November 16, 2011 10:00 ET Announces Adding CFO and Senior Project Manager to Team

NEW YORK, NY--(Marketwire - Nov 16, 2011) -, the largest video curation platform on the web, today announced the addition of two key members to its team.

Magnify has brought on board its first full time CFO, Parmjit S. Kang (Parm), to manage the finance and accounting functions of the high growth New York-based SaaS company. Parm also becomes a part of the Company's executive management team, which directs all aspects of company strategy, planning and operations.

Parm joins from where he was CFO; prior to Fab, Parm was CFO/COO of a start-up he cofounded. Parm's experience also includes working in the Corporate Strategy and Venture Innovation groups of JPMorgan Chase and BNY Mellon. He earned an MBA from the Yale School of Management, an MSc from the London School of Economics and a BS in Mathematics from UCLA.

"Parm brings a wealth of startup and financial experience to, at a time when our customer base is growing rapidly and we're building systems to support the business needs," said Magnify CEO Steven Rosenbaum.

Magnify today also announced the addition of Brittany Gevanter to the team as a Senior Web Project Manager. Brittany joins from Best Effect, LLC, a youth empowerment and leadership training company, where she was a Media & Project Manager. Brittany will work closely with new powered customers to bring their sites onto the network, and provide support and consultation to customers looking to modify or expand their use of the platform.

"Brittany is one of those people who can naturally translate technology into a language that people understand," said Rosenbaum. "She's a splendid addition to the team, and promises to make the customer on-boarding process a seamless process."

About Magnify Networks, Inc. platform currently provides video discovery, upload, and encoding to more than 90,000 publishers, ecommerce sites, and communities. Users can immediately deploy a Media 2.0 strategy by enabling them to leverage their best assets and combine them with those curated and uploaded by their community from across the social Web. For more information

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