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Technology Stocks : Ampex Corporation (AEXCA) -- Ignore unavailable to you. Want to Upgrade?

To: Sal Davis who wrote (8116)	5/5/1999 9:33:00 AM
From: Paul Lee	Read Replies (1) \| Respond to of 17679

Ampex Corp. Appoints Senior Executive to Internet Video Group REDWOOD CITY, Calif.--(BUSINESS WIRE)--May 5, 1999--Ampex Corp. (Amex:AXC) today announced that it has appointed Carol Rudisill as vice president Interactive Development. Rudisill will be responsible for the web sites of the company's new internal Internet video channels based in New York and for the integration of all of the company's video web sites including those of its existing affiliates TV onthe WEB (www.tvontheweb.com) and Alternative Entertainment Network (www.aentv.com). Rudisill's career includes senior positions at Disney Interactive as Director of Production and at Washington Post Newsweek Interactive, where she was vice president Design & Production at washingtonpost.com, and vice president Product Development for the launch of newsweek.com. "Internet technology and streaming video are combining to create a powerful new medium," said Rudisill. "My goal is to create an online style and interactive experience that clearly establishes Ampex and its affiliates as the leaders in developing video content for this rapidly growing segment of the world wide web," she added. "This appointment adds significantly to the senior management team that is creating Ampex's national and global Internet video network," stated Edward Bramson, chairman of Ampex Corp. "Carol's thorough knowledge of web technology, animation and interactive video is the unique combination that we have been looking for. Carol has exceptional and creative management skills and I look forward to working with her," he added. The company stated that it is engaged in discussions to add Internet video production and distribution operations in major U.S. and overseas cities through strategic investments and acquisitions, and that it is evaluating additional internal development projects.