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Ittiam Announces the Election of Dr. Sriram Sethuraman as the Chief Technology Officer
[May 18, 2012]

Ittiam Announces the Election of Dr. Sriram Sethuraman as the Chief Technology Officer

BANGALORE, India --(Business Wire)--

Ittiam Systems today announced that Dr. Sriram Sethuraman has been elected as the company's first Chief Technology Officer. He joined Ittiam Systems in 2002 when he returned to India from the United States of America.

Dr. Sriram Sethuraman - Chief Technology Officer, Ittiam Systems (Photo: Business Wire)

Dr. Sriram Sethuraman - Chief Technology Officer, Ittiam Systems (Photo: Business Wire)

Dr. Sethuraman received his Ph.D. in Electrical and Computer Engineering from Carnegie Mellon University, Pittsburgh, USA in 1996. His areas of research included video compression, multi-resolution estimation, 3D-video and visual communications. His doctoral thesis was in the area of "Stereoscopic image sequence compression using multi-resolution and quad-tree decomposition based disparity-and-motion-adaptive segmentation." Prior to joining Ittiam, he served as the Senior Member of Technical Staff in the Interactive Media Group of Sarnoff Corporation.

During his 10-year career at Ittiam, Dr. Sethuraman has been the architect of the company's technologies and products in the fields of video compression, video communication, media broadcast and digital imaging. He led several programs that made a significant impact on the company's growth and standing in the industry. He has been the face of Ittiam's technical capability and standard with the global customers of the company. He has served as the Video Technologist of Ittiam and has been elected as an Ittiam Fellow in 2011.

Dr. Sethuraman has authored / co-authored 23 issued patents (and several pending paents) and more than 30 international publications. He has been a member of the standards committee for MPEG-/7, a Senior Member of IEEE (News - Alert), Chaired several international conference sessions, and served on other industry forums.

"Since the company's founding in 2001, Ittiam has made great strides as a world class media processing and communications IP company. Dr. Sethuraman has played a pivotal role in every major technical milestone we have reached in our journey. Our board is pleased to appoint him as our first Chief Technology Officer. He now has the charter to grow our long-term differentiation, incubate new technical ventures and be the technology advisor to all our businesses," commented Srini Rajam, Chairman and CEO of Ittiam Systems.

Ittiam is making strong investments for growth in its established business segments of Mobile Multimedia, Media Broadcast, Video Communication, Video Networking and Wi-Fi Communications. It is also making significant new investments in areas such as Automotive Infotainment.

"This recognition is an honor and I am delighted to be taking up the role as the Chief Technology Officer at a time when Ittiam is poised for excellent growth leveraging the cutting edge technology synergies across our business units. Ittiam products and offerings are widely accepted in the market today and it has been a pleasure collaborating with a world class team of fellow Ittians who have collectively achieved this. I look forward to the exciting times ahead that propel Ittiam to greater heights," remarked Dr. Sriram Sethuraman on the occasion of his new appointment.

About Ittiam Systems Private Limited

Ittiam Systems Private Limited, headquartered in Bangalore, India, is a technology company singularly focused on embedded media centric systems. It operates through its network of offices and representatives around the world. Ittiam's customers include world's leading electronics companies for its software-and-system IP and semiconductor companies for its system-on-chip IP. Since 2004 the company has been consistently rated as the "World's Most Preferred DSP IP Supplier" in the annual surveys conducted by Forward Concepts Incorporated. In 2005 Ittiam had been selected by Red Herring (News - Alert) into the top 100 private companies in Asia. In February 2007, Ittiam received the NASSCOM India IT Innovation Award, a prestigious recognition. In July 2011 Ittiam's VC won the Product of the Year 2010 from Communications Solutions. In January 2012 Ittiam's VCS-FHD and VNS-CPlus were awarded Internet Telephony (News - Alert) 2011 Product of the year. Embedding Ittiam IP inside, the annual volume of customers' products shipped such as Smartphones, Tablets, Video Communication Devices and Wi-Fi Chipsets is in several tens of million units. In March '12, the company's royalty revenue reached a global benchmark of becoming more than 35% of its total revenues.

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