Signiant

Signiant Appoints Rick Cramer as Senior Vice President Global Operations

Media and entertainment veteran and Avid founding team member joins developer of digital media distribution management solutions

BURLINGTON, MA February 14, 2007 — Signiant™, Inc., the leading developer of digital media distribution management solutions for the media and entertainment industry, today announced that media industry veteran Rick Cramer has joined as Senior Vice President Global Operations.  As a member of the Avid founding team, along with another Signiant Vice President Tom Ohanian, Rick will be part of the team bringing to market Signiant’s award-winning software solution which is designed to help rich media content creators and producers easily implement a digital media distribution strategy.

A 23-year veteran of the high-tech industry, Rick Cramer has a wealth of executive-level experience combined with expertise in growing software businesses from the start-up stage. Most recently he was part of the founding team of Centra and served as Senior Vice President of Worldwide Sales & Marketing. Rick helped establish and grow the company as a publicly listed leader in Web-based collaborative solutions and through to its recent acquisition by Saba Software.

Prior to Centra, Rick was a member of the founding team and an executive vice president at Avid Technology which quickly became the leading vendor for nonlinear editing and broadcast solutions. At Avid, Rick was responsible for field operations and helped grow annual revenues from zero to $400M, and was pivotal in Avid's successful IPO. Prior to Avid, Rick held sales and marketing positions with Apollo Computer and Xerox Corporation.

Signiant CEO Dennis Albano comments: “Rick was instrumental in building high growth sales and marketing results for one of the most successful technology companies in the media and entertainment space. In addition, he has proven experience in starting companies and building them into large profitable public companies as well as bringing products to market with great success. We are fortunate to have him on our team playing a major role to establish our powerful digital media distribution management suite as the standard in the media and entertainment industry.”

About Signiant Inc.
Signiant (http://www.signiant.com/) is the leading developer of digital media distribution management solutions for the media and entertainment industries. Signiant provides its customers with the only integrated, open software solution that manages, secures, automates and accelerates their digital file-based workflows to efficiently move and distribute content throughout their ecosystem and to more media outlets, in less time. Signiant is headquartered in Burlington, MA with development facilities in Ottawa, Ontario, Canada and offices in NY, Los Angeles and Manchester, UK. Read the Signiant blog at http://www.digitalmediagalaxy.com/

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