MindArrow Names New Board Member

MindArrow Systems Inc., a developer of software and services that deliver and track multimedia communications over the Internet, today announced the appointment of Joseph Matlock, Jr. to the company’s board of directors.

Matlock comes to MindArrow with 25 years of experience in corporate and commercial banking. Prior to joining MindArrow, Matlock served as chairman, president, and CEO of Franklin Federal, a $2 billion financial institution. He also served as executive vice president of Bank of America-Texas. Matlock is currently chairman and CEO of Iliad Partners and is an active board member of several Texas-based technology investment entities.

“We are pleased to announce the addition of Joe Matlock to our board,” said Robert Webber, president and CEO of MindArrow Systems. “Joe has a solid track record in the banking and financial communities and many significant business relationships, especially in his home state of Texas. His strong financial background is clearly reflected in the dramatic growth and sound foundations he has forged for numerous companies. He understands the dynamics of high-growth companies, and his knowledge and experience will be valuable assets to MindArrow as we evolve and expand our markets.”

Based in Aliso Viejo, California, MindArrow Systems Inc. is a provider of web-based application service provider solutions that allow companies to supplement and replace printed information and direct mail with electronic multimedia messages. The company boasts a rapidly growing customer base that includes Hewlett-Packard, Lucent Technologies, Oracle, Viacom, Bank of New York, Johnson & Johnson, Publicis, Toyota, and Marriott.

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