Avail Media, Inc. Names Jorge Forgues as Chief Financial Officer
Long Time Telecommunications, Technology and Financial Markets Veteran Joins Avail Media
Reston, Virginia, June 6, 2007 - Avail Media, Inc., a provider of IPTV and advanced media services to broadband operators, today announced that Jorge Forgues has joined the company as its Chief Financial Officer. Mr. Forgues brings over 25 years as a financial executive with deep-rooted experience in telecommunications and technology. Mr. Forgues brings to the company a diverse set of skills both domestically and internationally in Asian, South American and European markets. Mr. Forgues was named "Private Company CFO of the Year" by the Northern Virginia Technology Council (NVTC) in June 2006.
"We are extremely excited that Jorge has chosen to join the Avail Media team," said Ramu Potarazu, CEO of Avail Media. "Jorge has a depth of knowledge both domestically and internationally that will help us grow this business in an efficient and well orchestrated manner."
During his career, Mr. Forgues has developed a broad range of experience and earned success in both large and start-up company settings. Most recently, Mr. Forgues served as the Chief Financial Officer of iDirect, a $150 million revenue company, where he helped to orchestrate a successful sale of the business in 2005. Prior to iDirect, Mr. Forgues served as the Chief Financial Officer and Chief Operating Officer of Inter.net, a $100 million international Internet Service Provider. In addition, Mr. Forgues was the Chief Financial Officer for PSINet's Latin American Division, (a multi-billion dollar international company).
"Avail Media is on the front edge of a large growth curve when you look at the opportunities in the content distribution market. The company has both the technology and the exemplary service required to become the market leader in this space," said Jorge Forgues. "I am very pleased to join such an experienced management team of service and telecommunication veterans."
Mr. Forgues is a CPA and earned his Masters of Business in finance and a Bachelors of Science in accounting from George Mason University.
About Avail Media, Inc.
Founded in early 2007, Avail Media is the emerging leader in providing managed content services and technologies delivered through a fully integrated head end infrastructure, for the profitable deployment of IP video. Through a combination of best-of-breed technologies Avail Media offers a complete end-to-end platform to serve a broad array of customers. Avail Media possesses a large content rights library of over 300 channels from national programmers, including premier content from programmers such as ABC-Disney, Turner, NBC-Universal, MTV Networks, Fox Networks, and many others. Avail Media now offers the broadest and deepest set of services, technologies and solutions among its competitors. For more information, please visit www.availmedia.com.