GenArts Appoints George Naspo as President & CEO

GenArts, Inc., makers of premium special effects software for professional motion graphic artists, video editors and VFX compositors, today announced George Naspo as its President and Chief Executive Officer. As President & CEO, Naspo's first priority will involve investing in new product capabilities, including enhanced interoperability with modern post-production tools. Naspo will also focus on growing the sales and marketing functions. His appointment is effective immediately.

Naspo is a three-time CEO with a history of achievement at both start-ups and mature companies in emerging and growth markets. Prior to joining GenArts, he served as President and CEO of Virtacore, a leading cloud services provider specializing in virtual Infrastructure as a Service (IaaS) and disaster recovery (DR) solutions. During his tenure at Virtacore, revenue tripled.

George is a proven executive who has successfully delivered great software solutions to customers, says Nikitas Koutoupes, Board Member and Managing Director at GenArts' largest shareholder, Insight Venture Partners. We're fortunate to have such a strong executive to lead us through our next period of transformative growth.

Naspo has been working with the GenArts organization since December of 2015 in an advisory capacity. I'm thrilled to join such a passionate team, says Naspo. We set the standard for high quality effects in video production and post production, and we're committed to continuing to innovate and help video artists and editors produce the highest quality of work.

Before Virtacore, Naspo served as President and CEO of IKANO Communications, a leading provider of Internet access, email, hosting, and related IP services. He has also held senior leadership roles with Xelus, an enterprise software developer; and wireless communications provider Securicor Wireless.

Naspo holds a BA in Business and Administration Management from the University of Toledo, and a Master of Science degree in Business & Organizational Development from the University of Southern California.

For more information about GenArts and Sapphire, please visit www.genarts.com.

About GenArts, Inc.

GenArts, Inc. is a leading global provider in specialized visual effects software for many industry standard editing and composition solutions. Its flagship product, Sapphire, has become the standard for high-end visual effects creations at leading studio, broadcast, and post-production facilities of all sizes around the world.

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