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Wyndcrest Announces Military Training and Simulation Team

November 6, 2009

PORT ST. LUCIE, Fla., Nov. 6 /PRNewswire/ — Wyndcrest Holdings, parent company of the Academy Award®-winning digital studio Digital Domain, is pleased to announce that it has named Raymond DuBois Chairman of Wyndcrest’s Senior Advisory Group on Military Training and Simulation.

In this role DuBois will build and oversee Wyndcrest’s efforts in bringing Digital Domain’s expertise in digital production and visual effects to simulation and training. Wyndcrest CEO John Textor said, “Mr. DuBois brings a wealth of knowledge in how our military currently uses simulation and visualization for training and operations, which will help us understand how those processes can be enhanced through the application of Digital Domain’s expertise. Once known in military circles as the ‘Mayor of the Pentagon’, he’ll be an incredible asset as we strive to offer U.S. forces the very best opportunities for training.”

DuBois is currently a resident senior advisor at the Center for Strategic and International Studies (CSIS) in Washington, DC. Before joining CSIS in March of 2006, DuBois was the Acting Under Secretary of the Army for over a year and prior to that served as the Deputy Under Secretary of Defense and Director of Administration and Management of the Office of the Secretary of Defense from 2001 to 2005. Prior to his government service, DuBois spent 21 years working in the information technology industry for Digital Equipment Corporation and Applied Learning International and for management consulting firms.

Wyndcrest also announces that James Peppler has joined the company as Director of Military Affairs, overseeing the daily operations of Wyndcrest’s emerging military simulation business. Peppler was formerly a Major in the Air Force where he served as an F-16 pilot and a section commander for the Euro-NATO joint jet pilot training program. During his 21-year military career, Peppler spent countless hours overseeing training activities in simulators, classrooms and in the air.

To kick off its foray into military simulation and training, Wyndcrest will participate in the Interservice/Industry Training, Simulation and Education Conference (I/ITSEC) in Orlando from November 30th to December 4th, 2009 as an exhibitor and presenter. The company will present examples of Digital Domain’s Academy Award-winning® digital imagery and procedurally-generated virtual worlds at booth 849. Wyndcrest will also give attendees a look at the process Digital Domain developed to achieve a believable computer-generated character that audiences would take for a live actor in The Curious Case of Benjamin Button in a presentation at the Innovation Showcase. The company will be actively exploring partnerships at the Conference.

Wyndcrest is actively engaged in construction planning for its new studio in Port St. Lucie to focus on original content creation for animated films and video games, and visual effects for military simulation and training.

About Wyndcrest Holdings

Wyndcrest Holdings, LLC is a Florida-based private holding company focused on technology-related opportunities in Entertainment, Telecommunications and the Internet. Wyndcrest was an early lead investor in Art Technology Group, a Boston-based developer of integrated server-based personalization (CRM) applications that became one of the world’s best performing IPO’s in the late 1990′s. Wyndcrest was also involved, as an organizer and lead investor, in Virtual Bank, an Internet bank start-up that has evolved to become known by its parent company, Lydian Trust Company, a multi-billion dollar diversified financial services company, private bank and private wealth management company. Wyndcrest remains a significant shareholder of Multicast Media Networks, an Atlanta-based provider of technology solutions and broadcast infrastructure for IP-based interactive television networks.

In May of 2006, Wyndcrest purchased Digital Domain, Inc., an Academy Award®-winning digital production studio in Venice, California with a reputation for innovation and artistry. The studio has created visual effects for 75+ movies that have collectively generated more than $12 billion in worldwide box-office sales, including most recently, The Curious Case of Benjamin Button for which it won the Academy Award for Visual Effects.

During its 15 year history, Digital Domain has been recognized with 8 Academy Awards and multiple British Academy (BAFTA) Awards, Visual Effects Society Awards, AICP Awards and even a ‘Grammy’. The company is continually developing ground-breaking technologies and is being recognized for its pioneering work in photo-real digital humans and productions that bring the worlds of movies, games, advertising and the web closer together.

Wyndcrest plans to open a 150,000 square foot digital production studio in Port St. Lucie, Florida. The studio, which will create more than 500 jobs, will be focused on the creation of original content and digital imagery for animation feature films, visual effects-driven live action films and video games.

About Digital Domain

Digital Domain is an Academy Award®-winning digital production studio focused on visual effects for feature film and advertising production. Founded in 1993, the company has built a legacy of achievement, listing Titanic, The Day After Tomorrow and The Curious Case of Benjamin Button among its 75+ film credits. A creative giant in advertising, Digital Domain has created some of the world’s most memorable spots. The studio works with top directors including Michael Bay, Rob Cohen, Clint Eastwood, David Fincher, Joseph Kosinski, Mark Romanek, the Wachowskis and more. Digital Domain is continually pushing into new territory and is being recognized for its pioneering work in photo-real digital humans and productions that bring the worlds of movies, games, advertising and the web closer together. Digital Domain is privately held and based in Venice, California. Director Michael Bay is Co-Chairman of the company. www.digitaldomain.com

About I/ITSEC

The Interservice/Industry Training, Simulation and Education Conference (I/ITSEC) promotes cooperation among the Armed Services, Industry, Academia and various government agencies in pursuit of improved training and education programs, identification of common training issues and development of multiservice programs.

About Mr. Raymond DuBois

Raymond DuBois is a senior adviser at CSIS, where he focuses on international security policy, defense management reform, and initiatives emanating from the 2006 Quadrennial Defense Review. He most recently served as acting under secretary of the army from February 2005 to February 2006. From October 2002 to May 2005, he was director of administration and management and principal staff assistant to Defense Secretary Donald Rumsfeld on all manpower, real estate, and organizational planning. Concurrently, he was the director of Washington Headquarters Services, where as “mayor of the Pentagon,” he directly managed 2,500 employees and a $1.3-billion budget, the 800-person Pentagon Force Protection Agency, and the $5.5-billion Pentagon Renovation Program. From April 2001 through November 2004, DuBois served as the deputy under secretary of defense for installations and environment, during which time he managed the “Base Realignment and Closure” Program and established policy for the $660-billion worldwide inventory of installations, ranges, housing, utilities, and environmental programs.

Mr. DuBois was president of Potomac Strategies International LLC from 1995 to 2000, providing strategic management, marketing, and financial support to companies in the aerospace, electronics, telecommunications, and telemedicine industries. From 1990 to 1995, he worked for the Digital Equipment Corporation as director of strategic plans and policies of the Aerospace, Defense Electronics, and Government Group. He served in the U.S. Army from 1967 to 1969, including nearly 13 months in Vietnam as a combat intelligence operations sergeant, where he received the Army Commendation Medal. He is the recipient of the Department of Defense Medal for Distinguished Public Service, the Army Civilian Distinguished Public Service Award (twice), the Navy Distinguished Public Service Award, the Air Force Decoration for Exceptional Civilian Service, and the Army Commander’s Award for Public Service. Mr. DuBois is currently a member of the Defense Health Board and its NCR BRAC Health Systems Advisory Committee. He is also a member of the Bipartisan Policy Center’s Commission on Stabilizing Fragile States. Mr. DuBois received a B.A. degree from Princeton University.

        CONTACT:  Maureen Saltzer
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SOURCE Wyndcrest Holdings, LLC


Source: newswire



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