RCS - Movella Holdings Inc - Movella Appoints Vice President of Marketing
09/05/2023 08:15
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RNS Number : 6328Y Movella Holdings Inc. 09 May 2023
Movella Appoints Dale Pistilli as Vice President of Marketing
HENDERSON, NV / ACCESSWIRE / May 8, 2023 / Movella Holdings Inc. (NASDAQ:
MVLA) ('Movella'), a leading full-stack provider of sensors, software, and
analytics that enable the digitization of movement, announced today the
appointment of Dale Pistilli as Vice President of Marketing. Dale will drive
brand strategy and the overall marketing efforts of the company.
Dale has over 25 years of senior marketing leadership experience in
high-growth tech categories including smart home, clean tech, and creative
tech. Dale has successfully developed and executed growth strategies, scaled
brand awareness, and driven cost-effective demand and lead generation programs
for both B2C and B2B businesses.
He most recently served as SVP Marketing for Glowforge, Inc., the leader of
the laser cutting and engraving category for consumers, educators, and small
business owners. Prior to Glowforge, he served as VP of Sales and Marketing at
August Home, Inc., a 100-person startup which pioneered the "smart front door"
space. He also served as EVP of Sales and Marketing at Cricut, Inc. (NASDAQ:
CRCT), a leading electronic crafting platform, where he launched the new
Explore platform and innovated a new content subscription model. Earlier in
his career, he served as VP Marketing, Branded Products at Western Digital
Corp. and Director of Product Marketing and Business Development at Logitech,
Inc.
"I am pleased to welcome Dale to our executive team," said Ben Lee, Movella
CEO, "His deep expertise in building brands and businesses targeting
influencers and creators will be critical for our next phase of growth. Dale's
success as a tech category creator is a huge asset for Movella as we continue
to expand to new use cases and audiences with our products and solutions for
the digitization of movement."
"I am thrilled to join the Movella team," said Dale Pistilli, "Now that
Movella is a public company on a bigger global stage, I am really looking
forward to working with the team to bring the Movella brand to the next level.
I am excited to scale Movella's brand awareness, build new recurring revenue
business models, and accelerate profitable growth for the company."
About Movella Holdings Inc.
Movella is a leading full-stack provider of sensors, software, and analytics
that enable the digitization of movement. Movella serves the entertainment,
health & sports, and automation & mobility markets. Our innovations
enable customers to capitalize on the value of movement by transforming data
into meaningful and actionable insights. Partnering with leading global brands
such as Electronic Arts, EPIC Games, 20(th) Century Studios, Netflix, Toyota,
Siemens and over 500 sports organizations, Movella is creating extraordinary
outcomes that move humanity forward. To learn more, please visit
www.movella.com
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Cautionary Statement Regarding Forward Looking Statements
This press release contains "forward-looking statements" within the meaning of
federal securities laws. The words "accelerate," "anticipate," "believe,"
"continue," "could," "enable," "estimate," "expect," "extend," "fuel,"
"future," "growth," "intend," "may," "might," "opportunity," "outlook,"
"plan," "position," "possible," "potential," "predict," "progress," "project,"
"realize," "see," "seem," "should," "will," "would," and similar expressions,
or the negative of such expressions, may identify forward-looking statements,
but the absence of these words does not mean that a statement is not
forward-looking. These forward-looking statements include, but are not limited
to, statements regarding the following: Movella's management team's
expectations, hopes, beliefs, intentions or strategies regarding the future
and the company's competitive position; the potential impact of the merger on
Movella and its business, including allowing Movella to continue to rapidly
scale its business and further invest in market-leading movement capture and
digitization solutions; the potential benefits and expectations related to the
terms of the FP financing, including but not limited to, the sale of
FP-purchased stock and repayment of the note; the ability of Movella's
solutions to enable real-time digitized movement in the emerging high-growth
areas of the Metaverse, next-generation gaming, live streaming and other
applications; the anticipated use of capital raised from the transaction to
further scale and grow the business; the belief that Movella's proprietary
technology, scalable business model, and experienced leadership team will
position Movella to extend its leadership position and continue to deliver
innovations that drive the industry; the anticipated or potential features,
benefits, and applications for Movella's products and technology and timing
thereof; the market opportunity for Movella's products and technology; or
other characterizations of future events or circumstances, including any
underlying assumptions. These statements are based on the current expectations
of Movella's management and are not predictions of actual performance and as
such, are provided for illustrative purposes only. These forward-looking
statements involve a number of risks, uncertainties (some of which are beyond
Movella's control) or other assumptions that may cause actual results or
performance to be materially different from those expressed or implied by
these forward-looking statements. These risks and uncertainties include, but
are not limited to, the following: (i) failure to realize the anticipated
benefits of the merger ; (ii) general economic conditions and Movella's
financial performance; (iii) changes adversely affecting the businesses in
which Movella is engaged; (iv) Movella's ability to execute on its business
strategy and plans and to manage growth; and (v) risks related to regulatory
matters, as well as the factors described under the headings "Risk Factors"
and "Cautionary Note Regarding Forward-Looking Statements" in the final
prospectus filed with the Securities and Exchange Commission (the "SEC")
pursuant to Rule 424(b)(3) by Pathfinder on January 17, 2023 and in those
documents that Movella will file with the SEC in the future. If any of these
risks materialize or the underlying assumptions prove incorrect, actual
results could differ materially from the results implied by these
forward-looking statements. There may be additional risks that Movella
presently knows or currently believes are immaterial that could also cause
actual results to differ from those contained in the forward-looking
statements. In addition, forward-looking statements reflect expectations,
plans or forecasts of future events and views as of the date of this press
release. Movella anticipates that subsequent events and developments will
cause its assessments to change. However, while Movella may elect to update
these forward-looking statements at some point in the future, Movella
specifically disclaims any obligation to do so, except to the extent required
by applicable law. These forward-looking statements should not be relied upon
as representing Movella's assessments as of any date subsequent to the date of
this press release and are not intended to serve as a guarantee, an assurance,
a prediction or a definitive statement of fact or probability. Accordingly,
undue reliance should not be placed upon the forward-looking statements.
Media
media@movella.com (mailto:media@movella.com)
Investors
investors@movella.com (mailto:investors@movella.com)
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SOURCE: Movella Holdings Inc.
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