NEW YORK, June 28, 2017 /PRNewswire/ — Linius Technologies Limited (ASX: LNU), developer of the Video Virtualization Engine™ (VVE™), today announced the appointment of Ken Ruck to the post of executive vice president to lead the Personalized Advertising Division, effective immediately.

Ruck will report to company CEO, Chris Richardson and will lead one of Linius’ four core industry divisions in its mission to revolutionize and unlock the vast potential of personalized advertising. By virtualizing video, Linus unlocks the raw data of video, enabling

• Targeted, personalized advertising for cable companies, for the first time
• AI enhanced personal viewing experiences
• Deep analytics for advertisers, broadcasters, and cable operators
• Programmatic content and advertising creation for IP-TV and OTT digital-media broadcasters

“Ken is coming on board at an exciting stage of Linius’ growth,” said Chris Richardson, CEO of Linius. “A substantial opportunity lies ahead for Linius to utilize video virtualization to create a new standard for personalized advertising for the broadcast and online industries. Ken’s rich experience in the video software industry as well as his keen understanding of the of digital media and AI technologies will help us take our business to the next level.”

Ruck joins Linius from Kodak where he served as Chief Innovation Officer working on new digital products with a focus on advanced development of video image recognition and artificial intelligence systems.

Prior to Kodak, Ruck worked at scaling both start-up and large media company products and held positions of VP of Video Monetization for Flash Networks, Co-Founder of Hemisphere Interactive, the most successful video product development firm with clients consisting of all the top international media companies, as well as executive roles with Turner Broadcasting, MTV, Virgin Mobile, and ACNielsen.  Ruck was a Founding Member of Oberon Media, a globally successful video game platform start-up.

“I am delighted to take on the challenge of driving Linus’ growth globally for its Personalized Advertising division,” said Ruck. “My top priority will be to drive virtual video throughout the ecosystem of players in the advertising and broadcast worlds. We are well positioned to lead a fundamental transition in how video works, underpinned by AI and blockchain, and I am looking forward to building my world-class team and driving revenue.”

About Linius Technologies Limited

Linius Technologies Limited (ASX:LNU) is set to revolutionize the world of video. The Linius Video Virtualization Engine™ has cracked the code of content intelligence and created the next evolution of video streaming. Linius transforms cumbersome, static video files into agile, dynamic files that can be easily manipulated on the fly, in order to deliver an enhanced, custom experience for both broadcasters and end-users in any way imaginable, and some as yet to be imagined.

Linius’ patented Video Virtualization Engine™ cuts costs and boost revenues across the multi-billion dollar video industry.

For more information, please contact:

Chris Richardson, Chief Executive Officer
Linius Technologies Limited
T: +61 3 9607 8234
Press and Media: pr@linius.com 
Investors: ir@linius.com 
General: info@linius.com

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SOURCE Linius Technologies Limited