Industry News 8/19/2009

B$Z: Socialwise, Inc. Adds Action Sports Industry Veteran to Drive BillMyParents

Socialwise, Inc. Adds Action Sports Industry Veteran to Drive BillMyParents into the Multi-Billion Dollar Teen Action Sports Market

Mark Miller, Action Sports Industry Veteran and Recent SVP of DC Shoes, Joins Socialwise, Inc. Board of Advisors to Provide Strategic Direction and Drive Opportunities for BillMyParents in the Action Sports Industry

Socialwise, Inc. (OTCBB: SCLW) today announced the appointment of Mark Miller, former Senior Vice President of DC Shoes and action sports industry veteran to the company’s Board of Advisors. In this role, he will use his extensive network of online merchants, Actions Sports athletes, and industry connections to position BillMyParents as a leading youth payment system. He will be in charge of securing partnerships with leading online action sports brands and retailers as well as building our user base of young consumers and their parents.
“We are excited about being able to leverage Mark’s extensive experience and connections in the action sports world,” noted Jim Collas, CEO of Socialwise. “His ties to top merchants and athletes will be invaluable to our effort to fuel our momentum in this area.”

“During my years selling youth oriented products online, a persistent impediment to faster growth was young people’s lack of a viable payment method for purchases,” commented Mark Miller. “I was instantly impressed by the potential of BillMyParents to overcome this constraint and actually increase parents’ ability to monitor and control young people’s purchases online.”

Mark Miller has over twenty-five years experience working in Action Sports and youth culture businesses. As a senior executive, Mark focused on developing and executing go-to-market strategies for consumer goods companies. Most recently, he served as the Senior Vice President and General Manager of DC Shoes, a subsidiary of Quiksilver Inc., where he managed the Americas’ division including strategic partnerships with both retail and online distribution channels. Prior to that, Miller founded and operated a consulting firm under his own name that managed global marketing campaigns and strategic partnerships for a portfolio of clients focused in the youth market and the Action Sports industry. Mark has also held executive roles with K2 Inc., and Yoshida Recreation Products LLC.