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Former Coinstar CEO Joins MOD Board

By : Erik Gruenwedel | Posted: 26 Feb 2010

MOD Systems, which is testing distribution of Hollywood movies through kiosks via Secure Digital (SD) memory cards, USB drives and portable devices, Feb. 26 said two former senior executives with Coinstar and Microsoft joined its board of directors.

Joining the board are technology investor Dan Gerrity, former president and CEO of kiosk vendor Coinstar in the 1990s — prior to its acquisition of Redbox — and Will Poole, a former corporate executive with Microsoft.

Leaving the board after 18 months is Kyleen Cane.

Remaining members of the board include CEO Anthony Bay, Michael Towers and observers from NCR and Toshiba, MOD Systems’ largest investors.

Duluth, Ga.-based NCR, through a license agreement, is spearheading the rollout of 10,000 Blockbuster Express DVD rental kiosks.

“MOD is focused on the fundamentals of digital entertainment distribution,” Gerrity said. “The team has aligned the right partners in NCR and Toshiba, the technology expertise necessary for scale, impressive entertainment industry relationships and a thoughtful growth strategy.”

Earlier this month MOD expanded its management team by hiring a CFO, as well as marketing and content licensing executives.

Through license deals with Paramount, Warner Bros., First Look and Image Entertainment, among others, MOD Systems has digital library of more than 4,000 titles.


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