SOURCE: Avot Media

January 08, 2008 07:00 ET

Mobile Video Innovator Avot Media Names DeWayne A. Nelon CEO

Industry Veteran Has Strong Leadership and Management Capabilities, as Well as Proven Ability to Raise Capital

SUNNYVALE, CA--(Marketwire - January 8, 2008) - Avot Media, an innovator in intelligent search, near real-time streaming and personalization of video delivery to web-enabled mobile devices, today announced the appointment of DeWayne A. Nelon as chief executive officer. He succeeds acting CEO, Atam Lalchandani, who will continue his role as Avot Media's chairman of the board and chief financial officer.

A telecommunications industry veteran with more than 20 years of experience, Nelon previously served as president and chief executive officer of Ortiva Wireless, a startup company that provides server-based software to enhance mobile television, video, audio and web browsing. While at Ortiva, Nelon successfully raised $15 million in series B funding for the company. He also closed major deals with marquee wireless and telecommunications customers.

Prior to joining Ortiva, Nelon served as president, North American Telecoms, for LogicaCMG(now Acision), a major provider of IT and wireless telecommunications systems with worldwide revenues of more than $3 billion. Under his leadership, North American revenues climbed from $12M in 2001 to $82M in 2005. Nelon also established and developed relationships with key carriers such as Cingular, AT&T Wireless, T-Mobile USA, Time-Warner and SBC.

Nelon previously held executive positions at XO Communications, where he had overall management responsibility for a $61 million dollar telecommunications business, and Nortel Networks, where he focused on emerging telecommunications markets generating more than $300 million in revenue.

"DeWayne Nelon represents a rare blend of industry experience and entrepreneurial drive," said Atam Lalchandani, chairman of the board and chief financial officer at Avot Media. "He thoroughly understands how to run a multimillion dollar business, but he also knows how to raise capital and revenues in order to grow Avot Media into a multimillion dollar business. Our company has developed a unique offering for the rapidly emerging mobile video market, and DeWayne is the right person at the right time to help us maximize this enormous market opportunity."

Avot Media is the provider of Avot mV, the first video solution that allows mobile users to find, watch and share any video on the web with optimal display quality. Avot Media's unique streaming technology allows users to view videos in near real-time with television-quality playback. This platform also provides unlimited video access, intelligent, context-based search capabilities, stored user preferences, and personalized playback lists that can be shared with other mobile users.

"Use of mobile video is growing exponentially as users realize they can view web-based video on their wireless handsets," noted J. Gerry Purdy, Ph.D., vice president and chief analyst at Frost & Sullivan. "But, up to now, the actual experience of watching jittery, poor-quality video content with long latency on a small wireless-enabled display has been painful. With Avot mV, mobile users finally have a near real-time streaming video solution that delivers seamless jitter-free quality video playback. Avot Media's progression, which includes innovative video search, is set to usher in a brand new era for mobile video. Spearheading this drive is DeWayne Nelon who has the executive leadership and fund-raising talent needed to make that happen."

"Throughout my telecommunications career, I have had many opportunities to work with top-tier carriers," said DeWayne Nelon, chief executive officer at Avot Media, reflecting on his two decades of industry experience. "But my real passion has always been the consumer side of the equation. Avot Media's mobile video solution focuses exclusively on delivering the best possible video experience to mobile users so they can enjoy television-quality viewing wherever they are. Providing this kind of quality at the individual consumer level is what the future of mobile video is all about, and I am delighted to be leading Avot Media toward that future."

DeWayne A. Nelon is a native of Fort Worth, Texas, and holds a Masters Degree in Business Administration from the University of Texas.

About Avot Media, Inc.

Avot Media is an innovator in intelligent search, near real-time streaming and personalization of video delivery to web-enabled mobile devices. Avot mV allows users to play any web video on any web-enabled mobile device in near real-time with a high-quality image. Founded in 2006, the company is led by industry veterans, and is headquartered in Sunnyvale, California. For more information, visit www.avotmedia.com.

Avot Media, Avot Media logo, and Avot mV are registered trademarks of Avot Media, Inc. All other trademarks are the property of their respective owners.

Contact Information

  • Media Contact:
    Donna Candelori
    Candelori Communications Inc.
    408-774-3414
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