NEW YORK, Sept. 25, 2018 /PRNewswire/ -- Ideanomics (formerly: Seven Stars Cloud Group, Inc.) (NASDAQ:SSC) ("Ideanomics" or the "Company"), a leading global fintech and asset digitization services company focused on digital asset production and distribution, is please to announce the promotion of Robert G. Benya, to Executive Vice Chairman, (formally Ideanomics President & Chief Revenue Officer) and Alfred P. Poor, as Chief Operating Officer.
"Robert and Alfred are exceptional executives with extensive start-up experience, product innovation achievements, and have successfully built very large and expansive new businesses. Under their leadership, the Ideanomics' team is growing rapidly and these appointments puts us in the perfect position to be the global leader in asset digitization, securitization and tokenization." Said Mr. Bruno Wu, Chairman and Co-CEO of Ideonomics.
In a very short period of time, Mr. Wu and Mr. Benya have built and executed the initial phase of Ideanomics' strategic plan via a broad range of fintech merger and acquisitions, attracting world-class leadership talent, substantially growing Ideanomics' revenue and market cap, and building key infrastructures including the company's U.S. global headquarters in NYC's financial district and the Ideanomics' "Fintech Village", in West Hartford, CT on the former UCONN campus, to drive R&D and innovation.
Executive Vice Chairman, Robert G. Benya, said "We're very proud of our short-term progress and success as we continue building a leading global fintech company that drives shareholder value. My focus going forward is to help the organization attract, retain and develop the talent required to fuel this high-growth trajectory we are on, and to ensure we are positioned to take full advantage of the revenue opportunities we have before us. It's an exciting time for the company".
Since his appointment as Chief Revenue Officer for Ideanomics in 2017, Mr. Benya has been instrumental in securing strategic, long-range technology licensing agreements, that are inline with the Ideanomics' 4+2+1 strategy to drive growth across its core product areas which are 1) Fixed Income-based Financial Digital Assets, 2) Consumer Tech Digital Assets, 3) Commodity and Energy Digital Assets, and 4) TradeTech Digital Assets.
Further, Ideanomics is pleased to announce that Mr. Alfred Poor will become our Chief Operating Officer and will lead Global Operations. Mr. Poor brings rich experience from a 20-year career in start-ups, guiding them through periods of ultra-high growth through to acquisition or merger. As well as a strong background in operations, he brings hands-on experience in helping start-ups gain industry compliance and certifications in some of the world's most highly-regulated areas, including Healthcare, Financial Services, and Government. Some of his notable achievements include key executive roles with a real-time AI-based information search and discovery engine acquired by AOL, and a web services company which achieved 6,091% revenue growth over a 3-year period and earned a place on the Deloitte Fast 50 and Deloitte Fast 500 listings. He has recently been focused on key operational areas, including the acquisition of the former UConn campus in West Hartford, Connecticut, and will assume oversight as divisional President of the "fintech village" as that project develops.
"Ideanomics is changing the fintech landscape. The remarkable efforts of our Chairman and Co-CEO, Bruno Wu, our newly-promoted Executive Vice Chairman, Robert Benya, and the outstanding and talented team they have brought together, has seen the company go from a standing start to a Blockchain and AI-powered fintech powerhouse in under a year. Their vision and tenacity have driven the company forward quickly and dynamically, delivering world-class partnerships, strategic acquisitions, and deal flow at a size and scale more mature companies would struggle to achieve in that timeframe. I am incredibly honored to be part of the Executive team for the next phase of the company's growth". Said Mr. Alfred Poor, Chief Operating Officer at Ideanomics.
Ideanomics (formally Seven Stars Cloud Group, Inc.), (SSC) (http://www.ideanomics.com/)
Ideanomics is continuing to become one of the most prominent global digital asset providers. Relying on its core base of fintech and digital asset production and services-based ecosystem enablement, Ideanomics is committed to delivering the best digital assets via the best underlying technology. This approach will drive capital formation and sales across our digital asset ecosystems.
Ideanomics customizes its technology platform for various business use cases, operates the Platform-as-a-Service (PaaS), and partners with businesses that deliver core digital asset products.
We are focused on delivering a global multi-layer technology infrastructure ecosystem that issues, trades, and settles digital asset transactions. We will leverage direct sales channels and automated sales systems via digital asset exchange platforms which is inclusive of decentralized exchanges to realize digital asset distribution, social media, traditional regulated broker dealer network as well as institutions as direct clients.
Ideanomics continues to drive growth and deal flow in its core product areas:
1) Fixed Income-based Digital Assets [Chinese National Electric Bus Financing Agreement, First Auto Loan Financing Agreement, IHT- Real Estate JV]
2) Consumer Tech Digital Asset [Grapevine acquisition]
3) Commodity and Energy Digital Assets [BBD Digital Capital Group]
4) TradeTech Digital Assets [Asia-Pacific Model Electronic Port Network (APMEN) JV]
Safe Harbor Statement
This press release contains certain statements that may include "forward looking statements". All statements other than statements of historical fact included herein are "forward-looking statements." These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.
Federico Tovar, CFO at Ideanomics
Tony Sklar, VP of Communications at Ideanomics
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