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FORMER CEO OF CORBIS JOINS PHOTOCHANNEL BOARD
VANCOUVER, BC – March 29, 2005 – PhotoChannel Networks Inc. (TSX-V: PNI and OTCBB: PHCHF), the global leader in digital imaging network technology, is pleased to announce that Doug Rowan, former CEO of Corbis, a private company wholly owned by Microsoft Chairman Bill Gates and one of the world’s largest resources of visual information - a comprehensive digital archive of art and photography from public and private collections around the globe, has been elected to its Board of Directors. Upon his election to the Board, Mr. Rowan remarked "I am very enthusiastic to be joining the Board of Directors at this time. PhotoChannel is very well positioned with its technology, existing customer base and opportunity for exponential growth. Revolutionary changes are happening within this industry so I am very pleased to be here at this exciting time.” Peter Fitzgerald, Chairman and CEO, commented that “I am very pleased PhotoChannel has been able to attract an individual of Mr. Rowan’s caliber. He has enjoyed a very distinguished career and will be of great value to the Company. Doug’s vast understanding of digital imaging and content, along with his knowledge of today’s industry and photofinishing retailers reinforces PhotoChannel’s commitment to leading advancements within digital photofinishing solutions.” Currently, Mr. Rowan is President and CEO at Imaging Solutions, a Seattle based consulting services company founded in 1997. Prior to this, he was President and CEO of Corbis. At Corbis, Mr. Rowan oversaw the acquisition of the Bettmann Archive, established the Corbis brand, and migrated the Corbis business from off-line CD-ROMs to the current Corbis Web-based business model. Mr. Rowan began his career in the computer industry with IBM where over a 22-year career he served in numerous management positions in sales and marketing. He also worked for several technology companies, including as President of AXS, a pioneer company in establishing rights to digital content. Mr. Rowan earned his undergraduate degree in electrical engineering from Cornell University, where he also received an MBA in business administration. WARNING: The TSX Venture Exchange has neither approved nor disapproved the information contained in this release. The Company relies upon litigation protection for "forward-looking" statements. “ |
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