FORMER TIME WARNER EVP AND CTO MIKE LAJOIE APPOINTED TO ENVIVIO BOARD OF DIRECTORS
South San Francisco, CALIF., February 26, 2015 – The Board of Directors of Envivio (NASDAQ: ENVI), experts in multi-screen video software solutions, today announced the appointment of Mike LaJoie to the Envivio board. Mr. LaJoie brings over 20 years of experience in the cable industry and as a thought-leader in the technologies that will help drive Envivio’s future growth. Envivio is an acknowledged leader in TV technology for all sizes of screen, and has 300 plus customers in more than 50 countries.
Mike LaJoie most recently served as Time Warner Cable’s Executive Vice President and Chief Technology Officer, a position he held since January 2004. Over his long career with Time Warner Cable Mr. LaJoie held various leadership positions including EVP of Advanced Technology, VP of Corporate Development and President of Time Warner Cable’s Broadband Applications Development Group.
As a pioneer in digital television, Mr. LaJoie led the development and deployment of Time Warner Cable's extremely successful advanced digital products including video on demand, high definition television and digital video recorders. Mr. LaJoie also served as Vice President of Corporate Development of the Time Warner Cable division of TWE from 1998 to 2002, where he oversaw the development of VOD software and set-top boxes and other major launches of new services and products. He was also involved in many ground breaking development projects, including Time Warner Cable’s Multi Media initiative, The Full Service Network, Road Runner internet services, Pegasus Digital Television platform, and Time Warner Cable's early work in IP telephony.
“Digitizing entertainment-quality video is a challenge that I have pursued for many years. This opportunity with Envivio will allow me to stay highly involved in that space,” said Mike LaJoie. Mr. LaJoie continued, “As the demand for quality improvements and enhanced functionality continues to expand; Envivio is well positioned to lead with innovative solutions and enhanced value creation. I am looking forward to working with the team.”
Mr. LaJoie was recently appointed chairman of the board at Guavas, Inc., a big data analytics solutions company in the Bay Area. He has served on the boards of directors of several organizations, including the Society of Cable Telecommunications Engineers (SCTE), SCTE Foundation and Beaumaris Networks. In 2011, he was named to the Broadcasting & Cable Hall of Fame.
“The board, management team and I wholeheartedly welcome Mike to the Board of Directors. We expect Mike to help accelerate our vision, contribute to our strategy, and deepen our relationships with cable operators and content owners, as we move aggressively into 2015,” said Envivio Chairman of the Board, Terry D Kramer.
Envivio also announced that Kevin Dillon, a general partner with Atlantic Bridge has resigned from the Board. Terry Kramer commented, “Kevin’s contributions over the years were extensive and highly valued. We thank him for his many years of service to Envivio and its stockholders, and wish him continued success in his future endeavors.”
About Envivio
Envivio (NASDAQ:ENVI) is a global market leader and innovator of video software solutions that are trusted by video service providers and content companies worldwide to power stunning video quality and captivating, personalized experiences to their millions of viewers on any device, over any network.
Leveraging its pioneering and technically superior virtualized video delivery solutions, Envivio enables video operators of any size to increase revenues and reduce costs while uniquely providing the best-in-class quality, reliability, efficiency, and scalability to support the new age of video anywhere.
Envivio is headquartered in South San Francisco, California with offices worldwide in France, China, Singapore and Japan. Visit www.envivio.com for more information, or connect with us on LinkedIn.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including statements about Envivio being well positioned to lead its market with innovative solutions and enhanced value creation as the demand for quality improvements and enhanced functionality continues to expand, and the expected impact to Envivio from the appointment of Mr. LaJoie to the Board of Directors. Actual results may vary materially due to a number of factors including, but not limited to, the risk that, this market does not develop or grow as anticipated and Envivio’s products do not operate as intended or do not receive market acceptance, as well as other risks that are detailed from time to time in Envivio's SEC reports, which can be found at www.sec.gov. Envivio is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise. Information contained in our website is not incorporated by reference in, or made part of this press release.
CONTACT: Judith Coley
Envivio, Inc.
PR@envivio.com
1 650 243 2700