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Michael Stojda Named President, CEO of Splinex Technology

Splinex Technology Inc., a provider of visual communication software and technology, has named Michael Stojda as president/ceo. Stojda has also been appointed to the board of directors.

"The board of directors and I are pleased that we have been able to attract a seasoned leader such as Mike with his wealth of industry knowledge and successful track record for growing companies, developing products and building markets," commented Kevin Fitzgerald, chairman/ceo of Ener1 Inc. and a member of Splinex Technology's board of directors. "Mike has the right experience to lead the transformation of Splinex from an R&D company to a software company with shipping products."

"I am excited to be a part of Splinex at this point in its growth," added Stojda. "I have been impressed by the technology developed to date and look forward to creating a portfolio of market-leading products to capitalize on the numerous opportunities ahead of us."

Stojda joins Splinex with more than 17 years of high tech experience in computer software and hardware markets. Most recently, he was a member of Avid Technology Inc.'s executive team and was the managing director of the Avid's graphics and animation software subsidiary, Softimage Co. During his tenure at Softimage, which included two years while the company was a subsidiary of Microsoft Inc., Mike led the company's turnaround, the growth of its XSI solution into a leading animation system in its class and the completion and rapid growth of Softimage's cutting edge video finishing system. He also was a lead member of the integration team following the company's acquisition by Avid in 1998.

Splinex Technology (www.splinex.com) was formed in early 2004 to capitalize on the growing use of digital images and objects in technology-focused markets. The company is developing software to enable users such as scientists, engineers, researchers and other technical professionals, to quickly analyze, search, sort and view multidimensional digital images and objects without dedicated high-end workstations or expensive limited-use software.

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