I have been present to witness the birth of many great companies including eBay, Google and Facebook. In my opinion, Savtira’s cloud commerce platform has the qualities that fill a massive void in the market landscape,” said Fanning.
Tampa, FL (PRWEB) November 02, 2011
Founding chairman and CEO of the original, most-popular peer-to-peer music file sharing system, Napster, has joined the advisory board of Savtira Corporation, a new B2B cloud commerce solutions company. Mr. John W. Fanning, also founder of NetMovies, a joint venture with Blockbuster, recently joined Savtira’s advisory board as a resource of knowledge in tech specialties such as streaming, distribution of content aggregation and video-on-demand (VOD).
“John is a pioneer in Internet technologies with a valiant appetite for disruptive innovation that introduces new possibilities and opportunities on a business-to-business and business-to-consumer scale,” said Savtira CEO, Timothy Roberts. “We are honored to have him as a part of our advisory board and are confident that he will provide invaluable knowledge to Savtira.”
Fanning founded Napster with his nephew, Shawn Fanning, in 1998. Napster, now an online music store, is owned and operated by Best Buy. With more than 20 years of experience in Internet and technology, Fanning has introduced such net-related innovations as client-server game play, voice over IP, and auto-upgrading/authentication. He holds patents for Real Time Search Engine, and Use Sensitive Distribution of Data Files Between Users. Since 1994, he founded numerous successful Internet ventures including, Napster, NetGames, NetMovies, and NetCapital.
“I have been present to witness the birth of many great companies including eBay, Google and Facebook. In my opinion, Savtira’s cloud commerce platform has the qualities that fill a massive void in the market landscape,”
said Fanning. “I look forward to working with the company and playing a substantial role on the advisory board.”
Fanning is known not only as an Internet entrepreneur but also as a financial guru from his work at NetCapital in helping finance early state Internet companies and from having worked at Fidelity Investments in Boston. Additionally, Fanning’s pioneering expands from the music industry to games on and off a virtual arena. In collaboration with partners, Fanning built the first Internet chess server, a project that led to the development of Chess.net, an Internet chess service that is currently owned by NetGames and part of the NetCapital portfolio. NetCapital is a boutique equity firm where Fanning serves as the Chairman.
“John’s background in technology, along with his financial expertise makes him a true asset to our board,” said Roberts. “The level of experience and knowledge is insurmountable; and the possibilities to learn and grow are endless with such strong professionals like John guiding our company toward success.”
About Savtira Corporation
Based in Tampa, Florida, Savtira is in the business of digital distribution with a software-as-a-service (SaaS) e-commerce platform that is a turnkey system for the distribution, marketing, merchandising, and selling of both digital media and physical goods in a single store and a single, unified shopping cart. Savtira-powered stores are designed to meet the specific needs of retail partners so no two e-stores are alike. All Savtira e-stores are custom-branded for our partners. Extra features and services are offered on an à la carte basis. Savtira is also building the next carrier-class “Entertainment Distribution Network” (EDN), streaming all digital media from the cloud, with a feature set that eclipses anything on the market. For more information on Savtira, visit: http://www.Savtira.com or call 813.402.0123. Follow us on Twitter at: http://Twitter.com/Savtira.
Savtira is a registered trademark. All other product and service names mentioned are the trademarks of their respective companies.