November 18, 2009 (London, UK) Digital Vision has today named Michael Freudenthal as CEO, starting as of December. This announcement follows strong Q3 results and continues the company’s investment in key staff to develop and deliver innovative image enhancement and restoration solutions. Klas Åström, who has been instrumental in driving Digital Vision forward over the last 12 months, will remain with the company as CFO.
Freudenthal, who has held key high-level roles in the technology sector, will lead the company from its Swedish headquarters in Stockholm. He recently held the position of VP and COO at IQUBE, one of the Nordic region’s leading centres for entrepreneurship and early-stage growth companies. He was also CEO of mobile technology group Mobyson, Group Managing Director of Letsbuyit.com, COO and VP of AcadeMedia and Managing Director and co-owner of Lighthouse Software.
“I am delighted to join Digital Vision and I pledge my commitment to the company’s continued success in the future. Technology in the film and video content creation sector has evolved rapidly in recent years and Digital Vision’s dedication to the global creative community will see the company continue to drive the industry forward” says Freudenthal.
He adds, “My strong background in growing technology and leading-edge companies to serve a wider audience brings another dimension to an extremely committed management team. There is always an opportunity for growth even in the recent troubled markets. Digital Vision has the capability to not only grow market share but also expand its portfolio into other technology sectors that require the company’s unique science.”
About Digital Vision
Digital Vision provides innovative image restoration, enhancement, color correction and data conforming systems that major movie studios, television networks and post production facilities use to master and deliver feature films, TV programs and commercials. The company’s Nucoda product line provides a strong suite of products for tapeless and non linear grading for HD broadcast and 2k/4k digital intermediate productions. The company’s award-winning products are a standard of the media and entertainment industry and are deployed at top facilities and broadcasters around the world.
Digital Vision AB was founded in 1988 and is headquartered in Stockholm, Sweden, with three wholly owned subsidiaries, Digital Vision (US) in Los Angeles, California; Digital Vision UK in London, England; and Digital Vision in Hong Kong, China. The company maintains its global presence through a network of qualified distributors. Digital Vision is listed on the Stockholm stock exchange. For further information, go to www.digitalvision.se.
All trademarks used herein, whether recognized or not, are the properties of their respective companies.
# # #
Digital Vision Contact:
Tel: +1 818 769-8111
USA PR Contact:
Tel: +1 818 508 0450
Mob: +1 323 806 9696
EMEA & Asia PR Contact:
Tel: +44 (0)1932 253624
Mob: +44 (0)7740 948065