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Technology Stocks : Ampex Corporation (AEXCA)
AMPX 11.32+4.7%Nov 28 9:30 AM EST

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To: hookjock who wrote (7256)4/15/1999 8:13:00 AM
From: Paul Lee  Read Replies (1) of 17679
 
getting better--before the bell announcements
Merv Griffin Productions Executive to Become President, Co-CEO of TV onthe WEB

Tim Swift to Join Chairman & Co-CEO Dave Gardy on Executive Management Team To

Help Guide Explosive Growth of Narrowcast Network

Live Video Press Conference to Be Webcast

At 2 p.m. Today at www.tvontheweb.com

RESTON, Va., April 15 /PRNewswire/ -- In a move that signals the explosive demand within corporate and entertainment industries for video webcasting, TV onthe WEB today announced it has tapped a senior executive with Merv Griffin Productions to serve as its president.

Tim Swift, a 20-year Hollywood veteran and one of the leading producers of corporate, political and entertainment events, will leave his post as senior vice president of Merv Griffin Productions to join TV onthe WEB. TV onthe WEB specializes in "narrowcasting," offering the first interactive, community- based television network on the Web.

Mr. Swift's appointment complements TV onthe WEB's executive management team. He will share CEO responsibilities with Dave Gardy, who also serves as Chairman of the company. To address details of the new appointment, Mr. Gardy and Mr. Swift will host a live, interactive video press conference which will be webcast at 2 p.m. Thursday at www.tvontheweb.com.

"Tim's background in entertainment, production and broadcasting will help propel TV onthe WEB to the next level of growth," said Mr. Gardy. "The rapid expansion of TV onthe WEB's channel offerings requires an executive with strong production credentials who is not only creative, but understands the potential of narrowcasting on the Web."

In a career spanning more than 20 years, Mr. Swift was integral in launching Merv Griffin Productions. He is renowned in entertainment, corporate and political circles for his ability to create and combine "A-list" talent with innovative broadcast technology and strategic marketing efforts.

"TV onthe WEB is known for its cutting-edge technologies in video streaming as well as its full-service, live Webcasting production capabilities," said Mr. Swift. "My goal is to combine that technology with high-profile, strategic alliances that will bring greater information, entertainment and E-commerce opportunities to the Internet. I also will be seeking out opportunities to attract large-scale events to TV onthe WEB."

"My future challenge will be in applying live entertainment and television principles to the Internet -- if we think about it, all our futures are on the Internet."

Prior to joining Merv Griffin Productions, Mr. Swift served as a senior vice president for Cossette Productions, working closely with legendary TV and Broadway producer Pierre Cossette, executive producer of the Grammy Awards for the past four decades. In addition, he served as president of Smith-Hemion Events, a division of the award-winning Smith-Hemion Productions, producing the Academy of Television Arts & Sciences' "Hall Of Fame" shows.

His past credits include major national marketing event projects for Kodak, Kentucky Fried Chicken and Lexus, which sponsored the 1998 Eric Clapton Tour. He has produced the Pre-telecast Ceremonies for the prestigious Grammy Awards and The National Academy of Recording Arts and Science: Musicares Tributes, which have honored: Gloria Estefan, Tony Bennett, Luciano Pavarotti, Quincy Jones, Natalie Cole and Phil Collins. At the 1996 Atlanta Olympic Games, Mr. Swift produced the concert series for the AT&T Global Olympic Village. During the Reagan White House, he was the producer of record for several presidential galas and state dinners for diplomats and members of Congress.
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