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Movidius appoints veteran semiconductor executive Gary Johnson to board


Dublin, Ireland – 18th November 2009 – Movidius today announced that it has appointed Gary Johnson as non-executive member of the board of directors. Johnson brings over 20 years of experience from leading positions in several high profile technology companies and his appointment is the latest demonstration of confidence in the strength of Movidius’ company and technology.

Johnson was previously CEO for PortalPlayer, and has recently been involved as a Director at Air Semiconductor and ITSUN Ltd. Johnson has been a NASDAQ-listed CEO twice across his career. Having overseen the growth and/or flotation of several businesses including S3 and PortalPlayer, (floated in November of 2004 and sold to NVIDIA in 2007 for $360M), Johnson has built a reputation for backing and managing successful enterprises. Under his tenure at S3 Inc. he built the highly successful Trio product family, bringing for the first time integrated video and graphics playback to the consumer PC market. At PortalPlayer the Applications Processors (AP) that were developed achieved notable success in many generations of mobile devices including Apple iPods, and SONY and Samsung MP3 players among many others. This led the way to highly innovative products incorporating High-Definition (HD) video capability for the then emerging multimedia mobile phone market.

Johnson’s expertise in strategic planning and execution, financing and negotiation, together with his enthusiasm for mobile technologies, make him a strong addition to a company that already has significant momentum behind it. Movidius gained strong investor backing, securing over $14 million of Series A funding in October 2008. The January 2009 launch and demonstrations of its premier mobile video processor, the MA1110, at Mobile World Congress 2009 were met with uniformly positive responses. Mobile social networking is seen to be the ‘next big thing’ in the mobile space and the ability of Movidius’ technology to deliver mobile video editing is key to realising a complete user experience.

“We’re really excited to have someone of Gary’s calibre joining the team,” said Sean Mitchell, CEO of Movidius. “Gary’s previous successful track record and strong industry relationships make him a very significant addition to our board. He brings substantial experience to the table, and will play a key role in guiding Movidius’ strategic direction in the future and in accelerating our market engagements.”

-ENDS-


About Movidius

Movidius is a fabless semiconductor company whose technology delivers unique video editing and post-production capabilities for the creation of User Generated Content for mobile social networking. Movidius’ video processor hardware and application software is specifically designed to suit low power mobile phone and consumer electronics, enabling handset manufacturers to create highly differentiated products and enhanced user experiences.

Movidius has offices in Dublin and Hong Kong, with a substantial software development centre in Romania. Movidius is venture backed, with investors including: Celtic House Venture Partners, Capital-E, Emertec Gestion, AIB Seed Capital Fund and Enterprise Ireland.

For more information on Movidius, visit: http://www.movidius.com


Editorial contacts:
Siobhan Gaffan / Alex Perryman
Movidius@eml.com
Tel: +44 208 408 8000

For Movidius:
Bob Tait
pr@Movidius.com
Tel: +(353) 87 207 5859


Publisher Contact Information:

Movidius (formerly Movidia)
+(353) 87 207 5859
pr@Movidius.com

Company profile of Movidius (formerly Movidia)
Past press releases of Movidius (formerly Movidia).

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