Linden Lab, Creator of Second Life, Names John Zdanowski as Chief Financial Officer
30 Ottobre 2006 - 7:37PM
PR Newswire (US)
SAN FRANCISCO, Oct. 30 /PRNewswire-FirstCall/ -- Linden Lab(R),
creator of the rapidly-growing virtual world Second Life(R), today
announced that John Zdanowski has joined the company as chief
financial officer. Zdanowski brings with him unique experience,
having most recently served as CFO of HouseValues (NASDAQ:SOLD),
which quadrupled in revenue during his three-year tenure. "Helping
Second Life grow is a demanding challenge that requires a
renaissance skill set," said Philip Rosedale, CEO at Linden Lab.
"John's engineering, entrepreneurial and operating experience is a
perfect fit for us." As CFO, John will be responsible for leading
Linden Lab's finance and accounting activities. "Second Life is an
amazing platform combining a number of innovative technologies and
trends," Zdanowski said. "I'm excited to join such a brilliant team
and investor group to help take the company to the next level."
Zdanowski has extensive experience building and growing profitable
Internet companies. Prior to Linden Lab, he was CFO at HouseValues,
a leading marketing partner for real estate and mortgage
professionals. He arranged the company's first institutional
financing round of $15 million and its $94 million IPO in 2004.
Prior to that, Zdanowski co-founded Affinity Internet, Inc. raising
more than $60 million to build a highly profitable Web hosting
company serving more than 200,000 small- and medium-sized
businesses. He has also worked as an investment banker and a
management consultant and began his career as an engineer in GE's
highly-acclaimed management training program. Zdanowski holds an
MBA from Harvard Business School, an MS in Electrical and Computer
Engineering from Syracuse University, and a BS in Electrical
Engineering from Clarkson University. Second Life and Linden Lab
Second Life is a 3D online world with a rapidly growing population
of over 1,000,000 residents from 100 countries around the globe, in
which the residents themselves create and build the world which
includes homes, vehicles, nightclubs, stores, landscapes, clothing,
and games. Second Life is created by Linden Lab, a company founded
in 1999 by Philip Rosedale, to create a revolutionary new form of
shared 3D experience. The former COT of Real Networks, Rosedale
pioneered the development of many of today's streaming media
technologies, including Real Video. In April 2003, noted software
pioneer Mitch Kapok, founder of Lotus Development Corporation, was
named Chairman. In 2006, Philip Rosedale and Linden Lab received
Wire's Rave Award for Innovation in Business. Based in San
Francisco, Linden Lab employs a senior team bringing together deep
expertise in physics, 3D graphics and networking. Note to editors:
Second Life(R) and Linden Lab(R) are registered trademarks of
Linden Research, Inc. DATASOURCE: Linden Lab CONTACT: Alex Yenned,
of LEWIS PR, +1-415-992-4434, or , for Linden Lab Web site:
http://www.lindenlab.com/
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