WorldWinner Appoints New Chief Technology Officer and Vice President of Finance
Michael Enright and Joshua Grady Join Expanding Management Team
Newton, Mass. - June 12, 2007 - WorldWinner, a subsidiary of FUN Technologies Inc. (TSX:FUN) (AIM:FUN) and the leading provider of online game competitions for cash and prizes, today announced two new additions to its management team. Michael Enright has been named chief technology officer, responsible for WorldWinner's overall technology operations and strategy, as well as the company's product roadmap. Additionally, Joshua Grady has been named vice president of finance and controller, responsible for implementing accounting practices to maximize business efficiency and ensure compliance with rigorous accounting requirements of being held by a public company. Both new hires report to Peter Blacklow, president of WorldWinner, and are based out of the company's headquarters in Newton, Mass.
"With their collective industry, online and general business experience, Michael and Joshua are a perfect complement to our extremely talented and growing management team," said Peter Blacklow. "We look forward to leveraging their expertise to further strengthen our position as the world's leading provider of online game competitions."
Michael joins WorldWinner from Turbine, Inc., a premier Boston-based developer, publisher and operator of online entertainment, where he served as the vice president of domestic and international publishing. In this role, Michael was responsible for the recent successful domestic and international launch of the critically-acclaimed massively multiplayer online game (MMOG) The Lord of the Rings Online: Shadows of Angmar. In his prior role as vice president of technology and project management, he led Turbine's engineering and project management organizations through the successful domestic and international launches of another of Turbine's recent MMOG products, Dungeons and Dragons Online: Stormreach. Before joining Turbine, Michael was president and chief technology officer of Hamilton Technology Advisors, where he helped companies increase revenue by extending their products and services through the targeted use of new technologies. Throughout much of his career, Michael has held senior leadership positions, including chief technology officer for Harvard Business School Interactive and CMGI/MyWay.com. He has also held management and engineering positions with Spyglass Technologies, Digital Equipment Corporation, Compaq Computer, Cambridge Research Associates, Wavefront Technologies, Amdhal and IBM. Michael received a Bachelor of Science degree in Computer Science from Tufts University and attended Harvard Business School's Delivering Information Systems Executive Education program.
Prior to joining WorldWinner, Joshua was vice president of finance and administration for All Seasons Services, a multi-state food service provider with more than $150 million in total revenue and 1,350 employees. Previously, he was controller and chief financial officer of Kabloom, a national retail flower chain with ecommerce presence, where he managed all financial and administrative areas of company as it grew from 30 to 115 stores through franchising, with more than $40 million in total system revenue. He was also president and owner of Dutch Flower Garden, Boston's premier high-end retail florist, where he managed all financial and operational areas of the company for three years before selling the business. Throughout his career, he held other senior financial and accounting positions, including with Coopers & Lybrand, where he planned and supervised audit engagements for clients in the manufacturing, biotechnology, financial services and retail industries. Joshua earned his Bachelor in Business Administration degree in Accounting from the University of Massachusetts at Amherst.
WorldWinner ( www.worldwinner.com) is the leading provider of online game competitions. It hosts competitions in some of the most popular casual games-including Solitaire, Bejeweled 2, SCRABBLE® Cubes, Luxor and Cubis-in which players compete against one another for cash and prizes. WorldWinner's broad network of partner sites includes leading global brands, such as AOL Games, EA-Pogo, GSN, Lycos, MSN Games and Virgin Games. WorldWinner has more than 30 million registered players worldwide.
About FUN Technologies
FUN Technologies Inc. is one of the world's leading providers of online and interactive casual and fantasy sports games and sports information. FUN is 53% owned by Liberty Media Corporation (NASDAQ:LINTA, LCAPA), and FUN's common shares are listed on both the Toronto Stock Exchange and the Alternative Investment Market (AIM) of the London Stock Exchange under the symbol "FUN". For more information on FUN Technologies' offerings, visit www.funtechnologies.com.