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Magenta Research CEO and Founder to Retire, New President Announced

New Milford, CT, May 6, 2009 – Magenta Research, a recognized leader in video, audio and control signal distribution and switching over structured cabling, announced today that its founder and CEO, Keith Mortensen, will be retiring from the company effective May 8, 2009.

In the eleven years since it’s founding, Magenta has grown from a small, self funded startup, to an industry leader with tens of millions in annual revenue and the industry’s most comprehensive lineup of AV extension, distribution and switching products.

Mortensen stated, “It is with mixed emotions that I leave. While it has been my privilege to work with the talented and driven people that enabled Magenta to get where it is today, I excitedly look forward to exploring new opportunities and challenges?.

Bob Michaels, who joined the company in early 2008, will take over as President. Michaels has a strong International background with more than 20 years of experience at the helm of advanced technology companies.

Mortensen continued, “I hand picked Bob 18 months ago specifically for this purpose. He has been effectively running the day to day operations since coming on board and I am thrilled to pass on the reins of the company to an individual whose strong focus on technology gain and expansion into international markets will ensure Magenta’s continued leadership in the industry.?

Michaels added, “Each individual here at Magenta has great appreciation for everything Keith accomplished, both professionally and personally. His vision and leadership enabled Magenta and its employees to thrive during his tenure.?

He continued, “Having made significant strides in our development programs over the past year; we will use InfoComm 2009 as a platform to introduce a number of new products that address a wide range of applications for switching and distribution of AV in the digital domain.?

About Magenta Research:
Serving the Pro-AV and digital signage markets for over 11 years, Magenta Research is a pioneer in the transmission, switching and flexible distribution of audio, video and serial signals over structured cabling. Using low cost UTP cables, Magenta’s flagship MultiView Series extends high-definition video and audio with serial data at 1920×1200 resolution over an unmatched distance of 2000ft/609m. Fully compatible with the MultiView Series, Magenta’s Mondo Matrix delivers the world largest, most scalable and the only field-upgradable full-matrix switching platform with modular configurations from 16×16 to 256×512. Combined with Magenta’s Infinea UTP/fiber and Cyan by Magenta Series extension products, Magenta’s comprehensive product portfolio, not only covers virtually any AV distribution requirement, but also boasts the industry’s most reliable signal distribution product line. Ideal for any application environment, products from Magenta Research have been chosen for innumerable high-profile installations around the world.

http://www.magenta-research.com

CONTACT:
Magenta Research Marketing
marketing@magenta-research.com
128 Litchfield Rd.
New Milford, CT 06776

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