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RealNetworks Appoints Janice Roberts to Board of Directors
Sep 02, 2010 (05:09 PM EDT)
SEATTLE, Sept. 2 /PRNewswire/ -- RealNetworks®, Inc., (Nasdaq: RNWK) today announced that Janice Roberts has been appointed to the company's Board of Directors, bringing the number of Board members to nine, including seven independent directors.
"We are pleased to have Janice's knowledge and experience in the wireless communications industry on our Board," said Kalpana Raina, chairperson of the Board's Nominating and Corporate Governance Committee. "As RealNetworks is focusing its strategic transformation on the delivery of mobile media applications and services, her industry background in mobile, wireless and networking companies will provide us with valuable technical and business perspective for our growth initiatives."
Janice Roberts is a Managing Director with Mayfield Fund, a Silicon Valley-based venture capital firm, where she primarily focuses on mobility, wireless communications and consumer industries. Prior to her current position, she held various executive positions at 3Com Corporation, most recently those of President of 3Com Ventures, the investment division of 3Com Corporation, and Senior Vice President, Business Development and Global Marketing.
Ms. Roberts also serves on several advisory boards and on the boards of several private companies. She is actively involved with the Center for Entrepreneurial Studies at the Stanford School of Business, and holds a Bachelor of Commerce degree from the University of Birmingham in the United Kingdom.
"I am pleased to be joining the RealNetworks Board at this very important time in the company's transformation," said Ms. Roberts. "My corporate and venture capital background should provide useful perspectives as the company considers its strategic alignment in industries where I have spent much of my professional life."
Ms. Roberts will stand for election to the Board at the 2010 RealNetworks annual meeting of shareholders.
RealNetworks, Inc. delivers digital entertainment services to consumers via PC, portable music player, home entertainment system and mobile phone. Real created the streaming media category in 1995 and continues to offer pioneering products and services, including: RealPlayer®, the first mainstream media player to enable downloading, recording, editing and sharing of digital video; GameHouse®, one of the largest casual games services on the Internet; and a variety of mobile entertainment services, such as ringback tones, offered to consumers through leading wireless carriers around the world. RealNetworks' corporate information is located at http://investor.realnetworks.com.
SOURCE RealNetworks, Inc.