AllDigital Announces Hiring of Executive Vice President of Sales
2014年1月28日 - 7:00PM
AllDigital Holdings, Inc. (OTCBB:ADGL), recently recognized as one
of Streaming Media Magazine's "Streaming Media 100," which honors
the most innovative and influential companies in the online video
industry, has announced the addition of a new member to its
executive team – Michael Linos as executive vice president of
sales. Linos will oversee all aspects of AllDigital's sales and
business development functions and will serve on AllDigital's Board
of Directors.
"In addition to our recent hires of Barbara Crofts as CFO and
Brad Eisenstein as COO, we continue to build a world-class
executive management team," said Paul Summers, chairman and CEO of
AllDigital. "I worked closely with Michael at VitalStream where he
helped build a scalable team of sales professionals, built an
amazing network of strategic partners and helped position the
company for a transition to NASDAQ and ultimate sale. I'm deeply
honored that Michael would join our team as a director, investor
and senior executive. His leadership will be instrumental in our
strategy to establish AllDigital as the leader in providing ultra
low latency ("ULL") solutions to the digital broadcasting
industry."
Linos helped NTT/Verio create and grow their enterprise hosting
sales organization nationwide, delivering $50M in annual revenue.
His strong experience in sales includes taking VitalStream from $5M
to $20M in sales in less than two years, and leading the sales team
at BandCon with over $20M in revenue before the company was
acquired by Highwinds. He started his career at IBM as a sales
representative, selling technology solutions to Fortune 500
companies.
"I'm extremely excited to work again with Paul Summers, Tim
Napoleon and Steve Smith at AllDigital and have the chance to serve
as a member of the senior leadership team," said Linos. "I'm
looking forward to strengthening AllDigital's sales channels and
enhancing its leadership position in the digital broadcasting
space."
Co-founder and Chief Strategist Tim Napoleon added, "I had the
pleasure to work for Michael at VitalStream, where we successfully
launched strategic initiatives that rapidly grew client count and
recurring revenue. I look forward to working with him again as we
continue to focus on our content management system with an eye
towards industry-leading low latency content delivery metrics."
Steve Smith, co-founder and vice president of network services,
stated, "He has the proven experience and vision to build a highly
scalable sales and business development team."
Linos has a BS from the University of Dayton and an MBA degree
from Northwestern University.
Concurrent with entering into an executive employment agreement
with AllDigital, Linos purchased 2.25 million shares of
AllDigital's common stock from AllDigital at a price of $0.15 per
share. In addition, he directly purchased 1 million shares from Tim
Napoleon at $0.15 per share and 500,000 shares from Steve Smith at
$0.15 per share. Under the terms of his employment agreement,
Michael will be granted 1 million shares on each of the first and
second anniversaries of his employment. Those grants will be
accelerated at Michael Linos' election if AllDigital is sold for
more than $10 million in consideration.
Forward-Looking Statements
This release may contain forward-looking statements as well as
historical information. Forward-looking statements, which are
included in accordance with the "safe harbor" provisions of the
Private Securities Litigation Reform Act of 1995, may involve
risks, uncertainties and other factors that may cause AllDigital's
actual results and performance in future periods to be materially
different from any future results or performance suggested by the
forward-looking statements in this release. These risks and
uncertainties include, without limitation, whether AllDigital will
be established as the leader in providing ultra low latency
solutions to the digital broadcasting industry and whether
AllDigital will enhance its leadership position in the digital
broadcasting space. In addition, other risks are identified in
the Company's most recent Annual Report on Form 10-K and Quarterly
Report on Form 10-Q filed with the SEC. Such forward-looking
statements speak only as of the date of this release. The Company
expressly disclaims any obligation to update or revise any
forward-looking statements found herein to reflect any changes in
company expectations or results or any change in events.
About AllDigital: AllDigital Inc., a leader in
digital broadcasting solutions, is the developer of AllDigital
Cloud, a content management system (CMS), focused on the
virtualization of digital content. AllDigital Cloud empowers
enterprises to stream content across multiple devices including
mobile, desktop and digital television, providing total control
over the global distribution of digital media assets. Mainly
serving media and entertainment companies, enterprise brands,
non-profit and government organizations, AllDigital sets itself
apart by offering highly scalable and ultra-low latency (ULL)
digital broadcasting solutions, including cloud storage, origin
transit, content management solutions, integration services and
related customer support. AllDigital Cloud can be used as a
cloud-based service or as an on premise content management tool to
power private- or public-facing virtual digital broadcasting
networks with high-speed data transfer, scalable storage, encoding
/ transcoding, VoD and linear programming, and real time
reporting. For more information on AllDigital, please visit
http://www.alldigital.com/.
Copyright ©2014. AllDigital, Inc. All rights reserved. All marks
are the property of their respective holders.
For more information on AllDigital, please visit
http://www.alldigital.com/.
CONTACT: Email: pr@alldigital.com
Phone: 949.250.0701
AllDigital (CE) (USOTC:ADGL)
過去 株価チャート
から 11 2024 まで 12 2024
AllDigital (CE) (USOTC:ADGL)
過去 株価チャート
から 12 2023 まで 12 2024