ICTV Names Christine Munson, Veteran Silicon Valley Finance Executive, as CFO

ICTV Names Christine Munson, Veteran Silicon Valley Finance Executive, as CFO

LOS GATOS, Calif., June 14 /PRNewswire/ -- ICTV, which enables actionable Web-driven media through television, announced today that veteran senior finance executive Christine Munson has joined the company as Chief Financial Officer.

Munson, who has substantial experience in raising capital and has led three Initial Public Offerings, has spent much of the past two decades as CFO or vice president of finance for venture-backed technology firms in the San Francisco Bay area and Silicon Valley. Prior to joining ICTV, she was vice president, finance for MarketTools, Inc., a San Francisco-based market research company.

"The desire by consumers to view and engage with personalized, Web-driven media on the television has resulted in a significant rise in interest in our ActiveVideo Distribution Network," said Jeff Miller, president and CEO of ICTV. "Christine Munson's expertise and successful track record will ensure the solid financial foundation ICTV needs as we build out the network enabling programmers, advertisers and operators to engage viewers with high-quality video and targeted, interactive advertisements."

During her career, Christine has successfully taken three companies public: Gadzoox Network, Inc., a manufacturer of gigabit fiber channel networking products for storage area networks, where she was CFO and vice president of finance and administration from 1997-2000; the California Culinary Academy, Inc., a professional school for which she served as Chief Financial and Administrative Officer, vice president of finance and assistant corporate secretary from 1993-1996; and Document Technologies, Inc., an image processing software and hardware firm for which she served as CFO, vice president of finance and corporate secretary from 1989-93.

Christine also positioned Netcarta, a software company for which she served as CFO and assistant corporate secretary, for sale to Microsoft for triple the Netcarta backers' investment, and as CFO executed the sale of Weldon Owen Publishing, Inc., a San Francisco-based international book publisher. In addition, she has served as CFO of Kasenna, a video-over-IP software and hardware company, where she closed $14 million in equity financing; Portera Systems, a software firm; and Liquid Thinking, Inc., a consultancy. Christine began her career as manager, emerging business practice with Pricewaterhouse from 1983-89.

A Certified Public Accountant, Christine earned her B.S. in Accounting from San Jose State University.

ActiveVideo allows network operators and programmers to provide viewers the vast choice of the Web media experience with the quality and responsiveness television viewers demand. The personalized experience includes access on television to entire libraries of continuously updated video, navigational elements and channel branding. ActiveVideo supports the targeted, interactive banner advertisements and valuable ad showcases that are driving online advertising revenues to very high growth rates. ActiveVideo P:Mosaic(TM), the multichannel industry's first customizable, personalized video-rich navigation system, provides easy-to-use navigation, allowing subscribers to view live video from and navigate through a number of channels at a single glance.

ActiveVideo blends linear and on-demand programming with broadband content in the network into personalized MPEG video streams for display on any digital set-top box. Because content can be created and modified using standard Web tools and talent, network operators, programmers and advertisers can create content once for delivery via the ActiveVideo Distribution Network to every cable and IPTV set-top box, regardless of hardware, middleware and guide differences. Viewers can navigate through, and interact with, individual elements of the stream using key clicks of their remote controls.

About ICTV

ICTV(R) delivers ActiveVideo, a network-based platform enabling Web media to be universally distributed through television and other devices. ActiveVideo engages viewers in a dynamic environment with high-quality video and targeted, interactive advertisements. The platform uses standards-based distribution technologies allowing network operators, programmers and advertisers to extend Web workflows to new screens and provide a limitless array of personalized content that is enhanced with Web-driven interaction. The company is based in the heart of Silicon Valley, with offices in Los Angeles, Baltimore and the United Kingdom. For more information, visit www.ictv.com.

Source: ICTV

CONTACT: Paul Schneider of PSPR, Inc., +1-215-702-9784 (office),
+1-215-817-4384 (mobile), pspr@att.net, for ICTV

Web site:

http://www.ictv.com/

-------
Profile: intent