STOCKHOLM, Sweden, Feb. 4, 2002 (PRIMEZONE) -- Jonas von Hedenberg, with long experience from the media industry has been appointed President and CEO of the data communications company Reddo Networks.
Jonas von Hedenberg recent positions include Executive Vice President at SBS New Media and CEO of SBS Radio Sweden
Reddo Networks develops intelligent service routers that enable delivery of TV, audio and other services over broadband networks. Reddo Networks product address the needs of broadband operators to offer value-add services from third party content providers to end-users with quality guarantees, copyright protection and payment/accounting solutions.
"I find this to be a tremendously interesting area to be in. From my positions in the media industry I have seen how important the Internet has become for the media and entertainment industry. With Reddos solution for secure delivery, copyright protection and payment solutions, conditions are in place for a real increase in provisioning of qualitative content over broadband" says Jonas von Hedenberg
"With Jonas von Hedenberg, the management and competencies of Reddo Networks is substantially strengthened. It is a confirmation of the increasing synergies between the media and data communication industries. Jonas will add to the leading engineering and technology competence of the company a deep knowledge of media and content management issues. This further strengthens Reddos position in the growing market segment that service and content delivery over broadband represents" says Leif Rylander, member of the board of Reddo Networks.
About Reddo Networks
Redo Networks is a Stockholm based data communications company within the area of next generation intelligent edge routers for multiservice networks. The company develops solutions for delivery of real-time applications (voice, video, music) over IP broadband with functionalities for delivery quality, copyright protection and application based accounting.
Reddos solutions address the needs of service providers who add value by providing services beyond basic broadband Internet access. Reddo was founded in 2000 and is owned by the founders, employees and investors Slottsbacken and Teknoinvest.
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