$TAPM News - Tapinator Adds to Executive Team and Announces M&A Initiative

NEW YORK, - (http://www.financialnewsmedia.com News Alert) - Tapinator, Inc. (OTC: TAPM), a developer and publisher of mobile games on the iOS, Google Play, and Amazon platforms, today announced that Andrew Merkatz has joined the Company as President & CFO.



Mr. Merkatz, a finance executive with 20 years of experience as both an investor and operator in high growth media and technology companies will, among other things, lead Tapinator\'s corporate development and acquisition strategy. Mr. Merkatz spent the past seven years focused on technology investments as a Managing Director at Vision Capital, an investment firm which, at its peak, managed in excess of $700mm across a variety of funds. In 2007, Mr. Merkatz co-founded Familybuilder, along with Tapinator\'s CEO Ilya Nikolayev. Familybuilder developed and operated Family Tree, the largest family app on Facebook with 45 million users, prior to the successful sale of the Company in 2011. In 2013, Mr. Merkatz and Mr. Nikolayev co-founded InAppFuel, a developer of a patent-pending casino minigame software for mobile game developers that was acquired by Tapinator in September 2014. Mr. Merkatz, whose complete bio can be found at www.tapinator.com/aboutus, holds an M.B.A. from Harvard Business School and a B.A. in Economics, with distinction, from the University of Pennsylvania.



Commenting on his appointment, Mr. Merkatz said \"I am excited to join Ilya and the rest of the talented team at Tapinator. The Company\'s accomplishments to date are extremely impressive and I look forward to helping accelerate the Company\'s growth, both organically and through highly targeted acquisitions. Given the Company\'s recently announced $2.0 million growth financing, the Company is well positioned to selectively acquire high quality assets from independent and venture backed game developers that may not otherwise have a clear path to realize the full potential of their creative efforts.\"



Commenting on the hire, Ilya Nikolayev, Chairman and CEO, added, \"Andy and I have known and worked together in different capacities for almost a decade and, given our complementary skillsets and comfort level, I am thrilled that he shares my enthusiasm for the future of the Company, and we are fortunate that he has agreed to join the executive team at Tapinator.\"