Cdigix Names Anthony Ravani SVP of Technology and Operations - Former Microsoft Executive to Lead Company's Product Development and Support

SEATTLE--()--March 7, 2006--

  Cdigix Also Secures Commitments from Sixteen New Universities, Including UCLA and Eight University System of Maryland Institutions  



Anthony Ravani has been named Senior Vice President of Technology and Operations at Cdigix by Chairman and CEO Larry Jacobson. The twenty-year industry veteran, who previously held senior management positions at Microsoft Corp. and ExxonMobil among other organizations, joins the leading college-focused digital media service provider, which recently secured new university contracts with 16 additional institutions.

Mr. Ravani is charged with managing the strategic direction of Cdigix's product development and infrastructure as well as bringing new technologies to the company. "Tony Ravani is a world class technologist who has innovated tirelessly in both large and small business environments," said Mr. Jacobson. "I'm thrilled that he has joined the Cdigix leadership team at a time of both rapid customer expansion and product innovation."

Mr. Ravani brings more than 20 years of IT and operations experience to Cdigix, including ten years in executive roles. He has worked with a variety of customers at both a national and international level to continuously build effective processes integrated with state-of-the-art IT solutions. From 1991-1999 he held various titles at Microsoft including General Manager of Worldwide Operations/Information Technology from 1996-1999. Prior to Microsoft, Mr. Ravani spent eleven years at ExxonMobil, most recently as Director, Nationwide Distributive Systems from 1989-1991. He has also held executive positions at start-up organizations including MediaPassage and Ontain. Ravani holds multiple graduate degrees from Louisiana State University and is a 2007 Juris Doctor candidate from Seattle University Law School.

"The future of media is with digital media," said Mr. Ravani. "Cdigix is at the forefront of this revolution, which has arrived ahead of schedule on college campuses across the country. I'm honored to join the Cdigix organization and to help facilitate the movement taking place within this critical demographic of active digital media consumers."

As part of his immediate responsibilities, Mr. Ravani will oversee the roll-out of the company's services to 16 new university partners. Included in this new round of partners are two California universities - the University of California, Los Angeles and California State University, Fullerton, which have a combined student population of approximately 50,000. Cdigix also won a competitive bid held by the University System of Maryland to provide select services, including its digital music subscription service, to eight of the system's degree-granting institutions. Furthermore, Cdigix has secured new relationships with eight other universities across the country including the State University of New York (SUNY) Cobleskill; Temple University in Philadelphia, PA; and the University of Missouri, Kansas City.

"Cdigix proved to have the right combination of compelling content, an excellent reputation within the university marketplace and the marketing muscle to help promote its services to our students," said Dr. Peter Murray, vice president and CIO, University of Maryland Baltimore. "After a successful trial at our College Park campus last year, we look forward to expanding its services to our other campuses."

Mr. Jacobson added: "We are extremely pleased to be partnering with these universities, which are now bringing secure entertainment and educational services to their students. While the Cdigix family of institutions continues to expand, we remain committed to delivering excellence in products and support to each and every campus we serve."

About Cdigix

Cdigix is the leading provider of secure, legal digital entertainment and educational media to directly serve the college market. The company offers four distinct services to college students: Ctrax for legal music, Cflix for video on demand programming, Clabs for educational media and Cvillage for community interaction. The high-quality content offered by Cdigix is available through partnerships with premier entertainment and media companies, and is distributed via the universities' internal IP infrastructures. Cdigix currently has relationships with dozens of college campuses, reaching half a million students. More information can be found at www.cdigix.com.

Contacts

Cdigix
Laurie Rubenstein, 973-992-6890
laurie.rubenstein@verizon.net

Contacts

Cdigix
Laurie Rubenstein, 973-992-6890
laurie.rubenstein@verizon.net