Jerry Chase Appointed Chairman and CEO of Thomcast Group; Patrick Desproges Promoted to Senior Executive Position Within Thales Group Information Technology & Services Business Area.Business/Technology Editors LAS VEGAS--(BUSINESS WIRE)--April 23, 2001 Thomcast announces the appointment of Thomcast Communications President Jerry D. Chase to the head of Thomcast Group global operations Global Operations is a first-person shooter computer game developed by Barking Dog Studios and published by both Crave Entertainment and Electronic Arts. It was released in March of 2002, following its public multiplayer beta version which contained only the Quebec map. effective May 1st. Chase succeeds Patrick Desproges who is promoted to a Senior Executive position in Thales Group The Thales Group (Euronext: HO) is a major French electronics company delivering mission-critical information systems and services for the Aerospace, Defense, and Security markets. Information Technology & Services Business Area. "Thomcast has successfully transitioned from a pure transmitter company to a global player in high growth businesses terrestrial transmission, MPEG-2 video processing and multimedia distribution as well as wireless communications enjoying a leading position worldwide. The industry leadership we enjoy in the United States was achieved under Jerry's tenure as President of Thomcast Communications Inc. I am extremely confident that Jerry's leadership and positive management style will take Thomcast group to a further step in its development strategy," stated P.Desproges. Chase came to Thomcast Communications from a previous role as General Manager of Magnitude Compression Systems, formerly the Broadcast Products Group of Compression Labs. He is a veteran both of cable equipment supplier Scientific Atlanta and of satellite compression vendor Compression Labs, which provided the first MPEG (Moving Pictures Experts Group) An ISO/ITU standard for compressing digital video. Pronounced "em-peg," it is the universal standard for digital terrestrial, cable and satellite TV, DVDs and digital video recorders (DVRs). encoders to DBS (Direct Broadcast Satellite) A one-way TV broadcast service from a communications satellite to a small round or oval dish antenna no larger than 20" in diameter. operators DirecTV and USSB USSB United States Satellite Broadcasting USSB United States Shipping Board USSB Upper Single Sideband . Jerry earned a B.S. in Business Administration from East Carolina University East Carolina University is a public, coeducational, intensive research university located in Greenville, North Carolina, United States. Named East Carolina University by statue and commonly known as ECU or East Carolina , and served as a Marine Corp pilot from 1981-1987. Jerry earned 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 Harvard Graduate School of Business Administration in 1989. "Thomcast is ideally positioned to take advantage of significant opportunities in our core markets" said Chase. "Patrick's outstanding leadership of Thomcast over the past six years has created our current success and positioned us well for the future." As Chairman 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 Thomcast Group, Jerry Chase will head Thomcast operations in the US, France, Switzerland and Germany. About Thomcast Thomcast, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of THALES (formerly Thomson-CSF), designs, develops, manufactures and markets equipment, systems and solutions in the field of: --Terrestrial Transmission (radio and TV) --Digital Video Processing and Multimedia Distribution --Broadband Wireless Communications (1.7 - 3.6 GHz) for broadcasting, cable TV, satellite and telecommunication services providers worldwide. Thomcast has deployed its systems in 168 countries. About Thales Thales designs, develops and implements high-tech electronic solutions which meet the safety, communications and information needs of people in countries throughout the world. Its activities cover three major markets: Aerospace, Defence and Information Technology and Services. Thales has global revenues of 8.6 billion euros and employs 65,000 people worldwide. Thomcast S.A.- 1, rue de l'Hautil- Z.A. des Boutries- Conflans Ste Honorine- 78700 France- www.thomcast.thomson-csf.com. |
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