TTR Technologies Appoints Chief Financial Officer to Spearhead North American Operations
NEW YORK, Jun 4, 2001 (BUSINESS WIRE) -- TTR TECHNOLOGIES, INC., (NASDAQ NM: TTRE chart, msgs), a leading developer of digital anti-piracy technologies, today announced the appointment of Matthew L. Cohen to the position of Chief Financial Officer and Executive Vice President for Business Development. Mr. Cohen, who will be based in New York City, will be responsible for finance, business development in North America, and investor relations.
Mr. Cohen, 33, was previously chief financial officer and executive vice president for business affairs of APB Online, Inc., a new media company covering the crime and safety genre that he co-founded in 1998. Mr. Cohen was responsible for finance, capital raising, investor relations and business development. He was instrumental in APB's signing agreements with AOL, Yahoo!, Universal Press Syndicate, MSNBC.com, Snap, and with the Telepictures subsidiary of Time Warner.
Mr. Cohen brings over 12 years of financial and business development experience to TTR. He previously worked for the Blackstone Group, Kidder, Peabody & Co. and Rothschild Inc. He graduated magna cum laude, Phi Beta Kappa from Princeton University with an AB in economics.
Marc Tokayer, chairman and chief executive officer, commented, "We are very pleased that Matthew is joining TTR. His strong background in finance and business development will be a great asset to the company. Matthew will represent the company in business initiatives in North America and to the financial community."
TTR Technologies, Inc.
TTR Technologies, Inc., designs, markets and sells proprietary anti-piracy products. The Company has developed and commercialized products for the software and entertainment industries and is expanding its product range and reach through in-house development and joint ventures. TTR has a joint development and marketing agreement for music CD copy protection with Macrovision Corporation (Nasdaq: MVSN chart, msgs). The Company also owns 50% of ComSign Ltd., the exclusive Israeli affiliate of VeriSign, Inc. (Nasdaq: VRSN chart, msgs). For more information about TTR Technologies, visit ttrtech.com.
Contact:
TTR Technologies, Inc.
Emanuel Kronitz, 011 972-9-766-2393
Chief Operating Officer
kronitz@ttrtech.com
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Lippert/Heilshorn & Assoc.
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