Yovav Meydad will join ZIM’s Advisory Board to assist with Business and Technology Development.
Ottawa, Canada - September 05, 2006 - Today ZIM Corporation announced that Yovav Meydad, former Chief of Product Management at Spark Networks, joined the company’s Advisory Board. Meydad's role will be to assist with Business and Technology Development for ZIM’s mobile content and P2P Internet TV strategy.
"I am confident that my past and present roles with leading online companies such as ICQ and Spark Networks will serve as a tremendous asset to ZIM’s new direction”, said Meydad.
Prior to joining Spark Networks, Meydad worked for ICQ Mobile (an AOL Time Warner Company) as Director of the ICQ Wireless Accounts Management Group. Spark Networks is among the world’s leading providers of online personals and community services in the United States and internationally. Spark is running a diversified portfolio of 31 consumer websites including JDate.com, AmericanSingles.com, ChristianMingle.com, Date.ca, Date.co.uk, JDate.co.il, Cupid.co.il, BlackSinglesConnection and others. Spark Networks is a public company and its shares are traded on the American Stock Exchange (symbol: LOV).
"His knowledge, expertise and experience in launching an ‘internet product’ into the mobile space makes him uniquely suited to help lead ZIM’s Advisory Board.” We are very pleased that Meydad has joined our team,” said Michael Cowpland, President and CEO of ZIM Corporation.
ZIM is a leading direct-to-consumer Mobile Entertainment and Internet TV service provider. Through its global infrastructure, ZIM provides publishing and licensing services for market-leading mobile content and for peer to peer (P2P) Internet TV broadcasting. For more information on ZIM and its customers, partners and products, visit: www.zim.biz.
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This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of Securities & Exchange Act. ZIM Corporation intends for the forward-looking statements to be covered by the safe harbor provisions for forward-looking statements. All statements related to the Advanced Internet Services Inc. acquisition and ZIM's growth strategy and the outcome of any contingencies, are forward-looking statements. All forward-looking statements made in this press release are made as of the date hereof, and ZIM Corporation assumes no obligation to update the forward-looking statements included in this news release. The forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those set forth or implied by any forward-looking statements. Potential risks and uncertainties include, among others, the uncertainty of future revenue and profitability, ZIM's ability to successfully market mobile entertainment to consumers, that we may incur unexpected costs integrating the businesses, and that we may not be able to realize expected synergies in the businesses. Please refer to ZIM Corporation's filings with the SEC for additional information regarding risks and uncertainties, including, but not limited to, the risk factors listed from time to time in such SEC reports. Copies of these filings are available through the SEC's electronic data gathering analysis and retrieval system (EDGAR) at www.sec.gov.