Shmuel Tennenhaus Joins MassRoots’ Board of Advisors


DENVER, Aug. 11, 2015 (GLOBE NEWSWIRE) -- MassRoots, Inc. (OTCQB:MSRT), one of the largest and fastest growing social networks for cannabis consumers, is pleased to announce it has successfully recruited Shmuel Tennenhaus to join MassRoots’ Board of Advisors. Mr. Tennenhaus previously served as the Vice President of Marketing for Big Fish, a mobile gaming company acquired by Churchill Downs for $885 million.

“I look forward to utilizing my experience to help scale MassRoots to millions of users and build MassRoots for Business into a top-notch mobile monetization machine,” stated Shmuel Tennenhaus. “From the moment I joined their network, it was clear how much data and knowledge MassRoots has on the cannabis market. Once properly leveraged, I believe MassRoots is going to be the dominant advertising channel in the cannabis industry.”

“Recruiting a senior mobile marketing executive of the caliber of Mr. Tennenhaus is a significant step in forming the team and network necessary to take MassRoots to the next level. Shmuel has been instrumental in scaling apps to millions of users and successfully monetizing them – we could not ask for more applicable experience,” stated MassRoots Chief Executive Officer Isaac Dietrich.

“MassRoots is lucky to have Tennenhaus onboard as an official advisor, especially in this hyper-growth industry of cannabis,” stated Zalmi Dutchman, founder of the Fresh Diet and Forbes.com contributor. “Shmuel was a tremendous asset in identifying new marketing trends and channels that enabled us to quickly scale and I have no doubt he’s bringing invaluable experience and connections to the table.”

For more information on Shmuel Tennenhaus, please visit his LinkedIn profile.

About MassRoots
MassRoots is one of the largest and most active communities of cannabis consumers with 450,000 users. It is proud to be affiliated with the leading organizations in the cannabis industry, including the ArcView Group and National Cannabis Industry Association. MassRoots has been covered by CNN, Fox Business, CNBC, Fortune, BBC, Cannabist and the New York Times. For more information, please visit Corporate.MassRoots.com.

This information does not constitute an offer to sell or a solicitation of an offer to buy securities or assets of MassRoots. All information presented herein with respect to the existing business and the historical operating results of MassRoots and estimates and projections as to future operations, potential partnerships with other businesses, the success of events that we are attending, and other information, is based on materials prepared by the management of MassRoots and involve significant elements of subjective judgment and analysis which may or may not be correct. While the information provided herein is believed to be accurate and reliable, MassRoots makes no representations or warranties, expressed or implied, as to the accuracy or completeness of such information. In furnishing this information, MassRoots reserves the right to amend or replace some or all of the information herein at any time and undertakes no obligation to provide the recipient with access to any additional information. Nothing contained herein is or should be relied upon as a promise or representation as to the future.

Forward-looking Statements:

Certain matters discussed in this announcement contain statements, estimates and projections about the growth of MassRoots' advertising business, potential partnerships, and our related business strategy. Such statements, estimates and projections may constitute forward-looking statements within the meaning of the federal securities laws. Important factors that could cause our actual results to differ materially from those anticipated by the statements made herein include, among others, the success of our advertising initiatives, the continued growth and engagement of our user base, our ability to work with partners of the Company, and unforeseen technical or other problems or issues that could affect the performance of our products or our business. Further information on our risk factors is contained in our filings with the SEC, including our S-1 Registration Statement filed with the SEC on August 26, 2014. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them.  Any forward-looking statement made by us herein speaks only as of the date on which it is made. MassRoots undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The recipient of this information is cautioned not to place undue reliance on forward-looking statements.


            

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