Zodiac Hires Brandon Brown as new CEOVALLEY STREAM, NY — April 2, 2009 — Zodiac Interactive, an Emmy award–winning developer of software for interactive television, announced today it has hired information–technology executive Brandon Brown as its new chief executive officer, replacing Zodiac's co–founder Michael Rivkin, who will become the company's technical executive officer. Brandon's new role as Zodiac's CEO will be to identify business opportunities as the company moves into a new growth stage. "Brandon is a seasoned IT veteran, bringing to Zodiac more than 20 years' experience executing and growing profitable businesses for both commercial and open source markets, and we're pleased to have his multinational expertise," said Alexander Libkind, Zodiac's co–founder and COO. The organizations built and run by Brown have resulted in one IPO and four successful mergers. He has held executive management positions at several startups, including Sigaba, a provider of secure messaging solutions, and Persistence Software, a database middleware company acquired by Progress Software. The companies Brown has helped build have delivered revenues up to $95 million annually, while achieving growth rates of 40 to 200 percent per annum, and market cap values of more than $600 million. Brown also held sales executive positions at GE Financial, Lockheed Martin and other multinational firms. He has Bachelor of Arts degree from Queen's College and advanced studies in Finance and Brokerage Operations at New York University. "Zodiac has done an excellent job driving iTV standards into the cable market and creating a platform that allows Interactive Television 2.0™ to run across any combination of tru2way devices," said Brown. "Interoperability is key to a successful iTV rollout, and Zodiac removes those concerns from operators with its PowerUp™ framework, allowing operators to offer these exciting new services more quickly to their subscribers." Brown continued, "I'm thrilled to join the Zodiac team at this stage in the company's growth, so they can answer the demand from operators for true iTV ubiquity, while keeping an eye on new and additional opportunities in the entertainment industry. Zodiac has a remarkably talented team of execs, engineers and marketers, and I feel privileged to be part of Zodiac's successes today and in the future." Zodiac, headquartered in Valley Stream, N.Y., has 15 employees in the U.S. and 75 engineers based in Russia. About Zodiac InteractiveZodiac Interactive is an Emmy winning developer of software for interactive television. Zodiac's PowerUp™ Framework is cross–platform software that unifies and enables advanced TV applications across multiple set–tops. The core of PowerUp, with its open APIs and libraries, makes it easy for operators to develop and deploy advanced TV services, such as user interfaces, EBIF, EPGs, tru2way, VOD, Web–Services, and other features demanded by operators today. For more information, visit www.zodiac.tv. Interactive Television 2.0 and PowerUp are trademarks of Zodiac Interactive. Other company, product and service names mentioned herein may be trademarks or service marks of their respective owners. ### Contact:Terry May |
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