PACKETVIDEO ADDS TWO MOBILE INDUSTRY VETERANS TO MANAGEMENT TEAM
SAN DIEGO (Oct. 19, 2007) – PacketVideo Corporation (PV) has added two mobile industry veterans to its management team.
Neil Sharma has joined PV as senior vice president of Mobile Operator Strategy and he will be responsible for helping define and communicate PV’s role as a partner in mobile multimedia services to mobile operators worldwide.
He spent the last six years in Microsoft’s Digital Media Division where he was responsible for strategic partnerships with mobile operators for multimedia services. While there, Sharma is credited with jump-starting Microsoft’s digital media presence in the mobile market with partners including Verizon and Cingular (now AT&T). Prior to Microsoft, Sharma was with InfoSpace.
Also joining the PV management team is Jeff Wright, who will serve as PV vice president of Finance. Wright has more than 25 years of broad-based financial experience including more than 22 years with Motorola/Freescale, where he oversaw finance, strategy and operations.
“Microsoft has long been a valued partner with PV and by bringing Neil onto our team, we know that our partnership with Microsoft will generate even more innovative solutions,” said PV CEO James C. Brailean, Ph.D. “Neil and Jeff are two excellent examples of deep expertise that will generate new opportunities for PV and help propel our business forward.”
Both Sharma and Wright joined PV effective Oct. 1.
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About PV: PV is a subsidiary of NextWave Wireless Inc. (NASDAQ: WAVE), is the software innovator powering the world’s leading mobile multimedia services. With more than 250 different devices supported and 160+ million PV multimedia clients deployed around the world, PV has the deepest, broadest and most respected multimedia software expertise in the industry. Founded in 1998, PV is headquartered in San Diego, California with regional offices in the U.S., Japan, Europe and India.
Note Regarding Forward-Looking Statements: This press release contains “forward-looking statements” for purposes of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. There can be no assurances that forward-looking statements will be achieved, and actual events or results could differ materially from the events or results predicted or from any other forward-looking statements made by, or on behalf of, PV, and should not be considered as an indication of future events or results. Important factors that could cause actual events or results to differ materially are described in filings of our parent company, NextWave Wireless Inc. (NASDAQ: WAVE) with the Securities and Exchange Commission. All such documents are available through the SEC’s website at www.sec.gov. PV and NextWave Wireless Inc. make no commitment to revise or update any forward-looking statements in order to reflect changes in events or circumstances after the date any such statement is made, except as may be required pursuant to applicable law.
For further information:
PacketVideo
Media Contact:
Gretchen Griswold
PacketVideo
858-731-5335
griswold@pv.com
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