Sezmi Expands Operational and Technical Leadership with Executive Appointments

BELMONT, Calif.--(BUSINESS WIRE)--Sezmi Corporation today announced the appointment of two industry veterans to its executive team – Kevin Grundy and Michael Youssefmir. Grundy has a long-standing career developing some of today’s most innovative companies and joins Sezmi as its chief operations officer. Youssefmir, a wireless broadband and data technologies guru, will serve as the company’s chief technology officer.

“Phil Wiser and I started Sezmi because we identified a consumer need to advance and improve the television experience. Our first step was creating the right team with the right experience to make the company successful,” said Buno Pati, Sezmi co-founder and chief executive officer. “Kevin Grundy and Michael Youssefmir complement our executive team and bring the talent and experience needed to drive innovations that will continue to move Sezmi forward.”

Grundy has spent the last fifteen years growing and developing broadband companies. He has more than 35 technology patents to his name. Prior to joining Sezmi, Grundy served as chief executive officer for a number of companies, including NextNet Wireless, a preeminent pre-WiMAX wireless supplier purchased by Clearwire Corporation and SiliconPipe Inc., a copper interconnect technology development company with extensive intellectual property. He co-founded Telocity to develop a cost-efficient, self-install DSL platform. Grundy’s knowledge and expertise has proven to be an asset to these companies. While at NextNet, he was responsible for conducting top-to-bottom restructures that led to the company’s $1 billion investment deal between Clearwire, Intel and Motorola. At SiliconPipe, he led the creation and monetization of 40 patents and a subsequent acquisition by the TPL Group. At Telocity, he managed the exponential growth of the company into a nationwide broadband service provider that was purchased in 2002 by DirecTV for $180 million. Earlier in his career, Grundy served as director of engineering and senior director of manufacturing at NeXT Inc.

“Sezmi is working with leaders in broadcast, broadband, content and advertising to bring together its novel entertainment platform,” said Grundy, “I was attracted to Sezmi’s leadership and look forward to leading Sezmi initiatives.”

Youssefmir oversees the technical and scientific operations for Sezmi and brings over 15 years of experience in the wireless broadband and networking industries. With a doctorate in physics from Stanford University and a background in nonlinear dynamics, he applies impeccable knowledge and industry expertise to this role. Prior to joining Sezmi, Youssefmir served as senior director of product management at Bytemobile Incorporated, a mobile Internet software and infrastructure provider. While at Bytemobile, Youssefmir managed architectural and market requirements for the company's wireless optimization services node. Prior to Bytemobile, Youssefmir spent six years at ArrayComm Incorporated, where he worked on the design and implementation of spatial processing algorithms for wireless voice and mobile data systems.

“Sezmi is developing smart and cutting-edge technology that meets the demands for today’s television viewers,” said Youssefmir. “With fundamental shifts underway in the industry, it’s an exciting opportunity to be part of a company on the forefront of the next generation of television.”

About Sezmi

Sezmi Corporation has developed the first complete TV 2.0 offering by combining traditional TV content, movies and internet video in a single easy-to-use product. Designed from the ground up with next generation TV functionality, Sezmi puts consumers in total control with a personalized on-demand viewing experience. Sezmi is working with partners from broadcast, broadband, content and advertising industries to create a new TV choice for consumers. Sezmi will be offered to consumers through broadband service providers and national retailers. For more information, visit www.sezmi.com.