MoPals Announces Two Key New Additions to Executive Management Team

TORONTO, Oct. 9, 2013 /CNW/ - Inc. (Stock Symbol: MOMO), an emerging social media platform focused on rewarding its members for their social media influence and brand ambassadorship, today announced James Clay as Vice President of Business Development and Katerina Lyadova as Creative Director.

"We are delighted to announce the expansion of our senior management team," said MoPals founder and CEO Alex Haditaghi. "Both James and Katerina come to MoPals with extensive experience and impressive professional track records. James' expertise in the retail and loyalty sector combined with Katerina's design and user experience will be valuable additions to MoPals as we continue to diversify and further strengthen the company."

Formerly the Manager of Business Development at Air Miles (a division of Alliance Data Systems: ADS), James Clay led a team of business development professionals in building loyalty strategy constructs, financial models and program measurement plans for prospective clients. James played an integral role in securing numerous multi-year deals with some of North America's most well-known brands such as Staples, General Motors, Old Navy, Irving Oil, and EastLink where his out-of-the-box, innovative thinking led to wins in previously untapped verticals.

Prior to joining MoPals, Katerina Lyadova was the Art Director at Visible Media Inc. where she acted as Creative Team Lead in both print and web with a strong focus on Mobile/UI and game design. Katerina's impressive portfolio boasts notable clients such as, eBay (eBay Fashion, eBay Kleinanzeigen, eBay Classifieds, Gumtree UK, eBay Annunci) and Astral Media (, DisneyXD, LEGO Friends, Disney, Duplo, Mattel).

"James' perceptive understanding of business development and keen eye for identifying growth opportunities, coupled with Katerina's impressive design experience will prove to be a powerful addition to the MoPals team as we continue to expand," said Haditaghi.

About MoPals Inc. (MOMO) is an emerging, publicly traded company with a unique, mobile-based platform that bridges the gap between social media and reward programs. An experiential and Big Data-driven platform, MoPals rewards its members for both social and transactional behaviors. MoPals uses an exclusive digital currency, MoMiles™, to foster an exciting community where consumers are rewarded for making purchases at participating businesses, as well as engaging in a wide range of social media activities that enhance brand value. For more information, visit the company website at

Forward Looking Statements

This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements relate to future events, including our ability to raise capital, or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.For a discussion of these risks and uncertainties, please see our filings with the Securities and Exchange Commission. Our public filings with the SEC are available from commercial document retrieval services and at the website maintained by the SEC at


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