RealNetworks Names Two New Executives

SEATTLE, May 8, 2012 /PRNewswire/ -- RealNetworks, Inc. (NASDAQ:  RNWK) today announced that two new executives have joined its leadership team.  Torrie Dorrell joins the company as Senior Vice President of Digital Media and Strategy, while Robert Gross assumes the role of Vice President of New Products. Both executives report directly to RealNetworks President and CEO Thomas Nielsen.

"Torrie and Robert bring a wealth of experience, energy and passion to the company as we continue to make progress on the next chapter of RealNetworks," said Nielsen.  "Their insights, experience and leadership in developing and bringing products to market -- honed over many years in consumer and media technology -- will help accelerate RealNetworks products and services in the digital content consumption and monetization space."

In the newly created position of Senior Vice President of Digital Media and Strategy, Torrie will focus on building out RealNetworks strategy and products around consumer-facing digital media solutions and products.

Torrie brings over twenty years of experience in developing, marketing and selling innovative content and services across many mediums.  She most recently served as Vice President of Applications, Content and Games at T-Mobile where she led a team responsible for delivering applications, games and services to enrich customers' mobile experiences.  She also oversaw T-Mobile's digital stores, mobile advertising and cloud services.  Prior to T-Mobile, she held executive positions at Sony Online Entertainment, Universal Studios, Warner Bros. and The Walt Disney Company.

As Vice President of New Products, Robert will be responsible for the development of emerging products from RealNetworks. This newly created role will focus on -- and leverage -- internal and external resources to ensure RealNetworks keeps filling the pipeline with innovative new products across its technology portfolio.

Before joining RealNetworks, Robert most recently spent over sixteen years with Microsoft, where he held various leadership and engineering management roles across many different divisions, platforms and devices.  Before Microsoft, he held executive positions at IBM, Sun Microsystems, Yamaha Music and Lucasfilm.  Robert holds graduate degrees in music theory and composition and was on the staff of several companies where he worked on music and acoustic research, sound and picture editing, as well as audio and video platform products.

About RealNetworks:  

RealNetworks creates innovative applications and services that make it easy to connect with and enjoy digital media. RealNetworks invented the streaming media category in 1995 and continues to connect consumers with their digital media both directly and through partners, aiming to support every network, device, media type and social network. RealNetworks corporate information is located at http://www.realnetworks.com.

RealNetworks is a trademark of RealNetworks, Inc.  All other companies or products listed herein are trademarks or registered trademarks of their respective owners.

Forward Looking Statements: This press release contains forward-looking statements that involve risks and uncertainties, including statements relating to the future development of RealNetworks' products and services. More information about potential risk factors that could affect business and financial results is included in the RealNetworks annual report on Form 10-K for the most recent year ended December 31, and its quarterly reports on Form 10-Q and, from time to time, in other reports filed by RealNetworks with the Securities and Exchange Commission. Actual results may differ materially from estimates under different assumptions or conditions. RealNetworks assumes no obligation to update any forward-looking statements or information, which are in effect as of their respective dates.

SOURCE RealNetworks