SOURCE: ABS Capital Partners

ABS Capital Partners

December 16, 2009 09:00 ET

Leading Provider of Advertising Sales Solutions, INVISION, INC., Names Digital Veteran as CEO

Investors Commit Additional Equity to Fund Extension of INVISION Platform

NEW YORK, NY--(Marketwire - December 16, 2009) - INVISION, INC., the leading provider of advertising sales solutions managing the annual sale of over $12 billion in TV inventory for broadcast networks, cable networks, ethnic market media and syndication television, today announced the appointment of Lynda Clarizio as its CEO. She replaces Christine Watkins, founder of INVISION, who has opted to move to the Chairman of the Board, where she will serve in a strategic role. Ms. Clarizio was most recently the President of AOL's Platform-A, the industry's largest digital advertising platform. Existing investors including ABS Capital, Garvin Hill and Ms. Watkins also agreed to commit an additional $5 million to support the Company's growth plan.

"INVISION has built its reputation as the leading provider of media planning and sales solutions in the television industry, and has consistently delivered transformative products to our customers," said Clarizio. "We believe the Company is uniquely positioned to deliver the preeminent cross-platform solution for traditional and advanced television, mobile and digital media, which will be critical as the world of media converges. I very much look forward to contributing to our success as we take INVISION into these new areas."

Offered on both an installed and hosted basis, INVISION's software-based solutions manage the sale of over $12 billion in annual television advertising inventory. Through its optimization technology, the Company helps its customers increase the revenue yield on available advertising inventory. Led by this value proposition and deep vertical industry experience, the Company has established unique, valuable and trusted relationships with a wide array of customers representing over 40 media outlets such as Comcast, NBC Universal, Sony Pictures Television and Univision. With the additional committed financing, the Company plans to extend its advertising sales solutions across multiple media, enabling its customers to expand their audience reach, targeting and sales capabilities across traditional and advanced television, online video, mobile and digital media.

Ms. Clarizio most recently served as President of AOL's Platform-A, the industry's largest digital advertising platform. Prior to that, she was President of, managing the industry's largest third party online advertising network. ( previously was operated as an independent subsidiary of AOL and became part of Platform-A.) Ms. Clarizio held several other positions at AOL, which she joined in 1999. She was the Executive Vice President of AOL's Audience Business responsible for strategy, finance and business development. She also was AOL's Senior Vice President for corporate strategic and financial planning and Senior Vice President for acquisitions and strategic investments. While in the latter role, she led AOL's acquisition of Ms. Clarizio was named one of 2008's "Women to Watch" by Advertising Age and one of 2009's "25 Executives to Watch in Digital Entertainment" by Digital Media Wire. Ms. Clarizio is a 1985 graduate of Harvard Law School and a 1982 graduate of Princeton University.


Founded in 1993, INVISION, INC. ( develops installed and hosted software to support the ad sales and traffic processes for television networks, and syndicators. With offices in New York and Atlanta, INVISION's clients include BET, Bloomberg, Bravo, CNBC, E! Entertainment Television, Galavision, Game Show Network, G4, Gemstar/TV Guide, Hallmark, MGM, NBC Universal, ION, Sony Pictures Television, Telemundo, Telefutura, Tribune, TV Azteca, Univision, Warner Bros. and The Weather Channel.

About ABS Capital Partners

ABS Capital Partners invests in the very best later-stage growth companies, partnering with CEOs to create a bridge to the next critical stage of success. Whether success is defined as a winning IPO like American Public Education, NeuStar, and Rosetta Stone or a rewarding sale such as US Pathology Labs, Course Advisor, and Advanced Disposal, ABS Capital's financial backing and active partnership supports the CEO in tackling the challenges of rapid growth and creating significant long-term value.

Our partners are highly experienced at working with growth companies -- with backgrounds in financial markets, consulting, and as C-level executives themselves. Our practical, down-to-earth approach enables a strong partnership to determine and achieve well-defined goals. Our extensive network of resources delivers vital industry connections to our portfolio companies enabling them to capitalize on their competitive advantage.

ABS Capital Partners specializes in four growth sectors -- business services, health care, media and communications, and software. With over $2 billion raised since inception, including a $420 million in our latest fund, ABS Capital continues to build on its strong reputation for teaming with various market leaders to deliver strong returns to investors. For more information, please visit

About Garvin Hill

Garvin Hill Capital Partners invests in later stage software and Internet companies. The principals of Garvin Hill partner with world class management teams to build highly successful rapidly growing businesses. Garvin Hill was formed in 2009 as a spinout of the Canadian Imperial Bank of Commerce (CIBC). Previously, the firms' founding partners lead CIBC's venture capital investment business. Garvin Hill's first fund has made 10 investments with capital totaling $120 million.

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