Vantrix, the global leader of mobile video optimization and delivery solutions, announced today that Betsy Atkins has been elected as Chairman of the Company’s board of directors.
“Betsy Atkins is a highly acclaimed board director, having served on some of the world’s most visible public company boards,” said Allan Benchetrit, president and CEO of Vantrix. “Vantrix has become a trusted partner to the world’s leading operators. We are delighted that Ms. Atkins has agreed to join Vantrix at this exciting time, and we look forward to working with her as we continue to provide the best user experience and most cost-effective mobile video technology to our customers worldwide. At this time, we would also like to thank Gary Donahee, who provided great support and guidance over his six years as a director.”
“Vantrix is a thriving early leader in mobile video,” said Betsy Atkins. “This industry segment is amongst the most vibrant in the wireless market. I am extremely pleased to be joining such a dynamic and promising company and look forward to my governance role while helping accelerate our market reach and visibility.”
Ms. Atkins began her business career as an entrepreneur and co-founded several successful companies. As a three-time CEO, she has been very successful in growing businesses that have resulted in acquisitions and public offerings. This includes Ascend Communications, which she co-founded and led through a $5.4B IPO, and which was eventually acquired by Lucent in 1999 for $25B. Currently, Ms. Atkins serves on the company boards of Polycom, Inc. (NASDAQ: PLCM), SunPower Corporation (NASDAQ: SPWRA) and Chico’s FAS (NYSE: CHS), and serves as an advisor to British Telecom (GB: BT.A) and SAP (NYSE: SAP). She is also a member of the Florida International University College of Medicine board of directors, and of the Council on Foreign Relations.
Ms. Atkins is also known for her independent early stage venture capital firm Baja Corporation, which focuses on technology, renewable energy and the life sciences industries. Baja’s astute technology-investing acumen was proven through early investments in companies such as Yahoo! and eBay. She is also recognized for her articles on corporate governance and best business practices which have appeared in publications such as Fortune, Forbes and BusinessWeek.
Ms. Atkins holds a Bachelor of Arts from the University of Massachusetts, Magna Cum Laude, Phi Beta Kappa & Trinity College Oxford. In 2001 she was appointed by President George W. Bush as a member of the Pension Benefit Guaranty Trust Company. She previously served on the boards of companies such as NASDAQ OMX Exchange Board of Directors, UTStarcom (NASDAQ: UTSI), Reynolds (NYSE: REY), Lucent (NYSE: ALU), HealthSouth (NYSE: HLS), Vonage (NYSE: VG), Paychex Corp (NASDAQ: PAYX), and Secure Computing (NASDAQ: SCUR).
Vantrix, the global leader of mobile video optimization and delivery solutions, improves mobile and converged video economics for its customers by ensuring that content is delivered cost effectively, and with the best possible user experience, regardless of the service, device or network. Vantrix solutions are deployed in over 70 networks, serving over 1 billion subscribers worldwide. Vantrix is proud to count among its customers: Sprint (NYSE:S), Orange, Telefonica (NYSE:TEF), T-Mobile, TeliaSonera (OMX:TLSN), MTS, Etisalat (ADX:ETISALAT), Saudi Telecom Company (TADAWUL:STC), and Tata Telecom. Vantrix is headquartered in Montreal with offices in London, Hong Kong, and Dubai. To learn more about Vantrix, visit www.vantrix.com.
Beverly Wilks, +1-514-866-1717 x296
Senior Director, Marketing
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