SOURCE: Verimatrix

Verimatrix

April 28, 2014 09:40 ET

Verimatrix Appoints Steve Oetegenn as President

Proven Leader Plays Pivotal Role to Execute on Software-Empowered Video Operator Strategy

SAN DIEGO, CA--(Marketwired - Apr 28, 2014) - Verimatrix, the specialist in securing and enhancing revenue for multi-network, multi-screen digital TV services around the globe, today announced that Steve Oetegenn has been named president of the company, to play a more strategic role in the continued growth of the company as more large digital video operators are transitioning to an IP-centric network infrastructure. With his renewed focus, Oetegenn will be driving a higher level of customer engagement that is required to strengthen and grow the company's global pay-TV operator base.

"Steve's enhanced role at Verimatrix is the logical progression of our strategic business development initiatives, as he has played a central role in establishing our strong market presence and reputation for the last 10 years," said Tom Munro, CEO of Verimatrix. "Our vision of revenue security within the software-empowered video operator model requires a more sophisticated approach to the market and our customers. Steve is the ideal person to lead this effort."

Oetegenn has specialized in digital security and anti-piracy for nearly 20 years working with government agencies, Fortune 500 companies and major Hollywood studios. Prior to joining Verimatrix, he was COO of MediaSec Technologies LLC, a pioneer and leader in the field of digital watermarking, COO of Argus Systems Group, a leading provider of Internet server security software, and CEO of DCE Communication Ltd, a worldwide provider of business messaging systems. During his tenure at Verimatrix, he has presented at numerous industry and business conferences including the company's successful Multi-network Forum series and CEO Summits. As president, he will also continue to lead the sales and marketing efforts.

The company has reached several significant milestones over the past year including the build-out of its new San Diego headquarters, winning the TV Connect award as Best Multiscreen TV Solution for VCAS™ for Internet TV, surpassing 40 million screens protected with nearly 750 operators in 110+ countries and the unprecedented recognition as the number one global leader in software-based content security for seven straight years by MRG/SNL Kagan.

Follow Oetegenn on our Pay TV Views blog and download the "Rise of the Software-Empowered Video Operator" executive e-book to learn more about the inevitable transition to an IP-centric network.

About Verimatrix
Verimatrix specializes in securing and enhancing revenue for multi-network, multi-screen digital TV services around the globe. The award-winning and independently audited Verimatrix Video Content Authority System (VCAS™) and ViewRight® solutions enable cable, satellite, terrestrial, IPTV and OTT operators to cost-effectively extend their networks and enable new business models. As the established leader in cardless security solutions, the company has leveraged its innovative 3-Dimensional Security approach to provide harmonized rights for premium content delivery to a range of devices over new hybrid network combinations.

Maintaining close relationships with major studios, broadcasters, standards organizations and its unmatched partner ecosystem enables Verimatrix to provide a unique perspective on video business issues beyond content security as operators introduce new services to take advantage of the proliferation of connected devices. Verimatrix is an ISO 9001:2008 certified company. For more information, please visit www.verimatrix.com, our Pay TV Views blog and follow us at @verimatrixinc, Facebook and LinkedIn to join the conversation.