VELT - Velti PLC

Velti plc (Velti) is a global provider of mobile marketing and advertising solutions that enable brands, advertising agencies, mobile operators and media companies to implement campaigns by communicating with and engaging consumers through their mobile devices. During the year ended December 31, 2009, over 450 brands, advertising agencies, mobile operators and media companies used its solution to conduct over 2,000 campaigns. On May 8, 2009, the Company completed an acquisition of Ad Infuse, Inc. On October 9, 2009, Ad Infuse changed its name to Velti USA, Inc. In June 2010, the Company acquired Media Cannon, Inc., a developer of mobile advertising tools and technology. Its subsidiaries include Velti DR Limited, Velti US Holdings, Inc. and Velti USA, Inc. In October 2010, the Company acquired Mobclix Inc., a mobile ad exchange network.

DUBLIN, Ireland and SAN FRANCISCO, Jan. 27, 2011 (GLOBE NEWSWIRE) -- Velti plc (Nasdaq:VELT - News),
a leading mobile marketing and advertising technology provider for brands, advertising agencies, mobile operators and media, today announced that it has priced its initial public offering in the United States of 12,518,008 ordinary shares at a price to the public of $12.00 per share. Of the ordinary shares sold in the offering, Velti is offering 11,092,300 shares and selling shareholders are offering 1,425,708 shares. In addition, Velti and the selling shareholders have granted the underwriters a 30-day option to purchase up to an additional 1,877,700 ordinary shares to cover over-allotments, if any. The shares will begin trading on the NASDAQ Global Select Market on January 28, 2011 under the symbol "VELT."



Jefferies & Company, Inc. are acting as the sole book-running lead manager for the offering. Needham & Company LLC, RBC Capital Markets Corp., Canaccord Genuity Inc., and ThinkEquity LLC are acting as co-managers.



A registration statement relating to this offering was declared effective by the Securities and Exchange Commission on January 27, 2011. This offering is being made solely by means of a written prospectus forming part of the effective registration statement. Copies of the final prospectus relating to the offering may be obtained, when available, from: Jefferies & Company, Inc., Attention: Equity Syndicate Prospectus Department, 520 Madison Avenue, New York, NY 10022, telephone: (877) 547-6340, email: Prospectus_Department@Jefferies.com.



This press release shall not constitute an offer to sell or the solicitation

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