SAN JOSE, Calif. (July 5, 2000) - Streaming21 Inc., the global provider of next generation streaming technology solutions for the emerging broadband market, announced today that global streaming media and broadband pioneers Doris Yee, general partner at iGlobe Partners, Gwong-Yih Lee, senior director and general manager at Cisco Systems, and Hans G. Schreck, investment manager at Techno Venture Management, now have seats on the company's board of directors.
The new board members are working closely with the Streaming21 executive team to shape the company's corporate strategy to penetrate global markets. Each board member brings deep regional expertise - Asia, Europe and the U.S. - that is accelerating the creation of strong cross-cultural partnerships.
"As we launch the first suite of global broadband streaming media products, the new additions to our board will be invaluable for fine tuning our global business model," said Dr. David Du, CEO at Streaming21. "Our tremendous growth and ongoing success require a team of talented and recognized industry professionals to ensure that we develop both the scalable business infrastructure and key business relationships required to attain and support our ambitious growth objectives."
Doris has over 18 years experience in engineering and technology investment. She is currently a general partner at iGlobe Partners. Before joining iGlobe Partners, Doris held senior management positions at the National Science and Technology Board (NSTB) of Singapore, a government agency promoting R&D and its commercialization. Prior to the NSTB, Doris spent seven years in research & development undertaking projects involving security and communication technologies at Chartered Electronics Industries (a member of the Singapore Technologies Group) and at Telerate, a U.S. financial data services company. Doris earned her Bachelor's Degree in Electrical & Electronics Engineering with Honors in 1985 and MBA in 1992 from the National University of Singapore.
Gwong-Yih Lee is a distinguished entrepreneur, leader and visionary who has established strong partnerships in the emerging telecom market. Lee is currently a senior director and general manager at Cisco Systems in the Multiservice Switching Business Unit. Prior to Cisco Systems, Lee was founder, president and CEO of TransMedia Communications, which builds innovative products that capitalize on the tremendous opportunities created by the convergence of data, voice and video. TransMedia was acquired by Cisco Systems in September of 1999 for approximately $500 million. In his previous success, Lee was founder, president and CEO of Digicom Systems, a company devoted to high speed modem communications applications in both software algorithms and hardware. Lee earned an M.S. degree in Electrical Engineering at New York State University.
Hans G. Schreck joins Streaming21's board with an impressive career in corporate finance and product planning. Schreck is currently an investment manager at Techno Venture Management (TVM), a Boston and Munich based venture fund. Schreck is also chairman of the supervisory board of PolyTrax Information Technology AG and TravelTrainment AG. Prior to joining TVM, Schreck was vice president and investment manager at Siemens Mustang Ventures, the corporate venture resource of Siemens’ Information and Communication Networks group. In this capacity he directed investments in several start-up companies in the U.S., including, Phone.com (Nasdaq: PHCM) and LightLogic Inc. Schreck holds six patents and he earned an M.S. degree from the Cranfield Institute of Technology, UK, and a Dipl.Ing. degree from Fachhochschule Darmstadt, Germany.
Silicon Valley-based Streaming21 is the leading global provider of next
generation streaming technology solutions for the emerging broadband market.
Delivering DVD quality video and CD quality audio, Streaming21s carrier-class
streaming platform enables interactive entertainment, corporate communication
and distance learning for Finance, Entertainment, Education and Telecommunication
markets. Streaming21s patented suite of integrated streaming servers and advanced
applications are designed with a special emphasis on quality, scalability and
manageability. Streaming21s turnkey solutions support all current industry
streaming standards. Streaming21 headquarters are at 170 Knowles Drive, Suite
1, Los Gatos, CA 95032 (Tel: 888.88.STREAM). Streaming21 can be reached on the
Web at http://www.streaming21.com.
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