Glines to Lead Innovator in Digital Media Protection and Business Intelligence Technology
LOS ANGELES, CA (September 22, 2009) – Nexicon (PNK: NXCO), developer of next generation digital media protection and intelligence solutions, today announced the selection and appointment of Sam Glines as its chief executive officer. Sam was formerly the company’s president and chief operating officer. He replaces former Chief Executive Officer Richard Urrea, who stepped down to pursue other interests. Mr. Urrea had served the company since its inception and oversaw the initial development and launch of several of Nexicon’s flagship services. He will continue to periodically consult with the company.
Sam Glines joined Nexicon in June, 2008, and has since led the company’s business development, operational, marketing and day-to-day management. As chief executive officer, he will retain formal authority over these functional areas but will be focusing primarily on the identification and pursuit of strategic partnerships and the expansion and refinement of the company’s revenue growth plans. Prior to joining Nexicon, Sam was an executive with Accenture (formerly Andersen Consulting), where he planned and managed large business change initiatives for multiple Fortune 100 clients including Anheuser-Busch, Caterpillar, Kraft, Ocean Spray, United Technologies, and BMW.
“We are very excited about our future, and I’m personally looking forward to spending more time working to put together the type of forward-thinking, synergistic relationships that will continue to keep us at the forefront of the emerging opportunities in digital media protection and business intelligence, said Glines.
In the past several months, the company has moved forward building distribution agreements with a large U.S. Government contractor as well as other digital content producers and copyright holder. “As piracy and security threats continue to rapidly increase throughout the world, the potential demand for our technology dramatically increases. We believe that we will be able to offer the type of next-gen solutions that not only help content owners protect their existing revenue streams, but also to help them identify and grow new, untapped revenue opportunities as well as protect their networks against dangerous security breaches.”
About Nexicon
Headquartered in Los Angeles, CA, Nexicon (PNK: NXCO) delivers next-generation digital media protection and business intelligence solutions to many industries, including the motion picture and music industries, software and games, publishing, ISPs, financial services and government. Its product line includes: DigitalRanger™ to identify those who illegally facilitate, promote, and profit from hosting or distributing copyrighted or illegal content; GetAmnesty™ that allows copyright holders to fight piracy and collect revenue lost from illegal downloads; YouScout that helps content owners store, distribute and manage their content on the most popular community-driven sites on the Internet, such as YouTube™; Envoy™ that helps ISPs manage DMCA notices for their subscribers; and more. For more information about Nexicon, visit www.nexiconinc.com and check out Nexicon’s blog at www.nexiconinc.com/corpblog/.
Safe Harbor Statement
This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) the Company's financing plans; (ii) trends affecting the Company's financial condition or results of operations; (iii) the Company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.
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Media contact only:
Bridgette King, Get The Scoop, Inc.
954.937.9616
bridgette@getthescoop.com