Ooyala Names Fred Warren Chairman

Ooyala, the leading provider of end-to-end video platform applications and services, today announced the election of Fred Warren as non-executive Chairman of Ooyala’s Board of Directors, effective immediately.

Mr. Warren co-founded Brentwood Associates in 1972, which became a leading venture capital investment firm on the West Coast. In 1984, he initiated and led Brentwood’s formal entry into the leveraged buyout business and its evolution as a private equity investment firm. In 2000, he organized Sage Venture Partners, a “friends and family” venture capital fund.

Brentwood Associates was an investor in a variety of technology ventures and private equity investments including Apple, Prince, Harman International, Rental Service Company, Maxim Integrated Products and Zumiez. Prior to Brentwood Mr. Warren was President and CEO of Westland Capital Corporation (a venture capital investment company) and General Television, Inc. (a leveraged build-up in the cable television industry). Today, he serves as a Director/Advisor of Slingshot Sports, Plainview Capital Management, NeoMedix, Everest Sciences, and Winery Exchange.

Mr. Warren holds an engineering degree from University of Pennsylvania and an MBA from the Wharton School. At the University of Pennsylvania, he has served on the Board of Trustees, and currently serves on the Board of Overseers for the school of Engineering. Additionally, he was a founding Board member of the National Venture Capital Association.

“We are pleased that Fred has agreed to offer his guidance and leadership as Chairman during this exciting period of growth and development,” said Jay Fulcher, Ooyala’s recently named President & CEO. “The online video market is exploding, and Ooyala has an incredible market opportunity. Fred is an accomplished investor, Board member and media expert who will provide sound advice based on his vast experience and well recognized track record. I look forward to working closely with him as we drive the company forward.”

“As an original investor in Ooyala, I have seen firsthand the impressive progress Ooyala has made in just two short years,” said Fred Warren. “While I have been reluctant to take on other Board roles in recent years, this company is just too interesting, too much fun and has too much potential to not be involved. I look forward to working with Jay and the team to build a great success.”

Ooyala has over 140 global media and enterprise customers including Warner Brothers, Electronic Arts and Sybase, and over 300 other customers who use the Ooyala platform.

About Ooyala, Inc.

Ooyala is a video technology company that provides a comprehensive software platform enabling the delivery, management, and monetization of high quality online video content. Its innovative analytics engine and monetization server allow video content owners to drive revenue by maximizing the value of their content. Ooyala has over 500 customers, including 140 global media and enterprise customers such as Warner Brothers, Wenner Media, Fremantle, Armani, Sybase and Electronic Arts.

For more information please visit www.ooyala.com.
Contacts

Ooyala, Inc.
Alexa Lee, 650-417-5184
alexa {at} ooyala(.)com