ARI Network Services, Inc.: Announces the appointment of Chad J. Cooper to board of directors

MILWAUKEE, Oct. 9, 2014 (GLOBE NEWSWIRE) — ARI Network Services, Inc.
(Nasdaq:ARIS) has announced today that Chad J. Cooper has been elected
to its Board of Directors. Cooper will serve until the company’s Annual
Meeting in January 2016, at which time he will be subject to an
election by the shareholders.



“Chad brings an extensive background in capital markets and
institutional knowledge to our Board,” said Roy W. Olivier, ARI
President and CEO. “He was a key advisor regarding ARI’s strategy to
pay down high interest debt and clean up its balance sheet in 2013, and
I am confident that he will do a fantastic job contributing to our
strategic plan and representing shareholders in the boardroom.”



Cooper is currently the Chief Executive Officer of Digital Offering
LLC, a technology-driven merchant bank. He has more than 15 years’
experience in the investment banking and capital markets industry.
Prior to joining Digital Offering, Cooper was a Managing Director at
Ascendiant Capital Group, Global Hunter Securities and B. Riley & Co.,
all investment banking firms. Cooper also served as Director of
Institutional Sales and in other various capacities at Roth Capital
Partners, an investment bank, from 2002 to 2011. Cooper earned a B.A.
in International Relations from the University of Southern California
and an M.B.A. from Georgetown University.



“Chad’s comprehensive understanding of how financial markets function
and his deeply attuned ability to structure deals will help strengthen
our Board,” said William H. Luden, III, ARI’s Chairman of the Board.
“With his wide skillsets, solid beliefs and strong motivation, I’m
thrilled to welcome Chad as the newest independent member of our Board
of Directors.”



“I am excited to join ARI’s Board of Directors and to have the
opportunity to help strengthen ARI’s market position,” said Cooper. “I
have tremendous respect for Roy, Will and the entire Board, and I look
forward to working with them.”



About ARI



ARI Network Services, Inc. (ARI) (Nasdaq:ARIS) offers an award-winning
suite of data-driven software tools and marketing services to help
dealers, equipment manufacturers and distributors in selected vertical
markets Sell More Stuff!(TM) – online and in-store. Our innovative
products are powered by a proprietary data repository of enriched
original equipment and aftermarket electronic content spanning more
than 10.5 million active part and accessory SKUs, 469,000 models and
$1.7 billion in retail product value. Business is complicated, but we
believe our customers’ technology tools don’t have to be. We remove the
complexity of selling and servicing new and used vehicle inventory,
parts, garments and accessories (PG&A) for customers in the automotive
tire and wheel aftermarket, powersports, outdoor power equipment,
marine, home medical equipment, recreational vehicles and appliance
industries. More than 22,000 equipment dealers, 195 distributors and
1,500 manufacturers worldwide leverage our web and eCatalog platforms
to Sell More Stuff!(TM) For more information on ARI, visit
investor.arinet.com.