CST: 27/05/2016 19:05:23   

Stingray Appoints Alejandra Olea as General Manager to Spearhead Growth Strategy in Latin America

92 Days ago

MONTREAL, QUEBEC--(Marketwired - Feb 25, 2016) -

Editors Note: There is a photo associated with this Press Release.

Stingray Digital Group Inc., (TSX:RAY.A) (TSX:RAY.B), a leading business-to-business multi-platform music and in-store media solutions provider, today announced the appointment of Alejandra Olea as General Manager, Latin America, effective immediately. Mrs. Olea brings close to 15 years of business development, sales, and content distribution experience in the television industry. In her position, she will spearhead Stingray's next phase of growth in Latin America and help bring out the company's full potential in the market. She will be based in the company's Miami office.

"We are thrilled to welcome Alejandra as part of Stingray's management team," said Eric Boyko, President, Co-founder and CEO of Stingray. "Her energy and impeccable reputation within the industry are strong foundations on which to build our Latin American business development plan, which includes continued expansion and a foray into local content production."

"I could not be happier to join Stingray and look forward to working with the management and sales teams to expand and deepen the company's reach in Latin America," said Alejandra Olea, General Manager, Latin America of Stingray. "Having the opportunity to bring Stingray's impressive range of products, robust music catalogue, and innovative technologies to a region that is notorious for its musical affluence and interest is something that I plan to achieve with great success and enormous enthusiasm."

Mrs. Olea has worked in nearly every major capital city in the Latin American region and maintains relationships with leading distributors, programmers, brands, and media organizations worldwide. Most recently, Mrs. Olea held the position of vice-president integrated sales - content, channels, format and co-production at BBC Worldwide. She began her career in television with content distributor Tepuy (now Telemundo Internacional). She has also held positions at Sony Pictures Entertainment Television and DIRECTV Latin America. Mrs. Olea is a graduate of Georgetown University's School of Foreign Service.

Stingray is also pleased to announce that its former General Manager for Latin America, Gustavo Tonelli, will remain within the Stingray family, where he will develop and produce exclusive content for various initiatives in Latin American markets.

About Stingray

Stingray (TSX:RAY.A) (TSX:RAY.B) is a leading business-to-business multi-platform music and in-store media solutions provider operating on a global scale, reaching an estimated 400 million Pay-TV subscribers (or households) in 152 countries. Geared towards individuals and businesses alike, Stingray's products include the following leading digital music and video services: Stingray Music, Stingray Concerts, Stingray Brava, Stingray Djazz, Stingray Music Videos, Stingray Lite TV, Stingray Ambiance and Stingray Karaoke. Stingray also offers various business solutions, including music and digital display-based solutions through its Stingray Business division. Stingray is headquartered in Montreal and currently has 300 employees across the world, including in the United States, the United Kingdom, the Netherlands, Switzerland, France, Israel, Australia and South Korea. Stingray was recognized in 2013 and 2014 as a finalist in the Top 50 of Deloitte's Technology Fast 50™ list, and figures amongst PROFIT magazine's fastest-growing Canadian companies. For more information, please visit www.stingray.com.

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Mathieu Peloquin
Senior Vice President, Marketing and Communications
Stingray
514-664-1244, ext. 2362
mpeloquin@stingray.com