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Motricity's Nathan Gooden Receives 2006 ''40 Under 40'' Leadership Award; Gooden is Fourth Motricity Executive to be Named to Triangle Business Journal's Annual List.


DURHAM, N.C. -- Motricity executive Nathan Gooden, senior vice president of Corporate Development, received Triangle Business Journal's annual 40 Under 40 Leadership Award Friday night at a ceremony honoring award recipients at the North Ridge Country Club in Raleigh, N.C. The 40 Under 40 awards recognize the Triangle's most influential and highly accomplished young business leaders.

Gooden is the fourth Motricity executive to receive the 40 Under 40 award in recent years. Past recipients include Motricity Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  Ryan Wuerch, Chief Technology Officer Jud Bowman and Technology Research Architect Taylor Brockman. Motricity is a global leader in mobile marketplace management, servicing more than 120 million mobile subscribers with its Fuel 5 managed services An umbrella term for third-party monitoring and maintaining of computers, networks and software. The actual equipment may be inhouse or at the third-party's facilities, but the "managed" implies an ongoing effort; for example, making sure the equipment is running at a certain quality  platform through global partners such as BET, Cingular Wireless, Verizon Wireless Cellco Partnership, doing business as Verizon Wireless, owns and operates the second largest wireless telecommunications network in the United States, based on total wireless customers. , O2, Amazon.com and Palm.

"For Gooden to receive Motricity's fourth 40 Under 40 award is an excellent validation of our rapid and successful growth, as well as Motricity's position as a leader in the emerging wireless market," said Ryan Wuerch, chairman and chief executive officer for Motricity. "One of Motricity's key objectives has been to recruit and retain the industry's top talent, and this award clearly demonstrates that we have done just that."

Gooden is responsible for Motricity's corporate strategic development, including mergers, acquisitions and key partnership growth. Gooden was recognized for his role in securing more than $30 million in venture capital for Motricity from one of the nation's premier venture capitalist Venture Capitalist

An investor who provides capital to either start-up ventures or support small companies who wish to expand but do not have access to public funding.

Notes:
Venture capitalists usually expect higher returns for the additional risks taken.
 firms, Technology Crossover Ventures (TCV TCV Total Contract Value
TCV Tokyo City View
TCV Treasury Corporation of Victoria (Australia)
TCV Temperature Control Valve (Industrial control description)
TCV Total Containment Vessel
), as well as his involvement in closing one of Motricity's most integral and lucrative business deals - the acquisition of leading mobile community provider M7 Networks in August 2005.

"It is an honor to be recognized for my business accomplishments by such a well-respected publication, particularly as the fourth Motricity executive to receive the 40 Under 40 award," said Gooden. "I believe this speaks well to Motricity's continued success in the Triangle and in the industry as a whole."

About Motricity, Inc.

As a global leader in Mobile Marketplace Management, Motricity provides technology and solutions that enable consumers to receive the right mobile content at the right time, every time. Motricity's Fuel mobile content delivery platform received the 2006 GSM Association (GSM Association, Dublin, Ireland, www.gsmworld.com) A membership association founded in 1987 that promotes the development and evolution of the GSM communications standard worldwide.  Award for "Best Service Delivery Platform" and was also named "2005 Premium Mobile Content Platform of the Year" by Frost & Sullivan. Motricity is a leader in powering mobile communities and by offering such technologies and services that unify the mobile content ecosystem, Motricity creates compelling user experiences and delivers profitable mobile content offerings for partners such as BET, Cingular, Verizon Wireless, China Unicom China Unicom, full name China United Telecommunications Corporation, 中国联通, HKSE: 0762 NYSE: CHU, is a telecommunication operator in the People's Republic of China. 52. , O2, Amazon.com, Palm and a network of consumer Web sites, including eReader.com, PalmGear.com and PocketGear.com. Motricity is headquartered in Research Triangle Park Research Triangle Park, research, business, medical, and educational complex situated in central North Carolina. It has an area of 6,900 acres (2,795 hectares) and is 8 × 2 mi (13 × 3 km) in size. Named for the triangle formed by Duke Univ. , N.C., and has offices in Beijing, London, Munich and San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. . For more information, visit www.motricity.com.
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Publication:Business Wire
Article Type:Directory
Date:Apr 24, 2006
Words:473
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