NeuLion Announces New Chief Financial Officer

Tim Alavathil to bring over 10 years of progressive NeuLion experience to CFO role


PLAINVIEW, NY--(2/13/2017) - NeuLion, Inc. (TSX: NLN), a leading technology product and service provider that specializes in the digital video broadcasting, distribution and monetization of live and on-demand content to Internet-enabled devices, today announced changes in its management.  Tim Alavathil is taking on the role of Chief Financial Officer, effective immediately, replacing Trevor Renfield, who today resigned from the position.  NeuLion would like to thank Mr. Renfield for his leadership and contributions since joining the company following its acquisition of DivX, and wishes him all the best in the future.

“Tim’s extensive tenure and impressive track record at NeuLion, and his deep understanding of our business, make him the perfect fit for the role,” said Roy Reichbach, President and CEO of NeuLion. “We’re confident that we have assembled a management team with the right backgrounds, knowledge and competence to guide NeuLion as we execute on our long-term growth strategy.”

Mr. Alavathil previously held the position of Chief Accounting Officer since June 2016 and prior to that was Senior Vice President, Finance of the Company since November 2014.  Mr. Alavathil also held the position Director, Financial Reporting and Accounting from September 2005 to October 2014.  Mr. Alavathil is a licensed Chartered Public Accountant in Canada and holds a Bachelor of Commerce degree from the University of Toronto.

About NeuLion

NeuLion, Inc. (TSX: NLN) offers solutions that power the highest quality digital experiences for live and on-demand content in up to 4K on any device.  Through its end-to-end technology platform, NeuLion enables digital video management, distribution and monetization for content owners worldwide, including the NFL, NBA, World Surf League, Univision Deportes, Euroleague Basketball and others.  NeuLion powers the entire video ecosystem for content owners and rights holders, consumer electronic companies, and third party video integrators through its MainConcept business.  NeuLion’s robust consumer electronics licensing business enables its customers like Sony, LG, Samsung and others to stream secure, high-quality video seamlessly across their consumer devices. NeuLion is headquartered in Plainview, NY.  For more information about NeuLion, visit www.NeuLion.com.

 

CONTACT INFORMATION

Press Contact: Chris Wagner | chris.wagner@neulion.com | +1 516 622 8357

Investor Relations Contact: Rob Kelly| rob.kelly@loderockadvisors.com | +1 416 992 4539