Signature Devices, Inc. Announced Today That Jim Caparro Has Officially Joined Its Subsidiary -- 7th Level Entertainment Group -
19 Mai 2010 - 7:10PM
Marketwired
7th Level Entertainment Group -- a wholly owned subsidiary of
Signature Devices, Inc. (PINKSHEETS: SDVI) in Redwood, CA --
announced today that Jim Caparro officially joined the 7th Level
team as the Managing Director of 7th Level's Creative Entertainment
Division. Mr. RJ Bucaria, CEO, said: "Jim is one of the most
successful and respected individuals in the entertainment industry.
We are thrilled to have him bring his passion, drive and expertise
to the helm of our New Media Entertainment Division."
In his new post as Managing Director, which begins June 7th
2010, Mr. Caparro will be headquartered in New York and will be
responsible for the acquisition, development and operational
management of the companies in 7th Level's New Media Entertainment
Division which includes Kefi Entertainment, a new artist music
company distributed by Universal/Fontana Distribution. Mr. Caparro
will also be working very closely with both Mr. Bucaria and 7th
Level CFO Jack Carton to complete investments in 3 other New
Media-based entities for the division, which include a lifestyle
media marketplace, a cutting edge digital marketing company and an
entertainment-based transactional company.
Regarding his new post with 7th Level, Mr. Caparro said: "I am
thrilled to be working with RJ and his team. 7th Level's support of
my vision to identify, invest in and integrate independently viable
next generation new media companies is very exciting. The challenge
of creating a content ecosystem of the future whereby connecting
high quality content creators with users more directly, efficiently
and effectively has been a lifelong passion."
About Jim Caparro Jim Caparro is an
accomplished Chief Executive with broad-based expertise in managing
and evaluating business situations and developing effective
solutions. Throughout his 25 year+ career, Mr. Caparro has been
known as an innovator and dynamic leader. After getting his start
in the sales and marketing department of Sony Music, Mr. Caparro
went on to create PolyGram Group Distribution which became one of
the largest and most respected full service entertainment
distribution companies in the U.S. After several years as Chief
Executive Officer responsible for six PolyGram Opco's, including
PolyGram Group Distribution, PolyGram Video, PolyMedia, PolyGram
Merchandising, PolyGram New Media Technologies and PolyGram
Independent Label Sales, Mr. Caparro founded The Island Def Jam
Music Group. As Chairman and C.E.O. of The Island Def Jam Music
Group, Mr. Caparro created one of the largest and most profitable
record labels in the industry by combining 14 separate labels
including Mercury Records, Island Records and Def Jam Recordings.
In 2004, Mr. Caparro founded the Entertainment Distribution
Company, a neutral provider of complete supply chain solutions for
the entertainment industry.
About the 7th
Level Entertainment Group The 7th Level
Entertainment Group (www.7leg.com) is an International Event
Production and Talent Management company that provides clients with
a wide range of production and management related services across
the full spectrum of the entertainment industry. The 7th Level
Entertainment Group is a wholly owned subsidiary of Signature
Devices Inc./ Graffiti Entertainment (PINKSHEETS: SDVI).
About Signature Devices, Inc. and Graffiti
Entertainment, Inc: Based in Redwood City, Calif., Signature
Devices, Inc. creates, develops and manufactures advanced
information technology, including computer systems, software and
electronics products. One of the Company's premier technologies
includes a blend of hardware and software for image generation
technology used in video games and simulations. Signature Devices
also owns Graffiti Entertainment, Inc.
(www.graffitientertainment.com), a publisher of interactive
entertainment software for advanced entertainment consoles.
The information in this press release includes certain
"forward-looking" statements within the meaning of the Safe Harbor
provisions of Federal Securities Laws. Investors are cautioned that
such statements are based upon assumptions that in the future may
prove not to have been accurate and are subject to significant
risks and uncertainties, including the future financial performance
of the Company. Although the Company believes that the expectations
reflected in its forward-looking statements are reasonable, it can
give no assurance that such expectations or any of its
forward-looking statements will prove to be correct. Readers are
cautioned not to place undue reliance on these forward-looking
statements that speak only as of the date of this release, and the
Company undertakes no obligation to update publicly any
forward-looking statements to reflect new information, events, or
circumstances after the date of this release except as required by
law.
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