Watchit Media, Inc. Appoints John C. Dong Chief Financial Officer; Veteran Financial Executive Brings Over 25 Years of Media De
March 14 2006 - 6:03PM
Business Wire
Watchit Media, Inc. (OTCBB:WMDA) today announced the appointment of
John C. Dong to the position of Executive Vice President, Chief
Financial Officer and Secretary. "John Dong is a very experienced
financial executive and strategist who brings a new dimension of
excellence to the Watchit organization," said James Lavelle
Chairman and Chief Executive Officer of Watchit. "During this
period of dynamic growth we require the depth of skill and
expertise John brings to our Company. Watchit will certainly
benefit from his knowledge of media delivery, entertainment,
acquisitions and financing rapidly growing public companies." John
Dong is 52 years old and is Executive Vice President, Chief
Financial Officer and Treasurer & Secretary of the Company. For
15 of the past 27 years prior to joining the Company, Mr. Dong
founded and grew a consulting firm specializing in acquisitions,
turnarounds, IPOs and divestitures. Mr. Dong's experience includes
financial services, as well as high tech development firms, venture
capital, Bio-Tech and media delivery and entertainment. Prior to
starting his consulting firm, Mr. Dong spent seven years as a
senior internal consultant with Wells Fargo Bank and led the IPO
effort for San Francisco Federal Savings. Most recently he led the
Sarbanes-Oxley compliance team for Cell Genesys (NASDAQ:CEGE), a
bio-tech firm focused on the development and commercialization of
novel biological therapies for patients with cancer. Prior to that,
he was CFO of BriteSmile Inc. a global leader in teeth whitening
(NASDAQ:BSML), and prior thereto was the Chief Financial Officer of
DV Capital, a diversified venture capital firm. Mr. Dong graduated
from the University of California at Berkeley with a Bachelor's
Degree in Accounting and Finance. Mr. Dong also holds an MBA and
earned his CPA credentials with Coopers & Lybrand, Int'l. "I am
thrilled to be able to contribute on behalf of an industry leader
like Watchit Media," said John Dong, Watchit Media CFO. "Watchit
Media has quickly been able to create a distinguished niche in the
narrowcasting space and I look forward to creating greater
synergies on Watchit Media's success thus far." About Watchit
Media, Inc. Watchit Media, Inc. is the leader in producing
high-impact television programming for Private Video Networks TM
that matches the unique interests and lifestyles of captive
audiences. Using digital photography, computer editing and Internet
Protocol technology, Watchit produces, schedules and presents its
video content via broadband to gaming and hospitality venues across
the United States. Watchit's brand marketing and proprietary
television programming reaches over 27,000,000 viewers per year.
Visit the Watchit Media, Inc. website at www.watchitmedia.com.