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Algolith Taps Video Veteran as CEO

Yvan Ouellet has more than 20 years experience as an executive in the fields of film, television, and video games.

Montreal, Quebec–Algolith, a developer of video image enhancement solutions appointed Yvan Ouellet as president and CEO. Mr. Ouellet is a highly respected executive within the digital imaging industry for film, television, and video games who has already contributed to the success of a number of well-known companies, including Softimage, LOR-TECH International, and Miranda Technologies Inc.

According to Robert Young, Algolith vice president for sales and marketing, “Yvans extensive business experience in digital imagery production systems for television, post-production, film, and video game markets will be a significant asset. He has great insight–an overall vision of the great technological stakes of the industry, and also shares the strong entrepreneurial culture that has been integral to Algolith since its founding. We are very enthusiastic about his appointment.”

Luc Lapointe, portfolio manager with Fondaction and member of Algoliths board of directors, concurs. “Yvan has 20-plus years experience building revenue for small- and medium-sized organizations; a solid track record of consistently meeting objectives. He is results-driven with a pragmatic approach to business that will greatly enhance his ability to manage and expand this techno-centric business. Algoliths corporate structure is solid. With more than $6.5 million that have been raised from venture capital, strategic and private investors, everything is now in place to move Algolith forward.”

Prior to his appointment, Ouellet was head of sales for the Americas at Softimage, a subsidiary of Avid Technology Inc., and the second-largest provider of 3D creation tools to the entertainment industry worldwide. During his tenure, the sales organization he built consistently exceeded the companys strategic business development objectives.

Ouellet was also co-founder and vice president of LOR-TECH International, a systems integrator creating leading-edge content and production solutions for 3D, film, and television. LOR-TECH was immediately profitable and consistently rated a top reseller in the Americas. Clients included TV networks, high-end post-production facilities, production companies, university research departments, game developers, and National Defense.

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