Madge.web appoints JP Bommel as vice president, music line of business, to drive the company’s music offerings for the entertainment industry
Wexham Springs, UNITED KINGDOM - Madge.web, a global provider of rich content applications and managed network services, and a subsidiary of Madge Networks N.V. (NASDAQ NM: MADGF), has today announced a new music line of business with the appointment of Jean Pierre (JP) Bommel as Vice President. With an in-depth knowledge of both the music and technology industry, Bommel will introduce rich content services developed specifically for the music industry’s needs.
"Our technology and services create compelling business opportunities for the music industry, in the next few months, JP will be extending our partnerships with key industry players to enable this service to come to fruition." commented Martin Malina, Madge.web’s senior vice president, lines of business. "To drive our new music line of business forward and to gain market share in this emerging area, we needed a person that understood our offering and its implications coupled with an intimate knowledge of the music industry, JP is perfectly suited for the position."
With over 15 years’ experience in global marketing and sales at BMG Entertainment, Sony Music Entertainment, EMI Music and RCA Records, Bommel is a well known and respected record industry executive.
Madge.web is a global provider of rich content applications and managed network services. These services are delivered via the company’s Overnet, by-passing the public Internet to more than 30 countries around the world. Rich content services from Madge.web - architected to handle on-line video, audio, images and interactive media - include encoding services, virtual private networking, managed hosting, storage, streaming media distribution and marketing services, and will soon include workflow management. Further information about Madge.web can be accessed on the World Wide Web at http://www.madgeweb.com
About Madge Networks N.V.
Madge Networks N.V. (NASDAQ NM: MADGF) is a global provider of advanced Internet-centric network services and products, and mission-critical enterprise solutions. The company operates through three primary subsidiaries: Madge.web, a global provider of rich content applications and managed network services; Madge.connect, a global supplier of product solutions for mission-critical enterprise networks; and Red-M, a developer of wireless Internet server products that provide Internet and Intranet access from a wide range of mobile devices in the workplace. The company's main business centers are located in Wexham Springs, United Kingdom; New York City and Dallas, Texas. Information about Madge's complete range of products and services can be accessed on the World Wide Web at http://www.madge.com
Madge Networks N.V. Private Securities Litigation Reform Act Statement
Investors should take note that certain statements in this press release are forward-looking and may not give full weight to all of the potential risks (e.g., difficulty of providing complex IP-based services, the ability to guarantee delivery and performance, the ability to launch such new services and to launch in new countries within the time currently estimated and other risks related to the relatively new field of IP-based services). Forward-looking statements included in this press release include statements which refer to the introduction by Bommel of rich content services developed specifically for the music industry’s needs, JP extending Madge.webs partnerships with key industry players to enable this service to come to fruition, driving Madge.webs new music line of business forward and gaining market share in this emerging area, rich content services from Madge.web soon including workflow management, and other statements which are not completely historical. Actual results, actions or events could differ materially. For more information on risks, please refer to Madge's SEC filings.
Madge, Madge.web, Madge.connect, the Madge logo, Red-M and the Red-M logo are trademarks, and in some jurisdictions may be registered trademarks, of Madge Networks or its affiliated companies. Other trademarks appearing in this press release are the property of their respective owners.
For further information contact:
Tony Patrick / Lucy Dodd
Berkeley PR (+44) 118 988 2992
Madge.web (+44) 1753 661514
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