| LOS GATOS, CA (June 14, 2007) ICTV, which enables actionable
Web-driven media through television, announced today that
veteran senior finance executive Christine Munson has joined
the company as Chief Financial Officer.
Munson, who has substantial experience in raising capital
and has led three Initial Public Offerings, has spent much
of the past two decades as CFO or vice president of finance
for venture-backed technology firms in the San Francisco Bay
area and Silicon Valley. Prior to joining ICTV, she was vice
president, finance for MarketTools, Inc., a San Francisco-based
market research company.
“The desire by consumers to view and engage with personalized,
Web-driven media on the television has resulted in a significant
rise in interest in our ActiveVideo Distribution Network,”
said Jeff Miller, president and CEO of ICTV. “Christine Munson’s
expertise and successful track record will ensure the solid
financial foundation ICTV needs as we build out the network
enabling programmers, advertisers and operators to engage
viewers with high-quality video and targeted, interactive
advertisements.”
During her career, Christine has successfully taken three
companies public: Gadzoox Network, Inc., a manufacturer of
gigabit fiber channel networking products for storage area
networks, where she was CFO and vice president of finance
and administration from 1997-2000; the California Culinary
Academy, Inc., a professional school for which she served
as Chief Financial and Administrative Officer, vice president
of finance and assistant corporate secretary from 1993-1996;
and Document Technologies, Inc., an image processing software
and hardware firm for which she served as CFO, vice president
of finance and corporate secretary from 1989-93.
Christine also positioned Netcarta, a software company for
which she served as CFO and assistant corporate secretary,
for sale to Microsoft for triple the Netcarta backers’ investment,
and as CFO executed the sale of Weldon Owen Publishing, Inc.,
a San Francisco-based international book publisher. In addition,
she has served as CFO of Kasenna, a video-over-IP software
and hardware company, where she closed $14 million in equity
financing; Portera Systems, a software firm; and Liquid Thinking,
Inc., a consultancy. Christine began her career as manager,
emerging business practice with Pricewaterhouse from 1983-89.
A Certified Public Accountant, Christine earned her B.S.
in Accounting from San Jose State University.
ActiveVideo allows network operators and programmers to
provide viewers the vast choice of the Web media experience
with the quality and responsiveness television viewers demand.
The personalized experience includes access on television
to entire libraries of continuously updated video, navigational
elements and channel branding. ActiveVideo supports the targeted,
interactive banner advertisements and valuable ad showcases
that are driving online advertising revenues to very high
growth rates. ActiveVideo P:Mosaic™, the multichannel industry’s
first customizable, personalized video-rich navigation system,
provides easy-to-use navigation, allowing subscribers to view
live video from and navigate through a number of channels
at a single glance.
ActiveVideo blends linear and on-demand programming with
broadband content in the network into personalized MPEG video
streams for display on any digital set-top box. Because content
can be created and modified using standard Web tools and talent,
network operators, programmers and advertisers can create
content once for delivery via the ActiveVideo Distribution
Network to every cable and IPTV set-top box, regardless of
hardware, middleware and guide differences. Viewers can
navigate through, and interact with, individual elements of
the stream using key clicks of their remote controls.
About ICTV
ICTV® delivers ActiveVideo, a network-based platform
enabling Web media to be universally distributed through television
and other devices. ActiveVideo engages viewers in a dynamic
environment with high-quality video and targeted, interactive
advertisements. The platform uses standards-based distribution
technologies allowing network operators, programmers and advertisers
to extend Web workflows to new screens and provide a limitless
array of personalized content that is enhanced with Web-driven
interaction. The company is based in the heart of Silicon Valley,
with offices in Los Angeles, Baltimore and the United Kingdom.
For more information, visit www.ictv.com. |
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