Melbourne, Australia – 14 December, 2020: Linius Technologies Limited (ASX: LNU) – the only cloud-based
solution that transforms static video into hyper-personalized video experiences with its world-first Video
Virtualization Engine™ (VVE) – is pleased to announce the appointment of John Wallace as an independent
and non-executive director of the company.
operations, and sales, with an extensive understanding and experience in technology, television and
Media & Entertainment Industry’s century-old post production and video distribution services company.
Since retiring from Deluxe Entertainment Services last year, Wallace has been active in the startup
investment community as well as continuing his service on the Board of Directors of Avid Technology,
which he joined as an Independent Director in 2017.
Services at NBCUniversal. In this role, he led the company’s technology group and its global operations
including studio, production, and video distribution operations. Before taking this role, Wallace was
President, NBC Television Stations Division, where he led the company’s owned television stations, which
provide NBC network and local programming to nearly 30% of the nation’s households.
and a Master’s Degree from Montclair State University.
Linius Executive Chairman, Gerard Bongiorno, said, “The appointment of John Wallace adds a wealth of
global tier 1 experience and is a major coup for Linius as we productise Linius for specific uses cases and
move to expand our commercialisation globally”.Mr Bongiorno added, “We are confident that John’s appointment to the Linius Board which will be
rewarding for John and our stakeholders, and the Linius Board, management and staff are delighted to
welcome him to the company.”
be remunerated in equity rather than cash, subject to shareholder approval which will be sought as soon