Margaret Craig Joins Signiant as CEO

Media Industry Veteran Brings Broad Experience to Leadership Role

BURLINGTON, MA (October 24, 2011) — Signiant, a global leader in intelligent file movement software for the media and entertainment industry, today announced that the company’s board of directors has chosen Margaret Craig to serve as CEO. Following on a career devoted to leading businesses in the media technology sector, Craig has joined Signiant to guide the company through its next stage of accelerated growth within the media and entertainment industry.

“After a very thorough search process that involved many candidates, we are very pleased to announce that Margaret will be joining Signiant as our new CEO,” said Henry Ancona, chairman of the board, Signiant. “She is a well-regarded business leader who also brings a technical background to the mix, as well as extensive senior-level working relationships throughout the global media ecosystem. Margaret’s broad international experience, including operational roles in Canada and the U.K. and direct responsibility for Asian operations, will be invaluable as Signiant continues to build its global brand.”

Craig’s background includes executive roles in various parts of the media industry, including both product companies and managed services businesses. She recently served as COO of Network Services for Ascent Media Group, which provided media management, content distribution, and 24/7 on-air broadcast services to media companies. Other previous senior positions include CEO at Leitch Technology Corporation, a publicly traded global provider of technical infrastructure for professional television; and president of Snell and Wilcox USA. Early in her career, Craig also served in various engineering and management roles at Tektronix. She has a bachelor’s degree in electrical engineering from Iowa State University.

“It’s an exciting time in the industry and a great time to be joining Signiant,” said Craig. “With end-to-end file-based workflows finally within sight, Signiant is perfectly positioned to solve critical problems for our customers. The company is growing rapidly and enjoys a stellar reputation with its customers, and I look forward to working with the team to continue to build momentum.”