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Mike Rhine Joins da Vinci as Vice President of Finance

To be responsible for da Vinci's finance, operations, and IT departments (February 24, 2005)

da Vinci Systems today announced that Mike Rhine has been named vice president of finance, joining the leader in image enhancement technologies after five years with parent company Acterna, Inc. Rhine will be responsible for da Vinci's finance, operations, and IT departments, and will work closely with the R&D, marketing, and sales divisions to identify and evaluate investment opportunities, improve profitability, and drive top-line growth.

"Adding Mike to the executive team is a coup for da Vinci," said Bill Robertson, general manager at da Vinci. "Mike has utilized his foresight and attention to detail with great success at Acterna. Having worked with our parent company for several years, he's already familiar with da Vinci and will transition easily to facilitating the goals and activities of our company. We're all looking forward to seeing the impact he'll make on da Vinci's continued growth and success."

Prior to joining da Vinci, Rhine held various positions in Acterna's corporate finance organization, starting in 2000 as director of corporate finance and investor relations, and more recently as corporate treasurer, where he was responsible for Acterna's cash, debt, and banking operations; risk management; and the maintenance of strong creditor and shareholder relationships. After earning his MBA in 1997 from the University of North Carolina at Chapel Hill, Rhine joined International Business Machines (IBM). He held several positions over three years of employment at IBM, culminating as manager of worldwide cost management and planning, before leaving to join Acterna.


"da Vinci has innovative and loyal customers, and a terrific base of suppliers and business partners," said Rhine. "As post production has evolved, so too has da Vinci. I'm very excited to contribute to this continued growth and leadership in the color enhancement and image restoration industry."

More information about da Vinci Systems and its color enhancement and restoration technologies is available at www.davsys.com.


About da Vinci Systems, Inc.
da Vinci Systems, an Acterna Inc. company, is the leading provider of color enhancement and image restoration products used in post-production facilities worldwide. Incorporating the company's Emmy® Award-winning technology, da Vinci's products support SDTV, HDTV, data, and digital film. Since the introduction of the company's first color corrector in 1984, da Vinci has been a front-runner in the field of image enhancement, shaping color enhancement into the vital role it holds in post production today. The company is headquartered in Coral Springs, Fla., with offices in Los Angeles, New York, London, Paris, Germany, and Singapore.

About Acterna, Inc. Based in Germantown, Md., Acterna, Inc., is the parent company of Acterna, the world's largest provider of communications test solutions for telecommunications and cable network operators, and da Vinci Systems. Acterna (www.acterna.com) offers an unmatched portfolio of award-winning communications test instruments, systems, software, and services that help its customers reduce network costs while improving performance and reliability.

 


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Related Keywords:Mike Rhine, da Vinci, Acterna, Bill Robertson, color enhancement,

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