Aferian plc appoints Steve Oetegenn to new executive role to spearhead growth of group companies Amino and 24i in the Americas

Cambridge, UK, 3rd August 2022 – Aferian plc (LSE AIM: AFRN), the B2B video streaming solutions company, today announced the appointment of Steve Oetegenn as President of the Americas for the group and its subsidiaries, 24i and Amino.

Oetegenn, who has been a Non-Executive Director of Aferian since January 2021, steps into this new executive role to lead strategic business development in North, South and Central America.  

Oetegenn is a seasoned media technology executive who was previously President of software security specialists Verimatrix, COO of MediaSec Technologies LLC, a pioneer and leader in the field of digital watermarking, and COO of Argus Systems Group, a provider of Internet server security software. He received a Lifetime Achievement award at the 2020 VideoTech Innovation Awards.

Donald McGarva, CEO of Aferian said: “Few people know our industry as well as Steve Oetegenn. He has been providing us with invaluable insight and expertise in a consultancy capacity since joining our board in early 2021. Steve knows our business and strategy inside and out and that makes him the ideal person to help shape our efforts in the Americas, a key growth region for both 24i and Amino.”

Steve Oetegenn, President of the Americas for Aferian said: “There is enormous potential for both 24i and Amino in the Americas where demand for innovative, high-quality and cost-effective streaming technologies remains high among both content owners and pay TV operators. I’m excited to take on a more strategic role working with the great teams 24i and Amino already have in the region to seize that opportunity.”

About Aferian plc

Aferian plc (AIM: AFRN) is a B2B video streaming solutions company. Our end-to-end solutions bring live and on-demand video to every kind of screen. We create the forward-thinking solutions that our customers need to drive subscriber engagement, audience satisfaction, and revenue growth.

It is our belief that successful media companies and services will be those that are most consumer-centric, data driven and flexible to change. We focus on innovating technologies that enable our customers stay ahead of evolving viewer demand by providing smarter, more cost-effective ways of delivering end-to-end modern TV and video experiences to consumers. By anticipating technological and behavioural audience trends, our software solutions empower our customers to heighten viewer enjoyment, drive growth in audience share and ultimately their profitability.

Aferian plc has two operating companies: 24i, which focusses on streaming video experiences, and Amino, which connects Pay TV to streaming services. Our two complementary companies combine their products and services to create solutions which ensure that people can consume TV and video how and when they want it. Our solutions deliver modern TV and video experiences every day to millions of viewers globally, via our growing global customer base of over 500 service providers.

Aferian plc is traded on the London Stock Exchange's AIM stock market (AIM: symbol AFRN). Headquartered in Cambridge, UK, the Company has over 350 staff located in offices in San Francisco, Amsterdam, Helsinki, Copenhagen, Madrid, Porto, Brno, Bath, Buenos Aires, and Hong Kong. For more information, please visit www.aferian.com  

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