Technology Veteran Jay S. Amato Takes Helm at Viewpoint
Corporation
MONDAY, AUGUST 11, 2003 8:32 AM
- BusinessWire
NEW YORK, Aug 11, 2003 (BUSINESS WIRE) -- Viewpoint Corporation (VWPT) , a leading provider of interactive media technology and services, whose software reaches more than 100 million Web users, today announced that Jay S. Amato has been appointed Chief Executive Officer. Bob Rice, current President and Chief Executive Officer, will become Executive
Chairman. Best known for his successful tenure as President and Chief Operating Officer at Vanstar and leadership of the Technology Access Action Coalition/ACT, Amato has been a prominent thought leader in the technology sector for more than 20 years.
"Jay's impressive track record of developing revenue growth, building strategic partnerships with technology leaders and his visionary outlook made him the ideal candidate," said Viewpoint Board Member, Stephen Duff.
While at Vanstar, Amato transformed the company from a $25 million retail computer franchiser to a leading technology services company, serving the corporate marketplace with nearly $3 billion in revenue. He led this remarkable growth by successfully integrating a series of early acquisitions and building a business model that fueled internal growth.
"I am excited by the prospects of expanding Viewpoint into new markets. The company has spent its early years perfecting its landmark technology and now it's time to raise our visibility," said Amato. "Viewpoint's Media Player reaches more than 100 million Web users, eclipsing Apple's QuickTime(R) and approaching Microsoft's Windows Media(R) Player in market penetration. I am convinced aggressive operational and marketing initiatives will beckon a new era for the company."
Following his tenure at Vanstar, Amato led the formation of Technology Access Action Coalition/ACT, a Washington-based organization of technology luminaries whose mission was to promote innovation and growth in the technology sector. Most recently, he served as a principal with the Flatiron Group in New York, a business strategy and planning advisory service.
"Bob will now be free to focus exclusively on strategic relationship development, building on our success in that area," said Duff.
About Viewpoint
Viewpoint Corporation (VWPT) is a leading provider of interactive media technology and
services for online advertising, website marketing and enterprise applications. Industry leading
and Fortune 500 companies worldwide currently license its interactive media platform, Viewpoint
Media Player. The Viewpoint platform enables marketers to evoke response with greater visual
realism, engage users with superior interactivity and educate consumers through product
interaction to convey a compelling, consistent brand story across their media mix. Headquartered
in New York, the Company also has offices in Los Angeles, London and San Francisco and sales
presence in Chicago and Detroit. Visit Viewpoint at http://www.viewpoint.com.
This press release may contain "forward-looking" statements as that term is defined in the
Private Securities Litigation Reform Act of 1995 and similar expressions that reflect Viewpoint's
current expectations about its future performance, and are subject to risks, uncertainties and
other factors that could cause Viewpoint's actual performance to differ materially from those
expressed in, or implied by, these forward-looking statements. These risks, uncertainties and
factors include those described in the Company's filings and reports on file with the Securities
and Exchange Commission as well as the lack of assurances that Viewpoint will reach cash flow
break even in the current quarter, maintain or increase its current contract volume throughout the
year, or receive expected revenues from its strategic partners, that Samsung will deploy
additional content over its vast network of affiliate web sites, or that Viewpoint will soon launch its
video capability.
Wohl wahr. TRAC hat ja heute auch enttäuscht.
