We here at Atrinsic start tinkering around, and the next thing you know we've charted brand new digital territory, partnered with another innovative business, hit a home run with a major advertiser. Then out goes the press release and in come the media calls. For us, it's an exciting ride, and we hope to share a bit of that with you here in our press room.

New York (February 01, 2010) - Atrinsic, Inc., (NASDAQ: ATRN), a leading Internet marketing company, announced
today that Jeffrey Schwartz has been appointed to the position of Chief
Executive Officer. Mr. Schwartz, who has been on the Atrinsic Board of
Directors since 2008 and has acted as Interim CEO since October 2009,
will remain on the Company’s Board of Directors.
Jeffrey Schwartz brings many years of digital media and public company
experience to Atrinsic. He was formerly president and CEO of Autoweb and
Autobytel, both Nasdaq listed companies, and is widely recognized as an
innovator in digital media and performance marketing. Mr. Schwartz
formerly held various executive positions at The Walt Disney Company.
Mr. Schwartz also serves on the Board of Directors of U.S. Auto Parts
Network. He holds a bachelors, masters, and doctorate from the
University of Southern California.
Jerome Chazen, Chairman of the Board of Atrinsic, noted, “We are
fortunate to have somebody of Jeffrey’s leadership and experience at
Atrinsic. During his time as Interim CEO, he has already begun to focus
the company and lay the groundwork for growth and profitability.”
Jeffrey Schwartz noted, “Atrinsic has many important assets, including
its human capital, and I look forward to working with all the
stakeholders to return the Company to growth and profitability. Having
spent the last few months at Atrinsic, I am confident that the Company
can achieve measurable near-term results. I am also confident that our
position in key market sectors, including performance marketing, mobile
and music, positions the Company for the future.”
About Atrinsic
Atrinsic, Inc. is a leading Internet marketing company. Atrinsic is
organized as a single segment with two principal offerings: (1)
transactional services - offering full service online marketing and
distribution services which are targeted and measurable online campaigns
and programs for marketing partners, corporate advertisers, or their
agencies, generating qualified customer leads, online responses and
activities, or increased brand recognition; and (2) subscription
services - offering our portfolio of subscription based content
applications direct to consumers working with wireless carriers and
other distributors. Atrinsic brings together the power of the Internet,
the latest in mobile technology, and traditional marketing/advertising
methodologies, creating a fully integrated multi platform vehicle for
the advanced generation of qualified leads monetized by the sale and
distribution of subscription content, brand-based distribution and
pay-for-performance advertising.
This press release contains forward-looking statements. Forward-looking
statements involve known and unknown risks and uncertainties, which may
cause the Company’s actual results in future periods to differ
materially from forecasted results. A number of factors, including those
described in the Company’s filings with the U.S. Securities and Exchange
Commission (SEC), could adversely affect the Company. Copies of the
Company’s filings with the SEC are available from the SEC, may be found
on the Company’s website or may be obtained upon request from the
Company. The Company does not undertake any obligation to update the
information contained herein, which speaks only as of this date.