Penthera Appoints Patrick McVeigh Chairman
Industry veteran will help drive Penthera into global markets

 

Pittsburgh, PA, March 30, 2009 – Penthera Partners, Inc, a provider of software, systems and services for delivering audio and video content to mobile devices, today announced that Patrick McVeigh has joined Penthera’s Board of Directors and has been named as Chairman of the Board.

“I am delighted to welcome Patrick to Penthera. His deep industry expertise and insight will be of tremendous value as we continue to grow the company,” said Adam Berger, CEO of Penthera.

Mr. McVeigh most recently held the position of Chief Executive Officer of SoonR. Prior to joining SoonR, McVeigh was the CEO of PalmSource, Inc. (NASDAQ: PSRC), a global leader in mobile handset operating systems. While at PalmSource, he repositioned the company and transformed it from being a provider of proprietary operating systems to a leadership position in providing open source based Linux operating systems for mobile phones. He led the company through a competitive bidding process, which resulted in the company's acquisition by ACCESS Company, Ltd. He also served as the CEO of Aliph Corporation, the developer of the Jawbone headset which incorporated next-generation audio and speech technologies for mobile communications devices.

“Penthera has built a product that really changes how people use video and music on their smartphones,” said Mr. McVeigh. “They have focused on an end-user experience that’s so intuitive, so simple, that anyone can use it. And that’s key. I’m looking forward to helping grow Penthera.”

As founder, Chairman, and CEO of OmniSky Corporation, McVeigh led the development and execution of a service launch that  provided wireless data services to carriers such as AT&T Wireless and Verizon within one year of the founding of the business. He raised over $250MM in funding through private offerings and a successful IPO, and subsequently sold the business to Earthlink. Prior to that, he served in a variety of executive sales and marketing roles at both Palm Inc. and Apple Computer.

About Penthera

Penthera develops and deploys end‐to‐end products facilitating the delivery of video and audio content over wireless networks. The company’s products, protected by nine filed patents, have been deployed in the U.S., Europe, and Asia. Penthera’s systems have been in continuous operation in a nationwide network operations center for over a year, have been deployed on behalf of tier‐1 network providers, and have been licensed to leading handset manufacturers.

Penthera’s customers are service providers, content owners, and enterprises who need to deliver media content securely, reliably, and verifiably to their customers and employees.

Penthera is a trademark of Penthera Partners, Inc. All other marks are the property of their respective owners.

For more information, visit http://www.penthera.com

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