OnMobile announces resignation of Mouli Raman

Bangalore, 07 May 2014: OnMobile Global Limited, one of the leading global players in Mobile Value Added Services industry, today announced the resignation of its MD & CEO, Mouli Raman.

When Mouli Raman took over as CEO of the company, the key challenges were to provide stability, continuity and focus to the company that he had co-founded. During his tenure, OnMobile made good progress in expanding its global footprint - the Ringback Tone business wins in Africa, Asia and Latin America being noteworthy. He also led the Company in laying the groundwork for the next stage of growth with increased focus on people, process and technology. Mouli has decided to resign after achieving what he set out to do.

Mouli Raman, MD & CEO, OnMobile Global Ltd., said, “It has been an extremely fulfilling journey as CEO and I look forward to OnMobile scaling newer heights”.

The Chairman of OnMobile Global, H.H.Haight said, “Mouli is an institution by himself at OnMobile and we truly appreciate his contributions and steadfastness. Our sincere thanks to him for all these years of outstanding contributions”

The Company will make an announcement on the new CEO in due course. Mouli Raman will continue as CEO till the new person is on board to facilitate a smooth transition.

About OnMobile

OnMobile [NSE India: ONMOBILE], headquartered in Bangalore, India, and with offices in all regions of the world, delivers millions of music plays daily to mobile customers worldwide. Based on current deployments, OnMobile has the potential to reach more than 1.1 billion mobile users across several geographies. For further information, please visit www.onmobile.com

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