Berglund and Bergstrom Join the Board of NME Inc.
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LONDON, Aug. 24 -- New Medium Enterprises (NME) (BULLETIN BOARD: NMEN) , provider of the affordable, high-quality HD VMD disc solution, announced today that Thomas Berglund and Per Bergstrom have joined the company's Board of Directors.
Both Thomas Berglund and Per Bergstrom bring a wealth of experience growing and managing successful international operations, trading in multiple markets worldwide. They will work with the NME Board and senior management team to further develop its business on a global scale and promote its HD VMD disc format and players.
Thomas Berglund has been with Securitas for 22 years, including the last 14 years as President and CEO and as a Board member of Securitas AB. Under his management Securitas has became a focused security company in both Europe and the USA with sales growing from 7 to 66 billion SEK. With the initiative to divide the Group into specialized companies he helped usher in a successful era of expansion, consolidation and restructuring in the security industry.
Per Bergstrom is a successful technology and telecoms entrepreneur and investor, pioneering operations stretching from Scandinavia to the Americas. As former CEO and Founder of successful Cybercom Group, an IT/Telecoms consultant company with offices in Denmark, India, Sweden, Singapore, Poland and the UK, Bergstrom helped lift Cybercom on to the Stockholm Stock Exchange O-list in 1999. Currently, he is the Chairman of digital advertising solutions provider Timecut AB(Plc) and Swedish listed IT/Telecoms content provider TeleVoice5 AB.
NME's CEO Mahesh Jayanarayan states, "These two gentlemen will bring a great deal of expertise and experience to the company and their public company experience will strengthen our company especially at the time when we intend to list on a major exchange"
What you should know about HD VMD:
HD VMD (Versatile Multilayer Disc) is NME's proprietary high definition disc format based on established red laser technology. HD VMD's seamless and cost-effective manufacturing solutions for HD products are based on the existing DVD production infrastructure. HD VMD prices and costs are very close to DVDs and bring a quality that rivals Blu-ray and HD DVD.
HD VMD is a true HD format with 1920 x 1080i/p resolution, up to 40 Mbps bit rate playback, DVD up-scaling so users can watch their existing DVD collection and achieve premium picture quality through their HD TV monitors. The HD VMD player is suitable for playback on all HD-capable display devices and will support existing optical disc formats: CD, DVD. The HD VMD players also feature Advanced Encryption Standard (AES) and all region codes for greater film viewing flexibility.
HD VMD is currently being adopted by content providers and distributors in more than a dozen regions worldwide, including Australia, Brazil, Central Europe, China, France, Germany, Iceland, India, Japan, Scandinavia, Middle East, Russia and the United States.
About NME:
New Medium Enterprises Inc. is listed on the OTC BB exchange in the U.S. under the symbol NMEN; NME's HD VMD drives offer the world's first affordable solution in true High Definition based on current red laser technology and the existing DVD industrial infrastructure. Incorporating break-through optical storage capacity, red laser-based players, the HD VMD file format, copyright encryption, authoring tools and compression technologies, NME is providing the only high-quality and high-value HD offering for the consumer electronics market.
For additional information about NME, please visit: http://nmeinc.com/
Source: New Medium Enterprises
CONTACT: Patrick Henningsen, Director of Marketing & Communications of NME Inc., +44208-746-2018, patrick@nmeinc.com
Web site: http://nmeinc.com/
