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Former Liberty Media Portfolio Company Exec, Stephen Stuut, Joins LocationSmart Board

Carlsbad, CA, March, 3, 2015 – LocationSmart®, the leading provider of cloud-based location and interactivity services, is pleased to announce the appointment of mobile location industry veteran, Stephen Stuut, to its Board as Independent Director.

For the past 8 years, Mr. Stuut was the CEO of TruePosition, a Liberty Media portfolio company, and facilitated its successful spin-off within Liberty Broadband Corporation. Prior to joining TruePosition, he was the CEO of Broadband Innovations, which provided radio frequency products to facilitate high quality delivery of digital interactive cable television services. During his tenure, he raised over $30M in equity from venture capital firms and strategic investors and ultimately sold the company to Motorola.

Mr. Stuut’s prior experience included being COO at Comstream, a satellite ground equipment provider; Sprint, where he led corporate and divisional strategy development; and McKinsey, where he managed the Americas Telecommunications Practice.

"We are excited to have Steve as an instrumental member of our Board," says Mario Proietti, Founder and CEO of LocationSmart. "His industry leadership and accomplishments will be valuable assets in his service and guidance on the Board."

About LocationSmart
LocationSmart is the worldwide Cloud Location Services market leader for connected devices. We provide the easiest and most comprehensive cross-carrier platform for local, hyper-local and context-aware application development. Our core location services span indoor and outdoor use across devices, platforms and carrier networks. Serving Fortune 500 customers and innovative start-ups alike, LocationSmart is changing the ways companies do business. We deliver the broadest reach and largest global footprint, with an extensive portfolio of privacy consent methods for easy end user adoption.