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MocoSpace Adds Digital Gaming and Entertainment Pioneer Mark Jung to Board of Directors

MocoSpace, the largest entertainment destination on the mobile Internet, today announces the appointment of digital gaming and entertainment pioneer Mark Jung to its Board of Directors.

Boston, MA – November 18, 2010 – MocoSpace, the largest entertainment destination on the mobile Internet, today announces the appointment of digital gaming and entertainment pioneer Mark Jung to its Board of Directors. Jung currently also serves as Chairman of the Board of Songbird and Playhaven, and is a member of the Board of Directors of Vitacost.Jung also served on the board of 3PAR until its recent acquisition by Hewlett-Packard for $2.4 billion.

“It's a great honor to have a person of Mark's experience and expertise join our board” said MocoSpace CEO and co-founder Justin Siegel. “His successes as an entrepreneur, investor, and board member speak for themselves. I look forward to working closely with Mark and the rest of the board to further MocoSpace's growth.”

Mark Jung has spent the last 20 years as a successful Internet CEO and entrepreneur. Most recently, Jung served as CEO at Vudu, a leading provider of digital home entertainment and interactive television services that was acquired by Walmart earlier this year. Prior to that, he was the Chief Operating Officer of Fox Interactive Media where he was responsible for the day-to-day operations of all of its properties including MySpace, IGN Entertainment, FoxSports.com, Scout Media, and AmericanIdol.com. Before Fox Interactive Media, Mark was co-founder and CEO of IGN Entertainment, a leading Internet media and services company for video games and other forms of digital entertainment, that was acquired by NewsCorp for $650 million in 2005. Mark was previously co-founder and CEO of Worldtalk Corporation, an Internet security company that he took public in 1996.

Jung is also a member of the Management Board of the Stanford Graduate School of Business and the Leadership Council of the Princeton University School of Engineering and Applied Science. Mark holds an MBA from Stanford Business School and a B.S. in Electrical Engineering from Princeton University.

“MocoSpace is incredibly well-positioned in the market today, serving a multicultural audience at the intersection of mobile, social, and entertainment,” said Jung. “The company is experiencing tremendous growth, has achieved profitability, and is poised to capitalize on strong trends in mobile browser-based gaming.”

In addition to Jung, MocoSpace’s board of directors consists of company co-founders Justin Siegel and Jamie Hall, John Simon and Brad Hoover of General Catalyst Partners, and Ron Fisher of Softbank Capital.

About Mocospace

Founded in 2005, MocoSpace is a mobile social community designed to help people find friends, have fun and stay connected on their mobile phone. The service is free and available on any web-enabled mobile phone in the world. MocoSpace is a privately held company with offices in Boston, MA and Herzliya, Israel. For more information, visit http://www.mocospace.com.

Follow MocoSpace on Twitter: http://www.twitter.com/mocospace

Press contact at MocoSpace:
Casey Jones, VP of Marketing and Music
Office: 617.542.1614
casey@corp.mocospace.com


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