Peter Chou Named Chairman of The Board of Directors of Digital Domain Holdings Limited

Peter Chou Named Chairman of The Board of Directors of Digital Domain Holdings Limited

HONG KONG, Sept. 15, 2015 /PRNewswire/ -- It was announced Friday, 11 September 2015, that Peter Chou has been named Chairman of the board of directors of Digital Domain Holdings Limited ("DDHL", HK stock code: 547), the parent company of the Academy Award®-winning Hollywood digital production studio Digital Domain 3.0 Group. Mr. Chou, who co-founded HTC Corporation in 1997 and served as its CEO, most recently held the title of Head of Future Development where he has been spearheading revolutionary technology development including HTC's new VR platform, Vive. Mr. Chou will take his industry changing experience to his new role at DDHL, spearhead upcoming creative initiatives and driving future innovation. Daniel Seah will continue in his role as CEO and Executive Director of DDHL.

"We are thrilled that a person with Peter's history of innovation and cutting edge thinking will be joining the DDHL family," said Daniel Seah, CEO and Executive Director, DDHL. "He is a pioneer in the technology industry and as we continue to expand our interests in VR, immersive experiences and new technology, he is the perfect person to help lead DDHL's exciting future."

A visionary in the technology world, Mr. Chou's has recently been focusing his ingenuity and efforts in the exploding VR space. An exciting addition to an ever expanding DDHL, Mr. Chou's arrival comes as DDHL has been expanding its reach in the exploding worlds of immersive entertainment and virtual reality.

"It is an exciting time at DDHL," said Peter Chou, Chairman and Executive Director of DDHL. "With over two decades of innovation and award winning artistry at Digital Domain, they have been a leader in the media industry. We look to leverage this outstanding creativity and leadership and take DDHL into the next era of immersive entertainment."

About Mr. Peter Chou A proven leader, Mr. Chou has shown a relentless ability to drive innovative concepts into world class products. Mr. Chou co-founded HTC Corporation in 1997. During his term as CEO at HTC Corporation, Mr. Chou led the company to transition from an OEM manufacturer to one of the world's leading smart phone and technology industry players. Prior to founding HTC Corporation, Mr. Chou worked at Digital Equipment Corporation.

About Digital Domain Holdings Limited

Digital Domain Holdings Limited ("DDHL" and together with its subsidiaries, the "Group") is listed on the Main Board of The Stock Exchange of Hong Kong Limited (stock code: 547). DDHL is a diversified investment holding company with its operating and investment businesses spanning Hong Kong, the United States, Canada, Mainland China and other countries, encompassing such businesses as media entertainment, visual effects production, co-production of movies, property investment, trading, etc.

On 4 July 2013, the Group acquired Digital Domain 3.0 Group comprising Digital Domain 3.0, Inc., Digital Domain Productions 3.0 (BC), Ltd. and Mothership Media, Inc. Digital Domain 3.0 Group has a history of about 20 years and has manifested itself as the leading digital production company. As one of the biggest VFX service providers in the US media industry, it is mainly engaged in the production of VFX, animations and movies.

SOURCE Digital Domain Holdings Limited

Digital Domain Holdings Limited

CONTACT: Stimulus Investor Relations Ltd. , Ms. Casey Tang / Ms. Hill Ho, +852 9200 3513 / +852 6505 1569, casey.tang@stimulus-ir.com / hill.ho@stimulus-ir.com


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