SOURCE: RTG Ventures, Inc.

June 16, 2010 07:55 ET

RTG Ventures, Inc. Re-Integrates Chief Executive Officer and President Roles

NEW YORK, NY--(Marketwire - June 16, 2010) - RTGV (OTCBB: RTGV): The Board of RTG Ventures, Inc. has appointed Dominic Hawes-Fairley to the combined role of Chief Executive Officer (CEO) and President and named him to the Board of the company. The move re-integrates the two senior executive positions in the company into one role, simplifying reporting lines and reducing corporate overhead, reinforcing the company's stated aim to operate a lean organization. The Board now comprises four members: Linda Perry, Barrington Fludgate, Dominic Hawes-Fairley and Neil Gray, Chairman, who approved the new appointment.

Perry, Chair of RTG Ventures' Nomination Committee, commented: "As we move deeper and deeper into the businesses of media technology, it makes sense to align the executive leadership of the company with the demands of that market. Over the past six months, we've made a lot of progress, but things are about to start moving a great deal faster. As CEO, Dominic will roll up his sleeves and drive the business forward."

Hawes-Fairley, 42, is an entrepreneurial executive with a strong background in marketing both technology and media companies. He has spent the last ten years building or consulting businesses in rapid growth and has been an early adopter of new technology who has recently focused on cloud computing and the retail market. He previously served as Vice President Marketing at Europe's largest technology incubator where was responsible for assisting 22 portfolio companies in defining and executing their business models. At RTG Ventures, Hawes-Fairley has led development of the company's vision and the execution of the business plan.

"There's an exciting challenge ahead," said Hawes-Fairley. "RTG Ventures has a unique vision and we believe that our technology will play an important part in helping media rights owners get proper remuneration for the assets they own. The next twelve months will see us grow out services that utilize companies in each of the three Divisions within RTG Ventures -- Media Systems, Payment Systems and Software & Services -- to provide turnkey media monetization solutions."

About RTG Ventures, Inc.
RTG Ventures, Inc. is a NASDAQ BB listed company (OTCBB: RTGV) offering a turnkey media monetization solution to rights owners of music video content. At the heart of RTGV's total product offering is a Monetization Platform which allows rights owners to define and tag media content in detail, set and enforce rights management and distribution rules, receive payment on distribution and obtain detailed analytics in real time.

RTG Ventures is organized as three divisions: Media Systems, Payment Systems and Software and Services, each of which contains both wholly-owned companies and joint ventures with independent business plans, strategies and management. In addition to servicing their discrete markets, these companies all contribute to RTG Venture's total product offering for media rights owners.

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