Brilliant Digital Hires New CFO/COO; Former Co-Founder of Phase2Media Inc. and Disney Online Executive, Robert Chmiel, Joins Company.Business/Entertainment Editors LOS ANGELES--(BUSINESS WIRE)--Jan. 3, 2001 Following the successful introduction of its first Brilliant Animated Music (BAM Bam (bäm), town (1996 pop. 70,100), Kerman prov., SE Iran, on the intermittent Bam River. Located on the western edge of the Dasht-e Lut, Bam is a trade center in a henna-growing region. Dates and other fruits are also grown; camels are raised. ) Web-video format under a refocused strategy for producing and delivering entertainment content for the Internet, Brilliant Digital Entertainment Inc. (AMEX AMEX See: American Stock Exchange :BDE See Borland Database Engine. ) announced the appointment of Robert Chmiel to the newly combined position of Chief Financial Officer/Chief Operating Officer. In this role as CFO/COO, Chmiel will be responsible for directing operations in executing the company's latest initiatives in music and advertising. In addition Chmiel will actively participate in raising further capital to support the company's existing operations and to establish the focus necessary to deliver profitability within a condensed con·dense v. con·densed, con·dens·ing, con·dens·es v.tr. 1. To reduce the volume or compass of. 2. To make more concise; abridge or shorten. 3. Physics a. time frame. Chmiel succeeds former Brilliant CFO See Chief Financial Officer. , Michael Ozen, who recently accepted a similar position with another firm. "Rob quickly understood Brilliant's vision to deliver superior content to the online music and advertising categories, and that our number one priority is to achieve short term profitability and growth," stated Kevin Bermeister Kevin Bermeister has developed substantial businesses in the computers, video games and multimedia industries. He established Ozisoft in 1982, based in Sydney, Australia, which was one of the first interactive multimedia companies. , president of Brilliant Digital Entertainment. "Rob's strong background in finance and Internet-related operations will help us to chart the course for achieving these goals and ultimately increasing share value for all BDE stockholders. Mr. Chmiel is an important and timely addition to the Brilliant team," stated Bermeister. Chmiel joins Brilliant from Phase2Media Inc. where he was President/COO and co-founder of this privately held Internet advertising sales and marketing firm. They successfully raised more than $28M in two venture led rounds. Before that, Chmiel was chief financial officer for BarnesandNoble.com prior to the company's IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. . Chmiel began his entertainment-related experience with The Walt Disney Company, where he served as vice president, Finance & Operations for the original team which launched Disney's online operations, after having joined the company in 1992 as Director of Finance & Operations for Disney Magazine Publishing. Chmiel earned his MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration from the Wharton School of Business at the University of Pennsylvania (body, education) University of Pennsylvania - The home of ENIAC and Machiavelli. http://upenn.edu/. Address: Philadelphia, PA, USA. in 1987. About Brilliant Digital Entertainment and b3d Brilliant Digital Entertainment (AMEX:BDE) is a leading entertainment content producer, technology developer and tools provider with an established library of episodic serial content created for the Internet. These 3D digitally animated interactive series feature popular television, comic book, and motion picture characters that include Superman, Xena, KISS, Popeye and Ace Ventura. The company recently launched its new interactive Web-music videos, Brilliant Animated Music (BAM), featuring top recording artists in 3D animation. Developed using Brilliant's proprietary suite of b3d software tools, the full-screen productions have smaller files for faster downloads. Content is distributed broadly via Internet syndication to partners including Yahoo, Warner Brothers On-line, Roadrunner roadrunner or chaparral cock Either of two species of terrestrial cuckoo, especially Geococcyx californianus (family Cuculidae), of Mexican and southwestern U.S. deserts. About 22 in. , @Home and VH1.com. Find out more at http://www.brilliantdigital.com. Brilliant's b3d Studio is a suite of authoring tools that enable the creation and presentation of interactive streaming 3D Web content. These tools were developed to meet the production needs of studios, production houses, Web content suppliers, advertising agencies, e-commerce companies and educational institutions to produce 3D animation for both Internet and television distribution. Features include the already announced ScriptNav, TalkTrack and the Digital Projector. For information visit http://www.b3d.com. Information about Forward Looking Statements Statements in this news release that relate to (i) Brilliant raising additional capital, (ii) Brilliant becoming profitable within a condensed time frame, and (iii) other projections or events are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended. Actual results may differ materially due to a variety of factors, including those factors set forth in Brilliant's most recently filed Form 10-KSB report and 10-QSB report which are available from Brilliant Digital Entertainment's Investor Relations Investor relations The process by which the corporation communicates with its investors. department and may be obtained by calling 818/615-1500. |
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