Velocity Comp Regulatory News (VEL)

VELTI ADDS KEY STRATEGIC ROLES

Sally Rau Joins as Chief Administrative Officer and General Counsel; Ian Arthurs Named VP, Customer Development

San Francisco, Calif. - Velti (LSE:VEL), a leading global provider of mobile marketing and advertising technology, today announced two key additions to its management team: Sally Rau joins as Chief Administrative Officer and General Counsel, and Ian Arthurs as VP, Customer Development.

Sally Rau joins Velti from DLA Piper, one of the world's leading legal services providers with 3,500 lawyers located in 30 countries and 69 offices throughout Asia, Europe, the Middle East and the U.S. She brings over twenty-five years of experience as a corporate and securities lawyer. As a partner at DLA, Sally focused on public company representation, corporate governance, capital markets and mergers and acquisitions-and also served as lead outside counsel for Velti. During her tenure at DLA, Sally represented a number of high technology and emerging growth companies in public and private offerings, mergers and acquisitions transactions, and general corporate governance and securities laws matters.

Prior to DLA Piper, Sally served as General Counsel at Cronos Containers Ltd., based in London. As Chief Administrative Officer and General Counsel at Velti, she will focus on the company's day to day administration, corporate governance, legal and global compliance matters. Sally holds a J.D. from the University of Oregon and an A.B. from the University of California, Berkeley.

Ian Arthurs joins Velti after three years at Google, where he led sales and account management for Travel and Retail verticals. Ian's global teams delivered and optimized innovative online marketing strategies for high growth clients, and in doing so helped define Google's US AdWords service model. Ian has over ten years of marketing experience in top-tier consumer brand management and strategy consulting. As VP of Customer Development at Velti, Ian will lead vertical proposition development, U.S. account management, and U.S. ad operations. He has an MBA from Tuck School of Business, Dartmouth College, and an M.A. from University of Glasgow.

Alex Moukas, Velti's CEO, said, "We're excited to have Sally and Ian join our management team. With the addition of these talented leaders, we continue to build aggressively upon our global foundation and reputation, taking Velti to the next level."

Velti employs over 500 people worldwide, with 120 of these in sales and marketing. The company also employs more than 240 software engineers and developers to build its Velti mGage™ mobile marketing and advertising platform, on which more than 2,000 campaigns were delivered in 2009.

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About Velti

Velti is a leading global provider of mobile marketing and advertising technology and solutions that enable brands, advertising agencies, mobile operators and media to implement highly targeted, interactive and measurable campaigns by communicating with and engaging consumers via their mobile devices. Our technology platform, called Velti mGage™, allows customers to use mobile and traditional media to reach targeted consumers, engage the consumer through the mobile internet and applications, convert them into customers and continue to actively manage the relationship through the mobile channel. More than 450 leading brands, advertising agencies, mobile operators and media companies have used our platform to execute more than 2,000 mobile marketing and advertising campaigns globally in 2009, reaching consumers in more than 35 countries. Velti is a publicly-held corporation listed on London Stock Exchange's AIM under the symbol VEL. For more information, visit www.velti.com.

PR Contacts

Velti Barbara Cassidy +1 415 315 3440

bcassidy@velti.com