Company Logo Thursday, February 08, 2007

LiveHive Systems™ Announces the Appointment of Dave Caputo to its Board of Directors

WATERLOO, ONTARIO—February 08, 2007—LiveHive Systems Inc., provider of two-screen interactive entertainment solutions, is pleased to welcome Dave Caputo to its Board of Directors. Mr. Caputo is a highly respected member of the tech community and brings with him a great wealth of knowledge and experience.

“This is a significant addition to the LiveHive team,” said Dave Bullock, Co-founder and President of LiveHive Systems. “Dave has a lot to offer us—he knows the digital landscape extremely well, and his impressive experience in commercializing breakthrough technologies speaks for itself.”

Mr. Caputo has an excellent track record as a leader and entrepreneur in small and large companies. As Co-founder, President and CEO of Sandvine, Dave has led the company through two successful public offerings (AIM:SAND; TSX:SVC), secured 73 customers in 33 countries around the globe, and deployed Sandvine equipment in broadband networks representing over 37-million subscribers.

Prior to co-founding Sandvine, Mr. Caputo was the Vice President of Marketing for PixStream, one of Canada's most successful technology companies, purchased by CISCO in 2000 for more than $500 million. Dave has also served as the Product Marketing Manager for Hewlett Packard's Storage Systems Division in Colorado.

Mr. Caputo holds an MBA from the University of Toronto, a computer science degree from York University and is a graduate of Wharton executive education programs.
“LiveHive is establishing itself as a market leader in two-screen media entertainment. The market for simultaneous media consumption is huge, and LiveHive is well positioned to lead the growth of this industry,” said Mr. Caputo. “I’m looking forward to working with the LiveHive management team on the company’s strategic direction. They have proven themselves to be a group of innovators with a remarkable understanding of the interactive media market.”

About LiveHive Systems Inc.

LiveHive Systems™ is a privately held software development company that provides two-screen interactive entertainment solutions for TV broadcasters, fantasy sports sites, and web portals looking to differentiate their offering and increase value to viewers, advertisers and stakeholders. In addition to pure entertainment value, LiveHive’s solutions provide the ultimate interactive advertising platform that can be leveraged by consumer brand companies. Turnkey solution offerings include software, integration, joint marketing initiatives, and the 24-hour Broadcast Control Center, which covers live TV shows including sporting events, reality TV, games shows, and award shows. For more information on LiveHive Systems, visit www.livehivesystems.com.

linkback: http://www.livehivesystems.com/news/2007-Feb-08-Dave-Caputo.htm

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