Dolby Laboratories Appoints Francois Modarresse as New Consumer Division Vice President of Worldwide Marketing.SAN FRANCISCO San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden -- Dolby Laboratories “Dolby” redirects here. For other uses, see Dolby (disambiguation). Dolby Laboratories, Inc. (Dolby Labs) (NYSE: DLB) is a USA-based company specializing in audio compression and reproduction. , Inc. (NYSE NYSE See: New York Stock Exchange :DLB DLB Dementia with Lewy Bodies DLB Dynamic Load Balancing DLB Don't Look Back DLB Digital Lecture Board (University of Mannheim, Germany) DLB Digital Loopback DLB Downline Builder (multi-level marketing) ), announced today that Francois Modarresse has joined the company as Vice President of Worldwide Marketing for the company's Consumer Division. Modarresse brings more than 21 years of consumer electronics and digital media marketing experience to the organization. In this new role, Modarresse is responsible for leading and executing the global marketing efforts of the Consumer Division worldwide, including increasing product and technology visibility and demand, leveraging untapped markets, developing new products, and building new strategic relationships. "The market is expanding rapidly in the HD arena in both broadcast and optical media, and global demand for a high quality entertainment experience is growing," said Ramzi Haidamus, Senior Vice President and General Manager, Dolby Laboratories Licensing Corporation. "We are pleased that Francois will be applying his vast experience in consumer electronics to expand awareness and underscore the importance of high-quality surround sound An audio recording and playback system that uses five or more channels plus a subwoofer channel. See 5.1 channel and 3D audio. to the digital entertainment experience." Before joining Dolby, Modarresse headed marketing and business development for SkyStream Networks, an IP video delivery platform manufacturer recently acquired by Tandberg Television Please help [ rewrite this article] from a neutral point of view. Mark blatant advertising for , using . . At SkyStream, he contributed to the company's winning global telecom clients, such as NTT NTT Nippon Telegraph and Telephone Corporation NTT New Technology Telescope NTT National Technology Transfer, Inc NTT Name That Tune (TV game show) NTT National Tree Trust NTT Number Theoretic Transform and Shanghai Telecom. He also fostered the successful rollout of breakthrough technologies used in video-on-demand and electronic movie rental services. These efforts contributed to the company's first-time profitability, with revenue growth in excess of 45 percent. Prior to SkyStream, Modarresse helped found AdvanceV Corporation, a start-up company start-up company A new business. devoted to developing and selling technologies for next-generation set-top boxes and digital media appliances. Before venturing into entrepreneurship, Modarresse enjoyed a 17-year career with Philips Electronics, where he held several engineering and marketing positions. His tenure at Philips culminated in his promotion to Digital Video Systems Product Strategy Director. In that position, he oversaw Philips's US set-top box strategy for DirecTV, Dish Network See DBS. , and DirecTV/TiVo services. Modarresse holds a master's degree in electrical engineering from the University of Orsay, France. About Dolby Laboratories Dolby Laboratories (NYSE:DLB) develops and delivers products and technologies that make the entertainment experience more realistic and immersive. For more than four decades, Dolby has been at the forefront of defining high-quality audio and surround sound in cinema, broadcast, home audio systems, cars, DVDs, headphones Head-mounted speakers. Headphones have a strap that rests on top of the head, positioning a pair of speakers over both ears. For listening to music or monitoring live performances and audio tracks, both left and right channels are required. , games, televisions, and personal computers. Based in San Francisco with European headquarters in England, the company has entertainment industry liaison offices in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of and Los Angeles, and licensing liaison offices in London, Shanghai, Beijing, Hong Kong, and Tokyo. For more information about Dolby Laboratories or Dolby technologies, please visit www.dolby.com. Certain statements in this press release, including statements regarding HD market expansion and consumer demand for the HD experience; Dolby's marketing efforts; increasing product and technology visibility and demand; leveraging untapped markets; developing new products; building new strategic relationships; and increasing awareness of the benefits of high quality surround sound, are "forward-looking statements" that are subject to risks and uncertainties. These forward-looking statements are based on management's current expectations. The following important factors, without limitation, could cause actual results to differ materially from those in the forward looking statements: the risk that consumer demand for the HD experience will not grow as expected; Dolby's ability to develop, maintain, and strengthen relationships with industry participants; competitive risks; the risk that Dolby will not successfully execute on its marketing efforts, including increasing product and technology visibility and demand, leveraging untapped markets, developing new products, and building new strategic relationships; and other risks detailed in Dolby's Securities and Exchange Commission filings and reports, including its Quarterly Report on Form 10-Q Form 10-Q See 10-Q. for the fiscal quarter ended March 31, 2006. Dolby disclaims any obligation to update information contained in these forward-looking statements whether as a result of new information, future events, or otherwise. Dolby and the double-D symbol are registered trademarks of Dolby Laboratories. S06/17323 DLB-G |
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