| Soundtracs
property rights to DiGiCo; Digital console in development Vets
David Webster& Bob Doyle sign on
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David Webster
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In the culmination of a busy month, Dave Webster and Bob Doyle, well known
throughout the pro audio industry for their long and highly successful work with
Klark Teknik and Midas
(respectively) have joined DiGiCo (UK) Ltd, a new British company formed from
the acquisition of Soundtracs
plc.
The story began on May 10, with a joint announcement that the
assets, core business and intellectual property rights of UK audio manufacturer
Soundtracs plc had transferred to DiGiCo (UK) Ltd in an acquisition deal worth
a rumored £1.6m. | (Click
here to view a pdf version of the official announcement on this deal.)
Days
later, stories circulated that both Webster and Doyle had left their positions
at the Kiddiminster-based company, news which was officially released by the newly-appointed
president of Telex/EVIs
pro audio group, Mathias von Heydekampf, on May 24.
At that time, no firm
news of the Midas pairs future was known. However, by early June, DiGiCo
announced the arrival of David Webster as marketing director for the company.
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 Bob
Doyle
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The announcement of the appointment of Bob Doyle as managing director is expected
during this month, at which time, plans for the development of a digital console
for the live sector will also be unveiled, with a pre-production version due for
soft-launch at the September PLASA show in London.
Commenting on their
departure from the Klark Teknik Group, von Heydekampf said that the pair would
be missed, although they had left a strong and thriving business behind them.
| The news followed his May 1 appointment as president
of the Telex Pro Audio Group - Worldwide. Currently based in Straubing, Germany,
von Heydekampf will retain his current responsibilities for sales and management
of the European and international operations and will continue to report to Ned
Jackson, the USA-based CEO of Telex Communications.
Webby and Doyler
certainly had a very charismatic approach to business, and long, successful careers
within the Klark Teknik Group and Telex corporation, he added. Although
we are sorry to see them go, we are pleased to report a fantastic first quarter
which represents over 30 percent growth on the same period last year, with the
trend set to continue.
That said, we are nonetheless saddened by
the departure of Bob and Dave after so many years, and it goes without saying
that we wish them both all the very best for the future in their new endeavor.
That
charismatic approach is now to be used at DiGiCo, whose US co-founders Eric Wade
and David Keener are now owners of all the assets related to the Soundtracs business,
including the Soundtracs name.
Todd Wells, managing director and chairman
of Soundtracs plc, along with managing accountant Liam Tibbs, will have no involvement
in DiGiCo or the Soundtracs core business purchased by the new firm. Both gentlemen
will now administer the new Soundtracs plc cash shell, which as required in the
purchase, will change its legal and trading name.
The Soundtracs
business had effectively halved in two and a half years, so the decision to sell
was fairly straightforward, for, as a Plc we have to be seen to deliver shareholder
value, explained Mr Wells. Now we will be looking to new ventures
- away from the audio business - and will soon be changing our name to Mark Kingsley
plc following an EGM. However, DiGiCo co-founder David Keener, who is also a partner
of Ausfan Ventures LLC, a US firm specializing in acquiring and developing small
cap companies on both sides of the Atlantic, feels that the company has a lot
to offer.
Over the past eight years the company has developed what
is truly one of, if not the best, digital mixing console platforms available in
the market place today. DiGiCo is committed to making itself a true industry leader
by continuing to have the best digital technology combined with agility and pro
activity centred on clients needs in these evolutionary times between the transition
from analog to digital.
Indeed, for Doyle and Webster, it is. DiGiCos
commitment of the Soundtracs digital platform that looks to be a major draw. The
company has recently launched the DS-3B console into the live broadcast market,
and Rod Stewarts FOH engineer, Lars Brogaard, is currently beta testing
a new Soundtracs digital board on the road.
Its a very exciting
time, said Webster. The Soundtracs name will continue to concentrate
on the broadcast and post production centre, whilst we intend to enter the live
industry under the DiGiCo name, with an official launch in September. Until then,
we are in a phase of intense development and consolidation of our manufacturing
and sales structures.
Im very much looking forward to my involvement
with the marketing of mixing consoles in the digital domain, and will be focusing
on raising the perception and visibility of our products in the eyes of the pro
audio industry.
DiGiCo has also announced that James Gordon has been
promoted to director of international sales for Soundtracs products. Gordon has
been with the company for six years and is said to have been instrumental in developing
both the company name and technology during that time.
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