Brightcove Announces Executive Leadership Transition
"It has been an incredible honor to have led
The Board has appointed a special committee to identify and recommend candidates for the role of permanent CEO. The search will consider both internal candidates and external candidates with the support of an executive search firm.
About
Forward-Looking Statements
This press release includes
certain "forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995, including our position to
execute on our growth strategy, our ability to expand our leadership
position and execute our CEO transition and market opportunity. These
forward-looking statements include, but are not limited to, plans,
objectives, expectations and intentions and other statements contained
in this press release that are not historical facts and statements
identified by words such as "expects," "anticipates," "intends,"
"plans," "believes," "seeks," "estimates" or words of similar meaning.
These forward-looking statements reflect our current views about our
plans, intentions, expectations, strategies and prospects, which are
based on the information currently available to us and on assumptions we
have made. Although we believe that our plans, intentions, expectations,
strategies and prospects as reflected in or suggested by those
forward-looking statements are reasonable, we can give no assurance that
the plans, intentions, expectations or strategies will be attained or
achieved. Furthermore, actual results may differ materially from those
described in the forward-looking statements and will be affected by a
variety of risks and factors that are beyond our control including,
without limitation: our history of losses; our limited operating
history; expectations regarding the widespread adoption of customer
demand for our products; the effects of increased competition and
commoditization of services we offer, including data delivery and
storage; keeping up with the rapid technological change required to
remain competitive in our industry; our ability to retain existing
customers; our ability to successfully recruit additional
highly-qualified personnel and execute our CEO transition; the price
volatility of our common stock; and other risks set forth under the
caption "Risk Factors" in our most recently filed Annual Report on Form
10-K, as updated by our subsequently filed Quarterly Reports on Form
10-Q and our other
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Investor Contact:
ICR for
brian.denyeau@icrinc.com
or
Media
Contact:
pleclare@brightcove.com
Source:
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