two years ago, we have executed our core strategies, successfully financed the Company, and assembled all the pieces necessary to build a highly valuable global education business. As we evolve from a leading education technology company into a high growth, profitable global media business the timing is right to bring in a world class operating executive who embodies the values on which ePals has been built and who has the skills and experience to manage this evolution."

Ms. Andresen said, "I'm excited to build on my experience to harness ePals' scalable collaborative learning platform and large worldwide community of learners to drive a highly successful business while also effecting meaningful change in education on a global basis."

Before joining Network for Good, Ms. Andresen was president of Sutton Group, a Washington, D.C.-based consulting firm. She has worked with the Institute for Sustainable Communities in Ukraine and at CARE International in Atlanta, GA. Earlier in her career, Ms. Andresen was a foreign correspondent for Reuters News and Television in Asia and for Associated Press and major U.S. newspapers in Africa.

Ms. Andresen is the author of the book Robin Hood Marketing: Stealing Corporate Savvy to Sell Just Causes, an adjunct professor of communications at the American University Key Executive Program, as well as vice chair of the board of the Nonprofit Technology Network (NTEN).

About ePals Corporation
ePals Corporation (TSX VENTURE: SLN) is an education media company and the leading Global Learning Network. Focused on the K-12 market, ePals offers elementary and secondary school administrators, teachers, students and parents worldwide a safe and secure platform for building educational communities, providing quality digital content and facilitating collaboration for effective 21st century learning. ePals' award-winning products include: the ePals Global Community®; Learn365™; In2Books®, a common core eMentoring program that builds reading, writing and critical thinking skills; and popular children's educational publishing brands including Cricket® and Cobblestone®. ePals customers and partners include the International Baccalaureate, Microsoft Corporation, Dell Inc., IBM Corp., National Geographic and leading school districts across the United States and globally. ePals serves approximately 1 million classrooms and reaches millions of teachers, students and parents in approximately 200 countries and territories. For information about the ePals Global Community, visit www.epals.com. For Corporate information, visit www.corp.epals.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statement Regarding Forward-Looking Information

Certain statements contained in this press release constitute forward-looking information within the meaning of applicable securities laws, including, without limitation statements with respect to ePals' strategy, prospects and success in pursuing domestic or international markets and the Company's expectations relating to growth and profitability. These statements relate to future events or future performance. Forward-looking information is necessarily based upon a number of assumptions and factors that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information. Those assumptions and factors are based on information currently available to ePals. No assurance can be given that any of the events anticipated by the forward-looking information will transpire or occur or, if any of them do so, what benefits the Company will derive therefrom. The forward-looking information contained in this press release is made as of the date hereof and ePals is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.

Contact:
FOR FURTHER INFORMATION PLEASE CONTACT:

Investor Inquiries
Aric Holsinger
Chief Financial Officer
ePals Corporation
Phone: (703) 885-3400
aholsinger@corp.epals.com

Cory Pala
Investor Relations
E.vestor
Phone: (416) 657-2400
cpala@corp.epals.com

Media Inquires
Connie Connors
ePals Corporate Media Relations
Phone: (212) 219-9188
Mobile: (917) 287-1710
connors.connie@gmail.com
View Comments (0)