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Ku6 Media Co., Ltd. (KUTV) Makes Changes To Management Team

|Includes: Ku6 Media Co., Ltd. (KUTV)

Ku6 Media, a leading internet video company in China focusing on user-generated content (UGC), today announced that Mr. Kelvin Wenbo Liu has joined the company as President and Mr. Jian Lu has been appointed as Chief Technology Officer of the company.

"We are very excited to have Kelvin and Jian join our management team, leading our efforts around building the Company's video services on the basis of cloud infrastructure," stated Mr. Jeff Shi , Chief Executive Officer of Ku6 Media. "Kelvin and Jian are both accomplished and rigorous business leaders with incredibly expertise in the technologies that are vital to our business. Their operational experience in Internet and media and their proven track record in turning innovative technologies into killer applications and market leading products make them the perfect fit for Ku6 as we propel the business to its next phase of growth."

Mr. Liu served as the Chief Executive Officer of Shanda's Grand Cloud business unit since 2012. As CEO, Mr. Liu successfully evolved Shanda's Cloud Computing from an infrastructure-as-a-service (IaaS) to a platform-as-a-service (PaaS) by imbedding video cloud and content cloud technologies. Prior to his position as CEO at Shanda's Grand Cloud business unit, Mr. Liu joined Google in 2004 where he participated in the development and deployment of Google's infrastructures such as GFS, Bigtable, GTC, etc., and Google products such as Checkout and Google+. During his time at Google, Mr. Liu also led the development of software infrastructure for Google's data center in China. Previously, Mr. Liu had extensive experience at leading software companies throughout the U.S., including Autodesk, Microsoft, and Additionally, he founded or contributed to various start-up companies in Silican Valley, including Savvion, Octopus, SilkValley, and Viador. Graduating from Tsinghua University, Mr. Liu holds a bachelor degree in computer science and received a doctoral degree in computer science from Rensselaer Polytechnic Institute.

Mr. Jian Lu has worked for the company since 2010 as Vice President of Multimedia Technology and Head of Shanda Innovations, Beijing. Prior to joining Shanda, Mr. Lu served as co-founder and Chief Technology officer at Vobile, Inc., and also spearheaded the development of VideoDNA™, a content fingerprinting and identification technology that is widely used by Hollywood film and television studios. Earlier in his career, Mr. Lu led technical development of QuickTime compression and streaming at Apple Inc., which has been widely used in Apple's digital media products, including Final Cut Pro, DVD Studio Pro, iMovie, iDVD, iPhoto, and iTunes. Mr. Lu obtained his bachelor's degree from Zhejiang University and holds a doctoral degree in electrical engineering from Dartmouth College.

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