Expanding Management Team a Result of Company’s Explosive Growth
SAN FRANCISCO March 14, 2000 –Ligos Technology, the leading developer of real-time MPEG software encoding solutions, announced today that industry veteran Michael Downs has joined the company as executive director, product management & strategic relationships.
Michael joins Ligos after more than 20 years of management experience in the personal computer industry. He spent the last five years with Ulead Systems, a leading video and imaging software company, where he was the director for product management, product licensing and strategic relations. Prior to Ulead, Michael was with Tektronix, Linographics and Tandy business products division.
“Michael’s vast knowledge of the video industry will be a tremendous asset to Ligos as we are constantly forming strategic new partnerships," said Peter Forman, chief executive officer and president of Ligos Technology. “As a key member of our growing management team, Michael will be instrumental in the company as we continue to redefine software-based MPEG technology."
Ligos’ GoMotion(TM) MPEG-2 and the LSX-MPEG Encoder(TM) 2.0 technology has become the industry standard in MPEG-2 software encoding solutions for the PC. Ligos’ technology is available to OEMs as a software development kit (SDK). Presently, over 14 leaders in the digital video industry have licensed either GoMotion or the LSX-MPEG Encoder.
“I am excited about joining such a fast growing company with such a strong team and innovative technology," said Michael Downs. “With my extensive contacts and experience in the video products industry, I will be able to make immediate contributions to the success of Ligos. The company has a very bright future."
About Ligos Technology
Headquartered in San Francisco, Ligos Technology is the leading worldwide provider of real-time software-only MPEG encoding and decoding technology. Ligos is an award-winning developer of multimedia software, dedicated to delivering the highest quality MPEG solutions to enable the future of digital video on the desktop and beyond.
Current industry leaders using Ligos’ MPEG technology include: ATI, Avid, 3dfx, Cinax, Compaq, CSK Research, Dazzle, Gateway, Guillemot, Hauppauge, Matrox, MGI and Ulead. For more information on Ligos Technology, MPEG products or licensing, access the company Web site at http://www.ligos.c