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Lithium Adds Klout Founder Joe Fernandez to Board of Directors

SAN FRANCISCO – April 16, 2015 – Lithium Technologies has added Klout founder and former CEO Joe Fernandez to the company’s board of directors. Fernandez’s responsibilities for Klout have been distributed functionally throughout Lithium, Klout technology is now integrated throughout the Lithium roadmap, and Lithium has combined the two companies’ brands representing both areas of emphasis. Fernandez is replacing Chi-Hua Chien on the board, who joined in connection with the Lithium acquisition of Klout in March 2014.

“Joe has made our acquisition of Klout a big success and I’m grateful for his vision and contributions to the entire Lithium roadmap and platform,” said Rob Tarkoff, President and CEO of Lithium. “Joe will continue to play a vital role guiding us on consumer apps and technology. I know his passion is as an entrepreneur—I’m glad we get to benefit from his entrepreneurial spirit and insights on our board at the same time I wish him huge success in his next endeavors.”

“I am very proud of what I contributed to Klout and Lithium,” added Fernandez. “Lithium is announcing some important Klout innovations over the next couple of months. I am happy I could shape the product’s direction and make an impact on Lithium’s vision as a Total Community provider. Klout will always be a passion of mine—and I know the product and its users are in great hands with Lithium.”

About Klout:
Klout offered the first online influence measurement system for individuals to gauge and track their impact on social channels. Today, more than 600 million individuals and brands are scored in the Klout system, which evaluates more than 400 signals from eight different networks, including Facebook, Twitter and Google+ as well as real world data from Wikipedia. Each day, more than 15 billion pieces of data are processed to update Klout Scores. Klout remains the undisputed leader in online influence measurement. Klout was acquired by Lithium in March 2014.

About Lithium:
Lithium builds trusted relationships between the world’s best brands and their customers, helping people get answers and share their experiences. Customers in more than 34 countries rely on Lithium to help them connect, engage, and understand their total community. With more than 100 million unique monthly visitors over all Lithium communities and another 600 million online profiles scored by Klout, Lithium has one of the largest digital footprints in the world. Using that data and the company’s software, Lithium customers boost sales, reduce service costs, spark innovation, and build long-term brand loyalty and advocacy. To find out how Lithium can transform your business—and to share the experience enjoyed by 300 other leading brands around the world, visit www.lithium.com, join our community at community.lithium.com, or follow us on Twitter @LithiumTech. Lithium is a privately held company headquartered in San Francisco.

The Lithium® logo is a registered Service Mark of Lithium Technologies. All trademarks and product names are the property of their respective owners.

Lithium Media Contacts
Eddie McGraw, Corporate Headquarters & Global
eddie.mcgraw@lithium.com
+1 (650) 430-1978
Katrina Estrella, Corporate Headquarters & Global