Bonded Services Announces New CEO

Bonded Services Announces New CEO

- Leadership restructure integrates acquisitions and streamlines services

BURBANK, California, July 15, 2013 /PRNewswire/ -- Bonded Services, a global leader in high-value physical media storage and logistics for more than 80 years, announces an executive level reorganization that signifies the successful integration of the company's recent acquisitions. The reorganization, coupled with the company's new digital offerings and traditional physical storage will transform the company, creating a complete end-to-end asset management solution that meets its current and future needs.

Barry Payne has accepted the position of CEO at Bonded, replacing Jerry Gold, who departed to pursue opportunities outside of the industry. Payne is a seasoned records storage and services industry expert with a successful background in operations. Most recently, Payne served as CEO of 3GS, LLC, a privately held company providing information storage and destruction services in 17 markets throughout the United States. Prior to that, Payne had a long tenure as a senior executive at Iron Mountain. Payne's expertise will help the company further improve responsiveness, operational focus and customer service.

"I'm thrilled to join a world-class organization such as Bonded and I thank Jerry for his dedicated service in positioning the company for success," said Barry Payne, Bonded CEO. "Our new management structure will help drive performance to new levels for our customers across the entire operation. This realignment will allow us to better leverage and align the strengths and diversity of our entire company. The goal is simple. We will ensure our customers will continue to receive the reliable and dependable services they are expecting and entitled to."

Erik Pence and John Reeves, who both joined Bonded in 2012 through the acquisitions of their respective businesses, are now serving as Territorial Presidents. Pence, the founder and former President of Inception Digital Services, is now overseeing the company's North America markets and world wide digital strategy. Barry Nulman has been appointed Senior Vice President of Bonded Digital, tasked with leading the global digital effort under Pence. John Reeves, founder and former CEO of Global Logistics in the United Kingdom, is overseeing our markets across Europe and Asia and is working closely with Pence and Nulman to expand Bonded's digital offerings in these territories. Gold will maintain a relationship with the Company in a consulting capacity going forward.

Bonded now offers a full suite of services in six countries covering all key worldwide media markets, with digital hubs currently in the United States and United Kingdom. The full-service company can digitize, store (both physically and digitally) and distribute media content throughout the globe more quickly and efficiently than other competitors in the market. The in-house solution provides a seamless chain of custody offering, operational and budgetary efficiencies and unrivaled security. These attributes ensure that the integrity of the archive is maintained throughout the entire process.

With best-in-class digital services, archive, preservation and climate-controlled storage, Bonded will continue to be a dominant force in the industry.

About Bonded
Bonded Services is a recognized leader in the provision of media asset management, logistics & distribution, supply-chain and related services. These services have been specifically developed to service global media and entertainment customers and other industry sectors, which produce high value physical and digital assets. Bonded has been serving the entertainment industries since the 1930s and now cares for 8 million physical assets for more than 1,400 clients worldwide. In addition to its core physical and digital storage business, Bonded offers digital distribution services for its customers to all media platforms, including online, mobile, television, VOD, cable and satellite and delivers content to all major retailers and broadcasters, including iTunes, Amazon, Netflix, Sony Playstation, Microsoft Xbox, CinemaNow, InDemand, Comcast, Echostar, Blockbuster, Hulu and Vudu.

For more information, visit http://www.Bonded.com

Bonded is an affiliate of The Wicks Group of Companies, L.L.C. and AEP Capital LLC.

Bonded Services

CONTACT: Lizzie Younkin, BAM Communications, +1-760-525-9777, lizzie@bamcommunications.biz

Web Site: http://www.Bonded.com


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