NTN Buzztime Announces Dario L. Santana To Become New CEO
NTN Buzztime Announces Dario L. Santana To Become New CEO
Executive to Start July 10, 2005
CARLSBAD, Calif., June 12 /PRNewswire-FirstCall/ -- NTN Buzztime, Inc. (AMEX:NTN), a leading developer and distributor of interactive entertainment games and technology, today announced that Dario L. Santana will become its next President and Chief Executive Officer, commencing July 10, 2006.
Mr. Santana was most recently President of Tyco Fire & Security - Latin America, a services and technology company with annual revenues approaching $300M. Prior to joining Tyco in October 2002, he was the President and COO of Aerocast, Inc. a streaming media start-up, which delivered entertainment quality video to the broadband enabled home. Mr. Santana was an executive with General Instrument/Motorola Broadband from 1992 until 2000; his last role at Motorola was VP/GM Advanced Network Systems. He holds a MBA from the Harvard Business School and an engineering degree from Purdue University.
The announcement concludes a six-month board search for a successor, following the December 20, 2005 announcement by CEO Stanley Kinsey that he would not seek renewal of his employment contract in 2006, but would continue running the company until a successor was found. Mr. Santana will commence his responsibilities on July 10, 2006.
"Dario is a great fit for our company," said Kinsey. "His experience in growing businesses and his knowledge of media distribution are exactly what we were looking for in an executive. We are very excited to have Dario stepping into this opportunity."
"Thanks to the efforts of Stan and his team, this company has the market position, talent, technology and entertainment assets needed to succeed in this exciting industry," said Santana. "I look forward to leading NTN Buzztime and, together with its management team, driving this company to realize its full potential in the coming years."
Additionally, Mr. Barry Bergsman, the current Lead Outside Director, will become Chairman of the company on July 10, 2006. Mr. Kinsey will remain a member of the board of directors. Mr. Santana will be introduced to shareholders at the Company's annual meeting in Carlsbad, California on June 14, 2006.
About NTN Buzztime, Inc.
Based in Carlsbad, CA, NTN Buzztime, Inc. (AMEX:NTN) has been a leader in interactive television entertainment for over 20 years and distributes its interactive games and technology through numerous platforms including cable TV, satellite TV, mobile phones, electronic games and books, as well as its own Buzztime Network which is available on TVs in over 4,000 restaurants, sports bars and pubs throughout North America and the United Kingdom. For more information, please see http://www.buzztime.com/.
This release contains forward-looking statements which reflect management's current views of future events and operations and assumptions that are subject to risks and uncertainties that could cause circumstances to differ materially. Please see NTN Buzztime, Inc.'s recent filings with the Securities and Exchange Commission for information about other risks that may affect the Company. All forward-looking statements included in this release are based on information available to us on the date hereof. These statements speak only as of the date hereof, and NTN Buzztime, Inc. does not undertake to publicly update or revise any of its forward-looking statements, even if experience or future changes show that the indicated results or events will not be realized.
CONTACT:
Andy Wrobel
Chief Financial Officer
NTN Buzztime, Inc.
(760) 930-1177
Andy.Wrobel@ntn.com
Source: NTN Buzztime, Inc.
CONTACT: Andy Wrobel, Chief Financial Officer of NTN Buzztime, Inc.,
+1-760-930-1177, Andy.Wrobel@ntn.com
Web site: http://www.buzztime.com/
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