Sony and Omnicom heavyweights join IGA Worldwide
Board appointments cement market position following $12 million funding round
In a move set to further drive in-game advertising into the
mainstream, former President of Sony Entertainment Europe,
Chris Deering and Vice Chairman of Omnicom, Bruce Nelson have
joined the board of IGA Worldwide, Inc.
With over 25 years experience in the interactive
entertainment sector, Deering is recognised as one of the
true pioneers of the videogame industry who has helped to
shape the sector into a multi-billion dollar business. During
his 20 years at Sony he was COO of the International Division
of Sony Pictures Home Entertainment and thereafter both
established and headed the Sony Computer Entertainment Europe
(SCEE) division where he masterminded the launch of
PlayStation 1 and 2 as well as PSP. He became President of
Sony Europe, Consumer Electronics Division in 2004 and was
subsequently responsible for revenues in excess of $10
billion. Deering has also held senior marketing positions at
leading consumer brands Gillette and Atari. In 2004 he
received the inaugural Interactive Industry Award from BAFTA
for his outstanding contribution to the games industry.
"The in-game advertising sector is growing at a phenomenal
rate and it has generated a tremendous buzz that could not be
ignored," said Deering. "Having witnessed and enjoyed the
growth of the games sector, l knew that in-game advertising
would be a space with huge growth potential and the
opportunity to lead the gaming industry in an exciting new
direction."
Having recently been appointed Vice Chairman at Omnicom,
Bruce Nelson brings more than 25 years of experience in
senior positions at leading global advertising conglomerates,
most recently as Chief Marketing Officer of IPG and prior to
that Vice Chairman at Young and Rubicam Inc. and Executive
Vice President of McCann Erickson Worldwide.
Amongst his many achievements at Interpublic Group, Nelson
introduced a pioneering business model whereby multiple
companies looked after the marketing needs of a single
client.
"The fact that we have attracted such major heavyweights to
our board from both the videogame and advertising sectors is
a great endorsement of both IGA and the in-game advertising
industry as a whole'," said Justin Townsend, CEO at IGA
Worldwide.
"Having spent two years perfecting our proprietary Radial
technology and infrastructure and building a successful
business in Europe, we are now fully engaged with our
roll-out into the US and Asia. The combined experience Chris
and Bruce bring to the board will build on the significant
momentum we've already generated for IGA Worldwide."
(475 words)
NOTES TO EDITORS
About IGA Worldwide, Inc. (www.igaworldwide.com)
IGA Worldwide is the global leader in 360-degree in-game
advertising solutions, helping brands to achieve measurable
results in the world's fastest growing and most engaging new
communications medium. Through its proprietary ad serving
network, Radial ®, IGA enables advertisers to dynamically
target millions of engaged consumers across a broad range of
game platforms, titles and genres, whilst its wholly-owned
communications consultancy, Hive Partners delivers strategic
consulting services and exclusive access to unique integrated
product placement and co-promotion opportunities.
Headquartered in New York with offices in London and Berlin,
the group is backed by Easton Capital Group, Morgenthaler
Ventures and DN Capital. IGA has recently been voted by ad
industry-leaders as the 'Breakout Company of the Year 2006'
and as a 'Top 100 Private Company' in the media and
entertainment sector in the OnHollywood awards.
For further press information please
contact:
Drew Benvie at LEWIS
Tel: +44 (0) 20 7802 2626
Fax: +44 (0) 20 7802 2627
Email: drewb@lewispr.com Web: www.lewispr.com
For IGA Worldwide enquiries, please contact:
Justin Townsend
Tel: +49 30 200 890 10
Email: justin.townsend@ingameadvertising.com
Web: www.igaworldwide.com