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I am watching $ATHI. ATHI Hires New CEO, a Seasoned Game Developer

Nov 06, 2014
OTC Disclosure & News Service

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SALT LAKE CITY, Nov. 6, 2014 (GLOBE NEWSWIRE) -- ATHI (OTC:ATHI) announced that its new CEO is Mr. Ian Stewart, founder of Gremlin Interactive, which sold to Atari, and founder of ZOO Digital Group, PLC. Mr. Stewart will lead ATHI into the highly profitable digital gaming and peer-to-peer betting market. Mr. Stewart has significant experience in the digital game industry and has been a growth catalyst for a number of small companies in this market.

Mr. Stewart founded ZOO Media Corp in 1999, which then became ZOO Digital Group Plc., and secured a listing on London's Aim Market in 2000. He served as CEO until 2006 and as a Director until 2010. ZOO is a software services company with major clients such as Disney, Warner Bros, Apple.

Mr. Stewart expressed his excitement and enthusiasm about his new CEO position and the venture ahead. We are entering a highly profitable, highly fragmented market that needs industry leaders with real business experience and the know-how to capture market shares quickly and efficiently. In this market being small and efficient is key to capturing market shares and developing those relationships that are essential to our business.

According to Digi-Capital's 2013 market research report, the games development market is seen as one of the most stable markets with a steady growth rate of about 12.2 % CAGR and the market itself is seen as the third biggest world-market. Digi-Capital believes that based on its market research market will reach $83 billion by 2016.

ATHI is a diversified, worldwide gaming company who will become a fully-reporting NASDAQ company in 2015. ATHI innovates, designs, manufactures, operates, and distributes advanced technology-based gaming, as well as interactive and mobile solutions. The Company offers game channels for consumers to embrace their growing appetite for head to head casual games and the technology to place bets safely through PayPal. Please go to www.ath-inc.com to learn more about the ATHI.