videantis appoints Young-Hun Kluge VP Sales and Marketing

videantis strengthens executive team with well networked industry insider

Hannover, Germany - October 1, 2007 - videantis GmbH, a leading provider of video engines, today announced the appointment of Young-Hun Kluge as Vice President Sales and Marketing. In this position, Mr. Kluge's responsibilities include sales and marketing initiatives and the expansion of the global sales structure to continuously increase videantis' worldwide market position in the segments of mobile and home multimedia.

"Mr. Kluge's internationally respected industry competence in the video business community adds great value to our executive team," said Hans-Joachim Stolberg, CEO and CTO. "His proven track record for global IP business expansion and for worldwide sales leadership will be a key to our strategy for establishing further presence in the high growth multimedia market. We welcome Young-Hun Kluge in our company."

Mr. Kluge has more than 13 years IP business experience and joins videantis from Silicon Image, where he held the position of a Director in Sales and Marketing for IP business. His position was transformed from a three years VP Sales and Marketing position through the acquisition of sci-worx by Silicon Image in January this year. In these positions, he highly increased market penetration, especially in Asia and developed very successful product portfolio partnerships. Prior to these responsibilities, Mr. Kluge held positions in key account management, marketing, and engineering at sci-worx/SICAN. Mr. Kluge holds an MS in microelectronics from the University of Hannover.

"I am extremely happy to join videantis," Mr. Kluge said. "There is a portfolio of the most advanced video solution packages available that is unmatched in the industry. This offering brings tremendous value to the market as it is a flexible video technology up to high-definition resolution. It supports the customers to offer up-to-date products to the fast moving consumer market to decrease system cost. I am looking forward to contributing my skills, experience, and network in the interest of videantis' existing and future customers and partners."

About videantis

videantis GmbH, based in Hannover, Germany, is a leading chip, silicon IP, and software solutions provider for mobile, home, and custom multimedia applications. videantis combines the expertise of an application-adapted, yet fully programmable architecture, an extensive portfolio of optimized applications, and system-on-chip integration services to offer comprehensive one-stop video solutions. Based on its application-optimized processor platform family, videantis licenses multi-standard capable video IP solutions for the most advanced video coding standards, including H.264/AVC, MPEG-2, MPEG-4, H.263, DivX, WMV9/VC-1, etc., and video enhancement. As a fast-growing company, videantis continues to extend its technical expertise with further build-up of personnel. For more information about videantis, please visit http://www.videantis.com.

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