Verimatrix Expands Executive Team to Support Strong Growth Trajectory

Mike Kleiman Appointed COO to Execute Strategic Operations Initiatives and Support Rapidly Growing Customer Base

SAN DIEGO, CA--(Marketwired - Aug 11, 2014) -  Verimatrix, the specialist in securing and enhancing revenue for multi-network, multi-screen digital TV services around the globe, today announced that Mike Kleiman has been named chief operating officer (COO) of the company, a position that was created to help support the company's rapid growth. Verimatrix has continued to expand its market presence in the last year, surpassing 50 million screens protected with more than 750 operators in 110+ countries.

Kleiman joins Verimatrix from Verizon Digital Media Services, where he served as COO of the New Products Division. Verizon acquired EdgeCast Networks, of which Kleiman served as both COO and CFO, overseeing its stellar growth as the company became a leading global content delivery network (CDN). He also played an important role in integrating the two companies and leading the massive expansion of Verizon's global CDN infrastructure in the US, Europe, Asia Pacific, and Latin America markets. Prior to that, he helped develop and lead several internet and growth companies, serving as CEO of Strive International, president of SolutionPro, Inc., CFO/general manager of HostPro, Inc. (a division of Micron PC/Interland), CFO/CIO of the Calibri Group, Inc., and vice president of finance/operations of the Scott Sports Group, LLC.

"Mike will undoubtedly be a strong addition to our executive team," said Tom Munro, CEO, Verimatrix. "His experience leading high growth companies will be instrumental to Verimatrix as we continue to expand our presence around the globe and strive to achieve our vision of revenue security within the software-empowered video operator model."

Kleiman also spent seven years in "Big 6" public accounting and financial consulting as a CPA for Arthur Andersen LLP. He has a BS in accounting from Montana State and an executive MBA from Tulane, and has served on the boards of several technology startups.

To learn more about the company's vision and the role of revenue security in next generation, IP-centric networks, please download "Rise of the Software-Empowered Video Operator, Part II: Progressive IP and Software-based Ecosystems Deliver the Future."

About Verimatrix
Verimatrix specializes in securing and enhancing revenue for multi-network, multi-screen digital TV services around the globe. The award-winning and independently audited Verimatrix Video Content Authority System (VCAS™) and ViewRight® solutions enable cable, satellite, terrestrial, IPTV and OTT operators to cost-effectively extend their networks and enable new business models. As the established leader in cardless security solutions, the company has leveraged its innovative 3-Dimensional Security approach to provide harmonized rights for premium content delivery to a range of devices over new hybrid network combinations.

Maintaining close relationships with major studios, broadcasters, standards organizations and its unmatched partner ecosystem enables Verimatrix to provide a unique perspective on video business issues beyond content security as operators introduce new services to take advantage of the proliferation of connected devices. Verimatrix is an ISO 9001:2008 certified company. For more information, please visit, our Pay TV Views blog and follow us at @verimatrixinc, Facebook and LinkedIn to join the conversation.