Interactive Network's Joint Venture, TWIN Entertainment, Names Chief Technical Officer.Business Editors, High-Tech Writers SAN FRANCISCO--(BUSINESS WIRE)--June 1, 2000 Bruce W. Bauer, Chairman, Chief Executive Officer and President of Interactive Network, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :INNN), announced the hiring of a Chief Technical Officer for its 50% owned joint venture with Two Way TV, TWIN Entertainment, Inc. Bauer announced that Alex Davidson Alex Davidson (born March 12, 1981) is a Welsh rugby union player. Davidson is 18 stone and 6ft 5". Club Rugby Davidson currently plays his club rugby for English semi-pro side Pertemps Bees. was hired as TWIN Entertainment's CTO (Chief Technical Officer) The executive responsible for the technical direction of an organization. See CIO and salary survey. and will be responsible for the development and delivery of interactive entertainment services across multiple networks and software platforms. Davidson brings with him a wealth of experience from the interactive TV industry. Previously he was responsible for developing Sun Microsystems' interactive television platform strategy. Interactive's 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. stated, "TWIN and Interactive are privileged to have recruited one of the top engineering managers from one of the premiere leaders in new technology development. Alex recognizes the huge potential for explosive growth within this new iTV industry as well as the opportunity TWIN has before it to be a major player and leader in the delivery and production of interactive entertainment. Bringing Alex in as TWIN's CTO is one more major step in building a key management team and in moving closer to the objective of having TWIN ready to launch Interactive TV Games across North America." Commenting on his appointment Davidson states, "TWIN Entertainment's interactive competitive games and enhanced TV applications are destined des·tine tr.v. des·tined, des·tin·ing, des·tines 1. To determine beforehand; preordain: a foolish scheme destined to fail; a film destined to become a classic. 2. to become the killer applications for interactive TV. The company is launching at a very exciting time in the digital TV industry and this role gives me the opportunity to become involved in the introduction of this promising service." Dr. Robert Brown, Chief Technical Officer of Interactive Network, stated that he "is very impressed with the technical ability and vision of Alex" and he "expects to see great things happening under Alex's technical leadership of TWIN, both in the near term deployment of its product, and in the long term development of TWIN's technology." Mr. Davidson joined Sun Microsystems in 1987 after working at Motorola as an Engineering Group Manager. While at Sun, he was responsible for managing the development and deployment of the first line of SPARC (Scalable Performance ARChitecture) A family of RISC CPUs from Sun that runs mostly under Sun's Solaris, but also under Linux and BSD operating systems. After development began in the mid-1980s by David Patterson of the University of California at Berkeley and Bill stations. Following this, Davidson built engineering teams responsible for creating the JavaStation Network Computer, in addition to developing the JavaOS platform. More recently, his responsibilities involved setting the strategy for Sun's interactive television platform, which included working alongside Fox, Disney, AT&T, BBC BBC in full British Broadcasting Corp. Publicly financed broadcasting system in Britain. A private company at its founding in 1922, it was replaced by a public corporation under royal charter in 1927. , Bloomberg and the Weather Channel among others to develop trial JavaTV applications. In Europe, he has worked closely with the TV standards organizations and will continue to push for the adoption of Java technology in these standards. About Interactive Network Inc. (OTCBB:INNN) www.interactivenetwork.net INNN was incorporated in 1986 and publicly traded since 1991. It helped pioneer and introduce interactive TV technology by providing an interactive service to six major cities in the mid-nineties. Shows made interactive included sporting events, game shows, murder mysteries, soap operas, educational and children's programs, news broadcasts, and many TV specials. Its major corporate shareholders are AT&T (NYSE NYSE See: New York Stock Exchange :T, news, msgs, through TCI (Trustworthy Computing Initiative) An umbrella term from Microsoft for its efforts to improve security in Windows. TCI was announced in 2002 after viruses such as Code Red and Nimda had succeeded in attacking numerous Windows computers. ), Motorola Inc. (MOT), General Electric Inc. (NYSE:GE, news, msgs, through NBC NBC in full National Broadcasting Co. Major U.S. commercial broadcasting company. It was formed in 1926 by RCA Corp., General Electric Co. (GE), and Westinghouse and was the first U.S. company to operate a broadcast network. ), Sprint (FON Fon People of southern Benin and adjacent parts of Togo. They speak a dialect of Gbe, a Kwa language of the Niger-Congo language family. Numbering about 3 million, the Fon are mainly farmers. ), Gannett (GCI GCI Ground Circuit Interrupter GCI Getty Conservation Institute GCI Global Commerce Initiative GCI Green Cross International (non-profit international environmental organization) GCI Growth Competitiveness Index GCI Great Cities Institute ) and A.C. Nielsen. About TWIN Entertainment -- www.twinentertainment.com TWIN Entertainment is a joint venture between Interactive Network, Inc. and Two Way TV to bring live competitive interactive TV games to the US and Canadian markets. The joint venture will exploit Interactive Network's significant patent portfolio and TWO WAY TV's leading edge content, productions systems, operating platform and patents for digital interactive services. TWIN Entertainment is presently building its management team while actively pursuing partnerships to produce live interactive TV entertainment for distribution on digital satellite, cable, and broadband Internet platforms. Blue Sky This release contains forward-looking statements that are subject to risks and uncertainties. Although Interactive Network Inc. and Two Way TV believe that the expectations reflected in its forward-looking statements are reasonable, actual results could differ materially from those expectations. Important cautionary statements and risk factors that would affect actual results are discussed in materials filed by INNN with the Securities and Exchange Commission. |
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