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Vidshadow Establishes New Operational Leadership Team to Expand Market Presence Vidshadow announces new chief executive officer and chief technology officer in an effort to expand market presence ahead of the launch of the next version of its on-demand digital video software. Los Angeles, CA (PRWEB) November 3, 2008 -- Vidshadow, Inc. (Pink Sheets:VSHD) (http://www.vidshadow.com), a provider of digital video technology to content providers, publishers, and advertising networks and advertisers for content management, syndication, playback, and advertising, announced today that it has named Atul Patel as Chief Executive Officer, and has added Marc Bir onto the management team as Chief Technology Officer. Vidshadow has completed this strategic management alignment in an effort to expand market presence as it launches new innovative product offerings in the rapidly growing digital video industry.
Atul Patel, who will now serve as CEO, joined Vidshadow earlier this year as Chief Technology Officer after co-founding LeadROI, a lead management and generation software company, which was subsequently acquired by MediaWhiz Holdings. As CTO, Patel led the product and business development of Vidshadow's new strategic direction. Vidshadow now offers a video player and content management system integrated with major video advertising networks, including Yume Networks, Tremor Media, ScanScout, Google Video Ads, SpotXchange, Adap.tv, and Husky Media. As part of this management change, Patel will also join the Board of Directors.
Marc Bir joins Vidshadow as Chief Technology Officer, with over fifteen years of software development and leadership in rich internet software, enterprise applications, and high volume transactional exchanges. Bir most recently served as Director of Architecture and Development for Argent Mortgage through its rapid growth and subsequent acquisition by Citi. He has also served as Chief Architect of back office power-trading systems for Enron and as R&D lead at Triple Point Technology, a commodities trading platform. Bir is a recognized industry expert on Flex and Flash development, presenting at industry events including Adobe MAX, Adobe's developer conference.
"It is an exciting opportunity to offer technology that connects industry stakeholders together seamlessly, which is an increasingly difficult task in this rapidly evolving space," said Atul Patel, CEO of Vidshadow. "Our top priority is strengthening the video capabilities and return-on-investment for our business customers, while enhancing the user experience and engagement of their audiences."
Vidshadow continues to accept new clients for its private beta and will be publicly launching later this year. For more information on the products and services of Vidshadow, please visit http://www.vidshadow.com.
About Vidshadow, Inc. Vidshadow, Inc. (Pink Sheets:VSHD) is a provider of an end-to-end solution for digital video management, syndication, playback, and monetization. Vidshadow provides on-demand software to content producers and licensors for expanded syndication and increased transparency, publishers and distributors for end-user experiences and engagement, and advertising networks and agencies to enhance audience targeting and reach. Vidshadow's technology platform provides a seamless integration between these parties, and also integrates other third-party services and solutions. The company is headquartered in Greater Los Angeles. For more information, please visit http://www.vidshadow.com.
Forward Looking Statements Statements contained in this press release, which are not historical facts, are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based largely on current expectations and are subject to a number of known and unknown risks, uncertainties and other factors beyond the Company's control that could cause actual events and results to differ materially from these statements. These risks include, without limitation, that there can be no assurance that any strategic opportunities will be available to the Company and that any strategic opportunities may only be available on terms not acceptable to the Company. These statements are not guarantees of future performance, and readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Vidshadow, Inc. undertakes no obligation to update publicly any forward-looking statements.
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