TAIPEI, Nov. 7, 2013 /PRNewswire/ -- GigaMedia Limited
(NASDAQ: GIGM) announced today that technology executive
Simon Lee has joined the company as
chief executive officer of its cloud business, GigaCloud. Mr. Lee
has deep experience in the regional cloud industry and a strong
track record of developing new business and driving growth; his
appointment demonstrates GigaMedia's commitment to building a
market-leading cloud business.
Mr. Lee helped develop and grow the Taiwan branch of global technology services
leader Atos from 2006 to 2013. During this time, Mr. Lee served in
different key roles, including managing director, vice president of
sales, and sales director. At Atos Taiwan, he spearheaded
penetration of the telecom, warehouse, and government sectors,
surpassing double-digit sales goals every year.
"Simon is an energetic, ambitious technology professional who is
passionate about cloud and has a wealth of industry knowledge,"
stated Collin Hwang, chief executive
officer of GigaMedia Limited. "He also has a proven track record of
identifying new business opportunities and developing cloud
solutions and services that exploit them -- all of which make
him exceptionally well qualified to lead and grow GigaCloud."
"Simon led the development and rapid growth of Atos in
Taiwan, where he was a top
performer for years," stated CEO Collin
Hwang. "We are fortunate to have attracted someone with his
background and level of expertise and are delighted to have him on
our team."
"Cloud is in an early, high-growth stage in Taiwan," stated Simon
Lee. "GigaMedia has positioned itself to benefit from this,
launching trial operations this year with an integrated software
platform focused on SMEs."
"We are now planning to expand the business with new products
and services targeting new markets," stated Simon Lee. "I am excited to start ramping up
GigaCloud in 2014 to take advantage of tremendous market
opportunities and am delighted to have this opportunity."
Developed by GigaMedia as an integrated platform of critical
services and tools for small-to-medium enterprises (SMEs),
GigaCloud provides cloud-based Software as a Service (SaaS)
offerings. GigaCloud's hosted services enable SMEs to outsource key
IT needs and increase flexibility, efficiency and competitiveness.
The business launched services in April
2013 with an initial product offering of phone, fax,
storage, and video security systems.
Expansion of GigaCloud in 2014 will begin with both new hosted
and new private SaaS applications and services refocused on larger
SMEs; new consulting services are also planned. Longer term,
GigaCloud targets a full range of cloud products and services,
which will include Infrastructure as a Service (IaaS) and Platform
as a Service (PaaS).
Prior to working at Atos, Mr. Lee served as a sales manager at
AdvancedTEK International Corporation, a consulting firm and major
reseller and implementation partner of Oracle as well as other
software, services and hardware, in Taiwan and mainland China. Mr. Lee
has a master's degree in industrial engineering and management from
National Chiao-Tung University and a bachelor's degree from
National Tsing-Hua University, both in Taiwan.
Mr. Lee replaces Jim-Ming Sung,
who has left the company to pursue new opportunities.
About GigaMedia
Headquartered in Taipei,
Taiwan, GigaMedia Limited (Singapore registration number: 199905474H) is
a diversified provider of online games and cloud computing
services. GigaMedia's online games business develops and operates a
suite of games in Taiwan and
Hong Kong, with focus on
Web-based/mobile games. The company's cloud computing business is
focused on providing SMEs in Greater
China with critical communications services and IT solutions
that increase flexibility, efficiency and competitiveness. More
information on GigaMedia can be obtained from www.gigamedia.com
.
The statements included above and elsewhere in this press
release that are not historical in nature are "forward-looking
statements" within the meaning of the "safe harbor" provisions of
the Private Securities Litigation Reform Act of 1995. GigaMedia
cautions readers that forward-looking statements are based on the
company's current expectations and involve a number of risks and
uncertainties. Actual results may differ materially from those
contained in such forward-looking statements. Information as to
certain factors that could cause actual results to vary can be
found in GigaMedia's Annual Report on Form 20-F filed with the
United States Securities and Exchange Commission in April 2013.
For further information contact:
Brad Miller, Investor Relations Director
Tel: +886-2-2656-8016
Brad.Miller@GigaMedia.com
SOURCE GigaMedia Limited