TIDMAMO
RNS Number : 0915M
Amino Technologies PLC
19 January 2021
19 January 2021
AMINO TECHNOLOGIES PLC
("Amino", the "Company" or the "Group")
Board Change
Amino Technologies plc (LSE AIM: AMO), a software-led global
media technology company that delivers modern TV experiences,
announces that Steve Oetegenn has been appointed as a Non-Executive
Director of the Group, effective from today.
Steve Oetegenn is an industry leader in the online video, pay TV
and digital security sectors, with over 30 years' experience, who
brings deep expertise of the interplay between software and media.
Across his career, Steve has worked with global pay TV providers,
government agencies, global banks, Fortune 500 companies and
Hollywood studios.
From 2014 to 2020 Steve was President of Verimatrix, a provider
of revenue security solutions to the pay TV and on-line video
industry. Under Steve's stewardship Verimatrix was acquired in 2019
for a total consideration of $145 million by Inside Secure. Steve's
previous roles include COO of MediaSec Technologies LLC, a pioneer
and leader in the field of digital watermarking, and COO of Argus
Systems Group, a leading provider of Internet server security
software. Steve was awarded the Lifetime Achievement Award at the
2020 annual VideoTech Innovation Awards program.
Steve Oetegenn , said:
"Amino Technologies is at a pivotal moment in its development as
it pursues software-led growth to address the convergence of the
Pay TV and streaming markets. Amino has an ambitious and innovative
team with a great culture that I am excited to become a part of.
I've seen the global Pay TV and streaming sector grow significantly
during my years in the industry, and Amino is ideally placed to
take advantage of the evolving market opportunity in front of it.
I'm looking forward to joining the rest of the Board in
accelerating Amino's growth and delivering on its strategy."
Karen Bach, Chair and Non-Executive Director of Amino
Technologies plc, said:
"We're delighted to be welcoming someone as experienced in our
sector as Steve to our Board. Steve is an experienced leader of the
pay TV industry, with global expertise and extensive insight in
delivering innovative software-led solutions in the sector. As
Amino Technologies continues to grow, we will value having Steve's
wealth of knowledge and keen instinct for innovation on our
Board."
For further information please contact:
Amino Technologies PLC +44 (0)1954 234100
Karen Bach, Chair
Donald McGarva, Chief Executive Officer
Mark Carlisle, Chief Financial Officer
finnCap Ltd (NOMAD and Broker) +44 (0)20 7220 0500
Matt Goode / Simon Hicks (Corporate Finance)
Tim Redfern / Richard Chambers (Equity Capital Markets)
FTI Consulting (Financial communications) +44 (0)20 3727 1000
Matt Dixon / Emma Hall / Chris Birt / Gregory Hynes
About Amino Technologies plc
Amino Technologies plc is a software-led, global Media
Technology company. We deliver modern TV experiences, the way
viewers want them. We do this by creating the solutions that Pay-TV
operators, broadcasters and content owners need to make it easy for
people to connect to the TV and video they love.
Our end to end solutions, offer the best of both worlds: video
on demand and live TV. By placing all TV and video streaming
content in one place, Pay-TV operators, broadcasters and media
owners can stay ahead of evolving viewer demand by providing
smarter, more cost-effective ways of delivering modern TV and video
experiences to consumers.
Amino Technologies plc has two operating companies: 24i, which
focusses on streaming video experiences and Amino, which connects
Pay-TV to streaming services. Our two complementary companies
combine their products and services to create solutions which
ensure that people can consume TV and video how and when they want
it. Our solutions deliver modern TV and video experiences every day
to millions of viewers globally, via our growing global customer
base of over 500 service providers.
Amino Technologies plc is listed on the London Stock Exchange
Alternative Investment Market (AIM: symbol AMO). Headquartered in
Cambridge, UK, the company has over 300 staff located in offices in
New York, Los Angeles, San Francisco, Amsterdam, Helsinki, Madrid,
Porto, Brno and Hong Kong.
For more details, visit www.aminotechnologies.com
Additional information
The following information is being disclosed pursuant to Rule 17
and paragraph (g) of Schedule 2 of the AIM Rules for Companies.
Steven Oetegenn, aged 65, has been a director or partner of the
following companies or partnerships during the five years preceding
the date of this announcement:
Current directorships: Past directorships (last five
years)
Verimatrix, Inc
Verimatrix GmbH
Save as set out above there are no further disclosures required
pursuant to Rule 17 or Schedule Two, paragraph (g) of the AIM Rules
for Companies.
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