MediaValet Appoints Global VP of Sales

VANCOUVER, BC--(Marketwired - July 30, 2015) - MediaValet Inc. (TSX VENTURE: MVP)

• Raja Nucho, former VP of Sales for Successfactors, an SAP company, appointed VP Global Sales at MediaValet
• In less than three months, Raja hired and trained SAP's first Successfactors sales team of 47 sales professionals
• Prior to Successfactors, he drove SAP's mobile cloud licensing and services revenues from US$0 to US$750 million over a three year period; accelerated US$500 million in measurable mobile pipeline sales; and enabled over 300 SAP and partner sales professionals on SAP's cloud-based mobile solutions

MediaValet Inc. (TSX VENTURE: MVP) (the Company), a leading provider of cloud-based enterprise-class digital asset management software, is pleased to announce that Raja Nucho, formerly the VP of Sales for Successfactors, an SAP company, has joined MediaValet as Vice President, Global Sales.

In this role, Raja will be charged with hiring and leading a world-class direct sales and business development team. Over the next nine months, MediaValet's sales team will grow from one junior salesperson to 15 sales executives and a supporting team of business development representatives.

"We have extremely ambitious goals for MediaValet and now is the time to accelerate our sales and marketing strategies, our growth, and our market penetration," commented David MacLaren, founder and President of MediaValet. "We've spent the last few years proving there's strong demand for a cloud-based digital asset management solution, that we can deliver a solution that addresses the market's needs, and that we can successfully sell to brands of all sizes, all over the world."

David continued, "It's time to take our company and our team to the next level and hiring Raja is the first step. Raja will be taking over all sales activities from me and be responsible going forward for all direct sales numbers. I'm confident his extensive experience in cloud sales at Oracle, Business Objects and Successfactors, will accelerate our business drive revenue growth."

Raja's Professional Background

• Raja served as VP North American SMB Sales for Successfactors, an SAP company (2014 to 2015); as Senior Director of SAP's Mobile Centre of Excellence for Mobile Solutions and Sales (2011 to 2014); and as Senior Director of SAP's Global Account Management Group (2008 to 2011).
• At SAP (NYSE: SAP), Raja was responsible for cloud software revenue, business development, customer satisfaction, and go-to-market strategy.
• Raja built Successfactors' 47 person sales team from scratch within three months of starting and attained 105% of his revenue targets.
• Prior to Successfactors, Raja had a strong hand in SAP's cloud sales success, driving SAP's mobile cloud licensing and services revenues from US$0 to US$750 million in three years. He further designed and launched business development campaigns that accelerated over US$500 million in measurable mobile sales and enabled over 300 SAP and partner sales professionals on SAP's cloud-based mobile solutions.
• Previous to SAP, Raja served as Director IT for Business Objects, and in sales and business management positions at Oracle and PeopleSoft.

"Joining MediaValet is a phenomenal opportunity for me to bring a world-class SaaS offering to market," commented Raja Nucho, Vice President, Global Sales of MediaValet. "I can't wait to accelerate the initial success MediaValet has had with well-known brand-name customers around the globe. My top priorities for the coming months are hiring a world-class sales and business development team, building a customer first-value first collaborative sales culture, and executing a strategic sales plan that will drive at least a three-fold growth in revenue by the end of 2016."

About MediaValet, Inc.

MediaValet stands at the forefront of the emerging cloud-based digital asset management industry. With extensive experience in multimedia production, an in-depth understanding of Microsoft Azure and the Cloud, and leveraging a global network of dedicated Microsoft Azure data centres, MediaValet is uniquely equipped to meet the digital asset management needs of any organization, no matter its size, its industry or its location. Cutting edge technology, exceptional product design, and unlimited friendly customer support are at the core of MediaValet's product strategy -- ensuring exceptional customer and user experiences are delivered at all times.

"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."

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