PRESS RELEASE: “Growth Expert Edwin Miller Joins Spotlight Board of Directors”
CALABASAS, Calif. (EON: Enhanced Online News) August 8, 2011 – Spotlight (www.SpotlightTMS.com) – the first SaaS provider to automate and centralize all aspects of ticket management to help corporations efficiently manage their sports and entertainment tickets, suites and hospitality assets – today announced the addition of Edwin Miller to the company’s board of directors.
An accomplished growth and turn-around expert in the IT sector, Miller is CEO at 9Lenses, a media and software company that provides a social approach to assessing and optimizing businesses.
“We’re delighted to welcome Edwin Miller to Spotlight’s board,” said Tony Knopp, Spotlight president and co-founder. “His successful background as a software CEO, combined with his remarkable energy and ideas, will bring invaluable insight to our board.”
“I’m impressed with the vision of Spotlight’s management team, who are all former StubHub executives,” Miller said. “They’ve identified a huge market opportunity and have created the most advanced corporate ticket management software on the market today. Corporate ticket management represents a potential billion-dollar market and Spotlight is well positioned to expand its leadership position in the space. In time, every corporation will be tracking the upside and downside of their ticket and suite assets with Spotlight’s platform.”
In its four-year history, the company has established itself as an industry leader within the event ticket management space. The company’s signature product, Spotlight Ticket Management Solution, enables businesses to eliminate ticket fraud, reduce wasted tickets, analyze return on investment, and comply with complicated tax reporting of sports and entertainment expenses.
Spotlight’s customer roster includes a growing list of forward-thinking companies that embrace SpotlightTMS, including Motorola, Comcast, Google, MetLife, Nike, Oracle, Time Warner Cable Media Sales, NBC Universal, BlueCross BlueShield of Kansas City, Stanley Black & Decker, and Principal Financial Group. Spotlight’s team partners include the San Antonio Spurs, Cleveland Cavaliers, Indianapolis Colts, Miami Heat, Detroit Red Wings and Chicago Bears.
Miller’s appointment underscores both Spotlight’s potential and its ambition. The company recently closed an initial $2.5 million round of funding, led by Point Judith Capital. Jim Pallotta, co-owner of the Boston Celtics, and Brian Bedol, founder of sports television channels Classic Sports Network and CSTV (now ESPN Classic and CBS College Sports, respectively), also participated in the Series A funding.
Miller joins a group of Spotlight board members that includes board chairman Knopp, along with fellow Spotlight co-founder Joe Greiner, CEO. Rounding out the board are David Matriano and Sean Marsh, co-founders and general partners of Point Judith Capital. Along with Knopp and Greiner, Spotlight was co-founded by Aric Haut, COO.
“Edwin joins our board at a time of exciting new opportunities for Spotlight,” Greiner said. “We’re focused on expansion, and based on current growth trends, we expect to double our run-rate within the next twelve months.”
Spotlight (www.SpotlightTMS.com) is the first Software as a Service (“SaaS”) provider to automate all aspects of sports and entertainment tickets, suites, and hospitality assets, including tickets from such providers as StubHub, among others. Its Spotlight Ticket Management Solution generates data to determine ROI from sponsorship assets, season tickets, luxury suites, hospitality, and events. Focusing solely on its clients’ and partners’ bottom line in sports and entertainment, with no per ticket fees, Spotlight is the industry’s only firm without a conflict of interest.
Edge Communications, Inc.
Ken Greenberg, 818-990-5001