SOURCE: Music Intelligence Solutions

November 07, 2007 08:00 ET

Music Intelligence Solutions, Inc. Announces David Meredith as CEO

Former VeriSign Senior Vice President and General Manager Brings Wireless and Converged Services Experience to Digital Media Discovery Leader

DANA POINT, CA--(Marketwire - November 7, 2007) - The Board of Directors for Music Intelligence Solutions, Inc., a global digital media corporation, announced that David Meredith has been appointed to serve as the company's Chief Executive Officer.

Meredith served as Senior Vice President and General Manager at VeriSign, the leading provider of digital infrastructure for the networked world, where he successfully managed the growth of the Wireless Commerce Division which served over 150 communication and media customers globally.

"The board unanimously selected David Meredith after an exhaustive CEO search based on his track record leading a complex organization, as well as his strong executive and personal qualities," says Regina Llopis, Music Intelligence Solution's non-executive chairman.

"Music is a key component of social networking as over a third of social network members use music in their profiles and ad spending globally on social networks will approach $3 billion by 2010. While mobile music downloads increased by two thirds in 2006 and global digital music sales doubled in 2006, other online music services such as Internet streaming radio will exceed 150 million users in the next few years. Music Intelligence Solutions can tap into these trends by transforming digital media classification, access and relevance in the same way that search engines have done for online data," says David Meredith in Dana Point, CA, while attending the exclusive Wireless Influencers conference, the world's premier executive forum focused on the growth and future of wireless and digital media.

"As we launch the next generation of our web 2.0 interactive consumer-focused solutions, David's strategic vision, his proven ability to lead top-performing teams and his track record of execution will enable us to capture our full market potential," adds Llopis.

"Music Intelligence Solutions' unique and patented technology has the potential to fundamentally enhance the global consumer's experience with rich digital media, especially digital music across multiple platforms including mobile devices. It's an honor to join the leadership team," adds Meredith.

Prior to VeriSign, Meredith worked at CGI, formerly American Management Systems, as Vice President of Global Solutions for the Communications, Media and Entertainment industry sectors. CGI's clients include eight of the top ten global communication service providers and CGI's annualized revenue run rate is $3.5 billion. Meredith successfully managed three solution lines for Mobile Data Services, Billing and Customer Relationship Management across multiple countries. Previously, Meredith held various management roles at diversified financial services and marketing leader Capital One during its spin-out into a stand-alone company and the ensuing period of rapid growth in customers and revenues.

As an industry thought leader, Meredith has been published in CIO Magazine Online, America's Network and Wireless Week. He has been quoted on communication industry topics and events by USA Today, Washington Post, SmartMoney.Com, Billing World and others. He has spoken on convergent media industry topics on the "Nightly Business Report" for PBS, the First City Club CEO Lecture Series and at the Yankee Group's Wireless Leadership Summit. He earned a Master of Science in the Management of Information Technology from the University of Virginia (UVA) and he graduated with honors from James Madison University with a Finance degree.

Meredith currently chairs the Corporate Relations and Admissions Committee for the University of Virginia (UVA) Board for the Information Technology Masters program. He also serves on the Board of Directors for the Savannah International Music Festival and the Board of the Coastal Business Education Technology Alliance (CBETA). In 2006, He received recognition as one of the "Top 40 under 40" business leaders in the Coastal Empire region by The Business Report and Journal. Meredith's full professional profile can be found at: www.uplaya.com/management.html.

About Music Intelligence Solutions

Music Intelligence Solutions, Inc. uses patent-approved technology to transform the consumer experience globally with rich digital media across multiple platforms through the use of proprietary discovery, automated programming, commercial market prediction, and community networking capabilities. Music Intelligence Solutions offers consumers, social networks, mobile subscribers, artists and leading media companies a powerful new way to create, experience, share, and discover music and visual media. Music Intelligence Solutions "intelligent systems" are a natural evolution of over 15 years of research and development experience in innovative inventions and algorithm breakthroughs in markets such as Internet and telecommunications networks of its sister company AIA in Barcelona.

Music Intelligence Solutions' global headquarters reside in San Francisco, CA and the European headquarters reside in Barcelona, Spain. For more information about Music Intelligence Solutions, visit the company website at www.uplaya.com.

Contact Information

  • Contact:
    Music Intelligence Solutions
    Public Relations
    E-mail: Press@uplaya.com
    Phone: 1-703-217-2352