Greenleaf Technologies Elects Former Time Warner Executive and Greenleaf COO Frank LoVerme to Board of Directors
AUSTIN, Texas, Aug 2, 2000 (BUSINESS WIRE) -- Greenleaf Technologies Corp. (OTC: GLFC), a leading software and security solution company, announced the election of Frank LoVerme to the board of directors, according to Leonard Berg, chairman and CEO.
LoVerme recently joined Greenleaf as COO from Warner Advanced Media Operations (WAMO) where he was vice president of sales and marketing. LoVerme, a principal at Personics Corporation, joined Time Warner as a result of the Time Warner acquisition of Personics.
LoVerme held vice presidents positions at several Warner Music units until 1995 when he transferred to WAMO, a unit born out of a joint venture between Warner Music and Warner Home Video created to launch the DVD format.
LoVerme, while at WAMO, was instrumental in forming a joint venture between WAMO, Infogrames and Greenleaf which resulted in the creation of WIG and its DVD distribution product, "The Big WIG DVD Keeper Series."
Greenleaf Technologies Corporation (www.glfc.com) is the exclusive software security provider for all DVD-ROM projects for Warner Advanced Media Operations and is the exclusive encryption partner and technology affiliate member for WAMO's Worldwide Affiliate Program. Greenleaf develops and markets encryption services designed for the software and entertainment industries including games, applications and music. Greenleaf's innovative software security protection offers new ways to bundle and distribute PC-based content on advanced media including DVD-ROM and the Internet.
Greenleaf is also a partner in WIG (WAMO/Infogrames/Greenleaf), a strategic alliance that ties together premier electronic content providers, advanced media and new technology to establish a new paradigm in the way that software is delivered via DVD-ROM. The Big WIG DVD Keeper, the name of a series of DVD-ROMs, provides for the distribution of multiple applications and/or games, as well as creates e-commerce opportunities on the DVD without downloading the application. Greenleaf's DigiGuard (TM) partitions the enormous space DVD-ROM offers and encrypts, or locks content until a purchase transaction is completed.
This release contains forward-looking statements with respect to the results of operations and business of Greenleaf Technologies Corp. that involve risks and uncertainties. The company's actual results could materially differ from those discussed. Risks and uncertainties of the company will be detailed from time to time in the company's periodic reports. The company intends that such statements about the company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the "safe harbors" provision of the Private Securities Litigation Reform Act of 1995
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