LiveWorld adds Carl Gustin to Board of Directors

CAMPBELL, Calif. - LiveWorld, Inc. (OTC Markets: LVWD), a social-first digital agency with a focus on the healthcare and pharmaceutical industries, announced today the addition of Carl Gustin to its Board of Directors. The company, currently valued at $6.85 million with annual revenue of $11.37 million, maintains a strong financial position with more cash than debt on its balance sheet. Gustin, with a wealth of experience in healthcare, technology, and AI-driven business transformation, is expected to contribute to LiveWorld’s growth and innovation.

Gustin is the Chief Strategy & Marketing Officer at SpeciCare, a company known for providing new options in cancer care. His career highlights include key roles at Kodak, where he led digital transformation efforts, and at Apple (NASDAQ:AAPL), where he was instrumental in launching the first PowerBook. Gustin’s recognition as an Ad Age Top 50 Marketer underscores his significant contributions to the field.

Peter Friedman, Chairman and CEO of LiveWorld, expressed confidence that Gustin’s strategic insights and leadership will enhance the company’s ability to attract new clients, develop AI solutions, and cement its position in the marketing domain of healthcare and pharma. According to InvestingPro analysis, the company maintains a healthy current ratio of 2.3, indicating strong short-term financial stability.

Gustin’s appointment is part of LiveWorld’s strategy to evolve its AI-driven solutions and strengthen its presence in the healthcare industry. The company, with over 28 years of experience, offers services that include AI-powered software, social moderation, and compliance solutions tailored for its specialized client base.

LiveWorld, headquartered in Campbell, California, with an office in New York City, continues to support top brands in pharmaceuticals, healthcare, and financial-travel services with its innovative and compliant social media strategies. InvestingPro analysis suggests the stock is currently undervalued, with additional insights available through their premium service, including 7 more key investment tips and detailed financial metrics.

The appointment of Carl Gustin to the Board of Directors is based on a press release statement from LiveWorld, Inc.

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