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Monday, 20 October 2014, 17:00 HKT/SGT
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Source: Digital Domain Holdings Limited
Digital Domain 3.0 CEO SEAH Ang Promoted to Executive Director and CEO of Digital Domain Holdings Limited

HONG KONG, Oct 20, 2014 - (ACN Newswire) - Digital Domain Holdings Limited ("Digital Domain Holdings" and together with its subsidiaries, the "Group") (Stock Code: 547), the Hong Kong-based parent company of the Academy Award-winning visual effects company Digital Domain 3.0, Inc. ("Digital Domain 3.0") has announced that Mr. SEAH Ang ("Daniel"), the current CEO of Digital Domain 3.0 has been promoted to the position of Executive Director and CEO for Digital Domain Holdings. This move is a major vote of confidence from the Board of Directors of Digital Domain Holdings and a show of faith of Daniel's accomplishments at Digital Domain 3.0 and his vision for the future of the company. As Executive Director and CEO of Digital Domain Holdings, Daniel will have the authority to broker major strategic partnerships including new media ventures, movie productions, co-productions, intellectual property and beyond. Marking a major push forward for Digital Domain 3.0, Daniel will continue to work day-to-day with the ground breaking and innovative team of artists at the Digital Domain 3.0 campuses. With Daniel's leadership, vast business expertise and passion for new entertainment ventures, Digital Domain 3.0 is poised to reach new heights in the United States, Canada and the Greater China region.

Digital Domain Holdings Chairman, Mr. ZHOU Jian said, "Daniel has shown a keen ability to identify new business channels and creative opportunities for the talented artists at Digital Domain 3.0. His experience in the entertainment industry combined with his extensive business background makes him a unique talent. We are fortunate to have Daniel to lead our team."

"I am honored by the Board's faith in me for this new challenge," said Mr. Seah. "My new position at Digital Domain Holdings should give me and Digital Domain 3.0 greater flexibility and reach in establishing new business in emerging markets as well as working more collaboratively with filmmakers and studios on co-productions, new media ventures and much more."

Universal Pictures President, Jimmy HOROWITZ said, "Digital Domain has a tremendous talent in Daniel. He has boundless energy and passion for the work and for finding new ways to showcase it. In a constantly evolving business he has a talent for finding creative solutions and new opportunities."

"In the time I've known Daniel I can say he is dedicated and tirelessly creative," said Stan Lee, founder of POW! Entertainment. "He's always looking for the next big idea and new ventures for Digital Domain. With this new role and his leadership I see a bright, innovative and exciting future."

Gigi Pritzker, CEO of OddLot Entertainment stated, "Daniel has been an excellent partner on our film 'Ender's Game'. He is an executive we can rely upon to deliver on commitments, produce magnificent work and be supportive of creative ideas. We value our relationship and look forward to working together again soon."

Mr. Seah took over the role of CEO at Digital Domain 3.0 in July 2013. Under his stewardship the company has completed work on the box office successes "Maleficent" and the co-production of "Ender's Game" as well as high profile clients United, Kia, Nissan and the video games "Destiny", "Assassin's Creed" and "Halo". The company also broke new ground utilising its 3D hologram technology for live concerts in Taiwan and Hong Kong with a "Virtual" Teresa Teng, the late Chinese pop diva.

Mr. Seah graduated from Peking University with a Master's Degree in Law (with a major in international politics) and a Bachelor of Arts Degree in Law. Mr. Seah previously worked as an investment banker at Barclays and has extensive experience in the financial industry with expertise in securities, options, fund management and international business development. His in-depth knowledge of the private equity markets in Greater China and global markets enabled him to focus on business development around the world. From May 2010 to March 2013, Mr. Seah was also senior management of United Simsen Securities Limited, a company that provides brokerage services on securities, foreign exchange, gold bullion, futures and mutual funds.

Contact:
Strategic Financial Relations Limited
Mandy Go        +(852) 2864 4812        mandy.go@sprg.com.hk
Jovanni Cai     +(852) 2114 4937        jovanni.cai@sprg.com.hk
Isabel Kwok     +(852) 2864 4824        isabel.kwok@sprg.com.hk
Fax: +(852) 2527 1196


Topic: Press release summary
Source: Digital Domain Holdings Limited

Sectors: Film & Video, Daily Finance, IT Individual, Broadcast, Film & Sat, Daily News
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