Toronto - Jan 14, 2008 - Richard Klosa has been appointed chief technical officer (CTO) of Yangaroo effective immediately. Wojtek Hoch is leaving the position of vice president technology after five years with the company to pursue other opportunities.

In Klosa's previous role as chief technology officer and co-founder of Jive media technologies, he led his team to a 2002 Canadian New Media Award for Most Promising Company and recognition from the Branham Group as one of the Top 25 Up and Comers. He led the development of one of the first enterprise-level digital rights and content syndication systems for digital media assets through decentralized and peer based networks and authored a book on the subject entitled Building A Working Revenue Model For The Digital Distribution of Copyrighted Media.

More recently, as the vice president of technology at Cubic Health, Klosa designed and led the development of the Cubic Health Canadian Drug Database, a reporting and analytics system designed to aid Canadian employers in managing their prescription drug benefit.

Over the past four years, Klosa has also focused on several proof-of-concept development projects, including work on an MPEG-4 based micro-payment client/server application, an open media distribution server, and an automated media cataloging and tracking system utilizing the MPEG-7 framework.

Klosa graduated from Ryerson University's radio and television arts program with an honors B.A.A.