Saturday, January 08, 2005

HandHeld Entertainment Announces Changes to Its Board of Directors; Former Microsoft and Sun Executive is Named Chairman of Board of Directors 

Former Microsoft and Sun Executive is Named Chairman of Board of Directors SAN FRANCISCO --(Business Wire)-- Jan. 5, 2005 -- HandHeld Entertainment(TM), creator of the ZVUE(TM) personal media player and content network, today announced that Bill Keating has been named chairman of its board of directors, replacing Geoff Mulligan, who remains on the board. HandHeld's Chief Technical Officer (CTO) Carl Page was also named to its board of directors.

Keating has served as HandHeld's interim chief executive officer since Nathan Schulhof stepped down from the CEO position for health reasons. Schulhof remains a member of HandHeld Entertainment's board of directors.

Keating, a former executive with Microsoft, Sun, WebTV and Moxi Digital, is currently a founding member of Nekei, an advisory service that helps companies get real solutions to funding and operational concerns. Keating's 25 years of experience in turning new technologies into successful marketplace ventures is well documented, with seven business ventures going public or being acquired, including WebTV's sale to Microsoft for $425 million.

Mulligan is the chief operating officer for Konami of America, the fast-growing, U.S.-based subsidiary of the $1 billion Japanese developer and publisher of entertainment software.

Prior to founding HandHeld Entertainment with Garrett Cecchini, Page co-founded eGroups Inc., where he helped build a network of 14 million users who relied on eGroups to support Web-based collaborative work efforts. eGroups was eventually acquired by Yahoo! in 2000 for more than $425 million.

"I am thrilled that HandHeld has such an experienced team," Keating said. "Having the knowledge and wealth of experience these men bring is invaluable. We look forward to expanding our existing content libraries and establishing HandHeld's ZVUE personal media player firmly in the homes of consumers throughout the world."

In a separate announcement today, HandHeld Entertainment named Jeffrey D. Oscodar as its new CEO. Oscodar comes to HandHeld with almost 20 years of corporate technology and legal experience, and was responsible for introducing the first Web-enabled telephone to the industry through his work as co-founder of InfoGear Technology. That technology was later sold to Cisco Systems for more than $300 million. (Click Title For More)

Comments: Post a Comment