KIT digital Appoints Fabrice Hamaide as New Chief Financial Officer

Mr. Hamaide has extensive experience with high-growth, NASDAQ-listed technology companies. He most recently served as Chief Financial Officer of ATARI (formerly known as Infogrames), the global entertainment software developer, where he developed and executed a turnaround plan resulting in a rapid return to positive cash flow and profitability.

Prior to ATARI, Mr. Hamaide was Chief Financial Officer of Parrot SA, a European maker of wireless hardware and software for the mobile communications industry. Mr. Hamaide has also held executive and strategic positions at Talkway Communications, Logitech, and Ernst & Young.

"Fabrice has a proven track record helping transform global software businesses," said Barak Bar-Cohen, Chief Executive Officer. "He brings hands-on financial and operational experience to our global executive team, and will significantly enhance our ability to serve tier-one customers and unlock value for investors."

Mr. Hamaide holds a bachelor's degree in Mathematics from the University of Jussieu, a master's degree in Information Systems Design from Sorbonne University, and an MBA from Columbia University with a specialty in Finance and Organizational Management.

Source: KIT digital, Inc.