HSW International Names James Rosenstock to Board of Directors
04 February 2011 - 12:00AM
HSW International, Inc. (Nasdaq:HSWI), a leading developer and
operator of next-generation web publishing platforms combining
traditional web publishing with social media, today announced that
its Board of Directors has named James Rosenstock as a director of
HSW International. Mr. Rosenstock was designated by Discovery
Communications in connection with the January 1, 2011, resignation
of their previous designee Michael Cascone as a director of HSW
International. Discovery Communications, the largest shareholder of
HSW International, has the right to designate up to three members
to the company's Board of Directors.
"On behalf of the company, I would like to welcome Jay
Rosenstock as our newest Board member," said Greg Swayne, Chairman
and Chief Executive Officer of HSW International. "Jay's years of
relevant insight and experience with our partners and industry adds
significantly to the depth and breadth of our Board. We look
forward to his contributions."
Mr. Rosenstock, 38, has been Senior Vice President, Corporate
Development at Discovery Communications since 2007, where he
oversees global mergers and acquisitions, corporate strategy, and
new business development. From 2002 to 2007,
Mr. Rosenstock was Vice President, Corporate Development and
M&A at Sony Corporation of America. Previously Mr.
Rosenstock was an investment banker to the media and entertainment
industry, most recently at Credit Suisse First Boston. Mr.
Rosenstock is a graduate of Virginia Tech's Pamplin College of
Business and serves on its Finance Department's Advisory Board.
Mr. Rosenstock is also a board member of Sharecare, Inc., a
private partnership between HSW International, Dr. Mehmet Oz, Harpo
Productions, Discovery Communications, Sony Pictures Television and
Jeff Arnold; a board member of Adrea, LLC, a private joint venture
between Discovery Communications, Intertrust, Philips and Sony
aimed at licensing certain intellectual property in the eBook
space; and an Advisory Board member of the GI Film Festival.
About HSW International
HSW International, Inc. (Nasdaq:HSWI) is a leading developer and
operator of next-generation web publishing platforms combining
traditional web publishing with social media. The company's Web 3.0
platform is revolutionizing the way people search and exchange
information over the internet. HSW International's Web 3.0 platform
powers Sharecare, which provides a simple, easy way for consumers
to get high quality answers to the questions of health, provided by
trusted experts. HSW International is a co-founder of Sharecare
along with Dr. Mehmet Oz, Harpo Productions, Discovery
Communications, Sony Pictures Television and Jeff Arnold, the
founder of WebMD. HSW International is currently developing other
content verticals that lend themselves to the Web 3.0 platform. HSW
International is also the exclusive licensee in China and Brazil
for the publication of translated content from Discovery
Communications' HowStuffWorks.com. For more information visit the
company's website at www.hswinternational.com.
CONTACT: Investor Relations Contact:
Stephanie Prince/Jody Burfening
Lippert/Heilshorn & Associates
T: 212-838-3777
sprince@lhai.com
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