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| February 14, 2006 | Press Release |
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| Ecast Names New CEO |
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| Portfolio Company: Ecast |
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SAN FRANCISCO, CA -- Ecast, Inc., the leading provider of digital-downloading, broadband-enabled jukeboxes, has named John Taylor to the position of Chief Executive Officer.
Taylor joined Ecast in 2003 as the senior v.p. of sales and business development and has served as the company's interim C.E.O. since April 2005. Prior to joining Ecast as executive vice president of sales, he was senior director of new business development at Macromedia, where he led the company's effort to enter the enterprise communications market. He has also held executive management positions at Dimension X, which was acquired by Microsoft and Illustra Technologies, which was acquired by Sun Microsystems. He holds a Bachelor of Science degree from Cornell University.
"The Board is excited about the progress that Ecast has made this past year and fully supports the strategy that John has articulated for the company going forward," said Heidi Roizen, Ecast board member and managing director of Mobius Venture Capital.
"I am proud of the break out year that we had in 2005 and am excited about the future of Ecast. We are committed to delivering innovative new products, programs and value-add services to the operator community that will transform the marketplace," said Taylor.
Ecast's leading investors, whom in the aggregate manage capital in excess of $4 billion, include Mobius Venture Capital, Crosslink Capital, Doll Capital Management, El Dorado Ventures and Escalate Capital Partners.
ABOUT ECAST:
Ecast runs the premier network of digital touchscreen jukeboxes in the US, serving music and advertising to over 10 million consumers per month. Each broadband-enabled jukebox provides the freshest music catalog in the industry, allowing patrons to choose from a massive selection from independent and major record labels. The Ecast platform powers jukeboxes made by manufacturers NSM, Rock-Ola and View. Visit them online at www.ecastinc.com. |
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