DNET effective July 22, 1999 to change to EDNT - see news
News for VDAT
Former CBS President and CNN Pioneer Robert Wussler Joins Board of Directors of Visual Data Corp.
POMPANO BEACH, Fla., July 20 /PRNewswire/ -- Robert J. Wussler, the network and cable television pioneer who oversaw the launch of CNN, Headline News and TNT for Turner Broadcasting, has joined the board of directors for Visual Data Corp. (Nasdaq: VDAT - news), which creates and broadcasts original video content for the Internet. Mr. Wussler was appointed to the board during Visual Data's annual shareholders meeting.
As president of CBS Television and CBS Sports in the 1970's, Mr. Wussler led the network to a number one position among broadcasters. He was responsible for several innovations, including NCAA Basketball and NFL programming and the introduction of the made for TV movie format. During the 1980's, he was instrumental in making Turner Broadcasting System, including CNN, into a preeminent news and entertainment provider. At CNN, Mr. Wussler was largely responsible for the expansion of satellite usage and news coverage.
Mr. Wussler has undertaken several projects in recent years including a number of broadcasting and production ventures. Since 1995, he has served as a director of Visual Data's EDnet subsidiary, which specializes in advanced multimedia production.
''I'm excited to be part of a company that recognizes where content development is heading,'' said Mr. Wussler. ''Visual Data is positioning itself to be a true broadcast network for the Internet and interactive television. The company is creating today the original video content that consumers will access via broadband services tomorrow.''
Mr. Wussler joins Randy S. Selman, Alan M. Saperstein, Benjamin Swirsky, Brian K. Service, and Eric M. Jacobs on the Company's board which was re-confirmed during the annual meeting.
''As a veteran of network and cable television, Robert Wussler possesses the expertise that will help us become the leading multimedia developer,'' said Randy Selman, chief executive officer and president of Visual Data. ''Robert understands what consumers want to see and how they want to see it. We look forward to his performing in an important role for the company.''
In addition to naming Mr. Wussler to the board, Visual Data's shareholders ratified Arthur Anderson as Visual Data's official auditor and amended the 1996 stock option plan.
About Visual Data Corporation
Visual Data Corporation (http://www.vdat.com) produces, markets and distributes original video and audio content for the Internet and soon Interactive Television. Visual Data's extensive video libraries cover a wide range of topics, including travel, business information, medicine and healthcare and entertainment. Through its subsidiary EDnet, Inc. (OTC Bulletin Board: DNET - news), Visual Data has established relationships throughout the motion picture and recording industries. Visual Data's strategic partnerships include PR Newswire, a subsidiary of United News and Media Group that provides breaking news and information; InterVu, which provides streaming media and Internet broadcast solutions; TravelWeb, a service of Pegasus Systems, Inc.; Interval International; Broadcast.com; Rezsolutions, the merger of Utell International and Anasazi Inc.; Physicians Online and Intellihealth, a joint venture of Aetna US Healthcare and Johns Hopkins University and Health System.
This press release contains forward-looking statements which involve numerous risks and uncertainties. Actual results, performance or achievements could differ materially from those anticipated in such forward looking statements as a result of certain factors, including those set forth in the Company's filings with the Securities and Exchange Commission. |
