Roxio Names William E. Growney Jr. Director of Legal Affairs
Milpitas, Calif., April 3, 2001 - Roxio, Inc., the digital media company from Adaptec, Inc., announced today that William E. Growney, Jr. has joined the company as Director of Legal Affairs. Roxio's President and CEO Chris Gorog, to whom Mr. Growney will report, made the announcement.
"Bill has some great experience working with public companies and facilitating M&A activity," said Gorog. "We expect Bill to make a significant contribution to the team."
Mr. Growney will work closely with executive staff and business development teams to negotiate potential corporate partnerships, acquisitions and customer contracts. In addition, Mr. Growney will advise Roxio's executive staff on general legal issues and securities laws and will coordinate Roxio's outside legal service providers.
Mr. Growney comes to Roxio from the law firm of Gunderson Dettmer Stough Villeneuve Franklin & Hachigian, LLP, where he was a Corporate Senior Associate. While there, he represented Actuate Corporation, Information Advantage, Inc. and InterTrust Technologies Corporation in their initial public offerings. Mr. Growney has also represented a number of public technology companies in the acquisitions of both private and public companies.
For over 10 years, Mr. Growney served in the Marine Corps Reserve and the California National Guard. He holds a Bachelor of Arts degree in both Political Science and Economics from University of California, Berkeley and a Juris Doctor degree, cum laude, from Harvard University.
Roxio, a division of Sonic Solutions, develops and markets the best-selling digital media software in the world. Roxio offers
award-winning software products for CD/DVD burning, photo editing and video editing and has an installed base of over 150 million
users. Roxio distributes its products globally through strategic partnerships with major hardware manufacturers, through leading
retailers, through Internet partnerships and through direct sales at www.roxio.com. Roxio's
parent company, Sonic Solutions (NASDAQ: SNIC;
http://www.sonic.com) is the leader in digital media software and provides a broad range of software
tools and applications for creative professionals, business and home users and technology partners. Sonic's products range from professional
DVD authoring systems and interactive content delivery technologies that are used to produce the majority of Hollywood movies released on DVD,
to the award-winning Roxio- and Sonic-branded CD and DVD creation, playback and backup applications that have become the premiere solutions
for consumers and business users worldwide. Sonic's AuthorScript® is the de facto standard for CD and DVD burning and formatting and has
been licensed by major software and hardware manufacturers, including Adobe, Broadcom, Microsoft, Scientific-Atlanta, Sony, and many others.
Sonic Solutions is headquartered in Marin County, California.
Sonic, the Sonic logo, Sonic Solutions, Roxio, MyDVD, CineMagic, Plug & Burn, LiveShare, Roxio Easy Media Creator, and
AuthorScript are trademarks or registered trademarks of Sonic Solutions or its subsidiaries in the United States and/or other
countries. Dolby is a trademark of Dolby Laboratories. All other company or product names are trademarks of their respective
owners and, in some cases, are used by Sonic Solutions under license. Specifications, pricing and delivery schedules are subject
to change without notice.