NeoEdge Networks Taps Experienced Executive for Chief Executive Officer
Posted on: Wednesday, 1 February 2006, 09:00 CST
PALO ALTO, Calif., Feb. 1 /PRNewswire/ -- NeoEdge Networks today announced the appointment of Vic Mahadevan as chief executive officer. Mahadevan was most recently CEO of Maxxan, where he led the company through the development and launch of its next-generation networking infrastructure technologies for the enterprise storage industry.
"NeoEdge Networks has incredible potential and is poised for stellar growth in the digital content distribution market," said Vic Mahadevan, chief executive officer for NeoEdge Networks. "I'm inspired by the talent I'll be working with, the innovation this technology has to offer, and the unique company position within a market that is on the verge of explosive growth."
Mr. Mahadevan is a 27-year veteran of the high tech industry with extensive experience in guiding companies and developing strategic business development agreements. Before serving as CEO of Maxxan, he was CEO and co-founder of iVita Corporation, an enterprise asset management software company. Before starting iVita, he was Vice President and General Manager of the Enterprise Storage and Application Recovery Division for BMC Software. Prior to BMC, he transformed Compaq's Enterprise Storage and Options Division into a $4 Billion industry powerhouse as its VP and General Manager.
Mahadevan holds a Bachelors Degree in Mechanical Engineering from the Indian Institute of Technology and Masters Degrees in Mechanical Engineering and Business Administration from the University of Iowa.
NeoEdge Networks will offer a breakthrough direct-to-consumer service that will give digital product companies a private, secure digital delivery and sales channel to consumers. NeoEdge will give content providers, including game publishers and media companies, greater control over the consumer experience, increase product distribution and ultimately drive more revenue. The service will address a significant concern of consumers and content providers alike by establishing a direct private link, eliminating the fears of hacker and virus intrusion or concerns about digital rights infringement.
NeoEdge Networks expects to make a formal service announcement in the first half of 2006.
About NeoEdge Networks
NeoEdge Networks brings digital content providers closer to their customers. Its innovative, proven technology enables software, game publishers and media providers to digitally distribute, manage and monetize their offerings directly to users on-demand. The NeoEdge service accelerates revenue growth and reduces cost by establishing a direct marketing channel to consumers with a compelling on-line experience.
NeoEdge Networks is available at http://www.neoedgenetworks.com/.
NOTE: NeoEdge and NeoEdge Networks are trademarks of NeoEdge Networks Inc. All other products and services mentioned are trademarks of their respective companies.
CONTACT: Vanessa Camones of Nadel Phelan, Inc., +1-831-440-2401, or vanessa@nadelphelan.com, for NeoEdge Networks.
NeoEdge Networks, Inc.
CONTACT: Vanessa Camones of Nadel Phelan, Inc., +1-831-440-2401, orvanessa@nadelphelan.com, for NeoEdge Networks
Web site: http://www.neoedgenetworks.com/
Source: PRNewswire
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