Gemstar-TV Guide Appoints Two New Independent Members to Board of Directors.LOS ANGELES Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. -- James P. O'Shaughnessy, veteran intellectual property attorney, and Ruthann Quindlen, notable technology venture capitalist Venture Capitalist An investor who provides capital to either start-up ventures or support small companies who wish to expand but do not have access to public funding. Notes: Venture capitalists usually expect higher returns for the additional risks taken. , join Gemstar-TV Guide Board Gemstar-TV Guide International Gemstar-TV Guide International, Inc. is a media company that licenses interactive program guide technology to multichannel operators, such as cable and satellite television providers, and consumer electronics manufacturers, video recorder scheduling code under brands such as VCR , Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :GMST GMST Greenwich Mean Sidereal Time GMST General Military Subjects Test GMST Genov Modified Stroop Test ) announced today that James P. O'Shaughnessy, 57, and Ruthann Quindlen, 50, have been appointed to its Board of Directors, effective immediately. Mr. O'Shaughnessy is an intellectual asset management consultant, and Ms. Quindlen is a general partner with Institutional Venture Partners (IVP IVP abbr. intravenous pyelogram IVP (Intravenous pyelogram) The use of a dye, injected into the veins, used to locate kidney stones. Also used to determine the anatomy of the urinary system. ). "We are extremely pleased and honored to have Jim and Ruthann, both leaders in their respective fields, join the Gemstar-TV Guide board. Their depth of experience and expertise will be of tremendous value to the Company," said Jeff Shell, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Gemstar-TV Guide. "Jim is a seasoned executive with an incredible track record in intellectual capital management, both defending intellectual property rights and maximizing the value of patent portfolios. As one of the early female technology venture capitalists, Ruthann has a deep understanding of digital media, and has played a pivotal role throughout her career in the creation and development of several successful technology and media companies." Mr. O'Shaughnessy recently retired from Rockwell Automation where he served as vice president and chief intellectual property counsel. Having joined Rockwell International in 1996, Mr. O'Shaughnessy led the company's successful effort to resolve the significant patent issues it faced at that time, while also helping to build a technology portfolio for future development. Before joining Rockwell, Mr. O'Shaughnessy was a partner with Foley & Lardner in Milwaukee, WI, where, over a ten-year period, he helped to grow the firm's intellectual property practice into the then largest patent firm worldwide. His clients have included Advanced Micro Devices, Boeing Aerospace, and Cox Laboratories. He received a BS in materials engineering from Rensselaer Polytechnic Institute Rensselaer Polytechnic Institute, at Troy, N.Y.; coeducational; founded and opened 1824 as Rensselaer School; chartered 1826. It was called Rensselaer Institute from 1837 to 1861. in 1972 and earned his JD from Georgetown University Law Center Also attended
Since 1994, Ms. Quindlen has been a general partner with Institutional Venture Partners (IVP), one of Silicon Valley's leading investment firms, focusing on software and interactive media. At IVP, Ms. Quindlen works with her partners to evaluate investments in Internet infrastructure, electronic commerce, web-based services and digital media companies including Tivo and Netflix. Prior to joining IVP, Ms. Quindlen was a managing director at Alex Brown & Sons. There she was among the first to focus solely on firms building software for the personal computer. During her 10-year tenure, she assisted a variety of software firms and worked on the IPOs of leading software companies including Microsoft, AOL (A division of Time Warner, Inc., New York, NY, www.aol.com) The world's largest online information service with access to the Internet, e-mail, chat rooms and a variety of databases and services. , Aldus, Borland, Broderbund, Electronic Arts, McAfee Associates and the 3DO Corporation. Author of Confessions of a Venture Capitalist, published by Warner Books, Ms. Quindlen graduated with an 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 the University of Pennsylvania The Wharton School is the business school of University of Pennsylvania in Philadelphia, Pennsylvania. It was established in 1881 through a donation of Joseph Wharton, making it the world’s oldest business school. in 1983, and with a BS in Foreign Service from Georgetown University in 1976. Ms. Quindlen also joins the Audit Committee of the Board of Directors, and Mr. O'Shaughnessy joins the Compensation Committee of the Board of Directors. As previously announced, Perry Lerner has resigned from the Board effective immediately. With the appointment of these two directors, Gemstar-TV Guide's Board is now comprised of nine members. About Gemstar-TV Guide International, Inc. Gemstar-TV Guide International, Inc., (the "Company") is a leading media and technology company that develops, licenses, markets and distributes technologies, products and services targeted at the television guidance and home entertainment needs of consumers worldwide. The Company's businesses include: television media and publishing properties; interactive program guide services and products; and technology and intellectual property licensing. Additional information about the Company can be found at www.gemstartvguide.com. Except for historical information contained herein, the matters discussed in this news release contains forward-looking statements that involve risks and uncertainties, including risks and uncertainties related to declines in our magazine business; timely availability and market acceptance of products and services incorporating the Company's technologies and content; the impact of competitive products and pricing; ongoing and potential future litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. ; and the other risks detailed from time to time in the Company's SEC reports, including the most recent reports on Forms 10-K, 8-K and 10-Q, each as it may be amended from time to time. The Company assumes no obligation to update these forward-looking statements. Note to Editors: Gemstar, TV Guide, and TV Guide On Screen, are trademarks or registered trademarks of Gemstar-TV Guide International, Inc. and/or its subsidiaries. The names of other companies and products used herein are for identification purposes only and may be trademarks of their respective owners. |
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