Printed from http://www.electronista.com

Three Commodore directors quit

updated 12:15 pm EDT, Tue August 2, 2011

Commodore board replaces three directors with one

Asiarim, the company that holds the rights to the Commodore name, has announced that three of its directors, who are also officers of the company, have resigned. In their place, Dr. J.C.M. Hovers has become the sole director as well as Chairman, President and CEO. Eugène van Os, managing director the company's Commodore Licensing subsidiary, will become Treasurer, Chief Financial Officer and Secretary.

Asiarim mainly conducts business under the Commodore name. The resignations came as a pre-condition to Asiarim signing a term sheet in July with Euro American SA. This gave the company exclusive worldwide rights to patented video compression technology. Asiarim did not explain the rationale between the resignations and the deal.

Commodore's current primary business is licensing its name to products and services. It also has adapted several of the old C64 games to run on iPhones using an emulator. In January, the company announced at CES that it would be developing a line of Windows-based notebooks, all-in one desktop PCs, tablets, and a series of smart phones running Android. It planned to begin shipping them by the end of March. It also indicated that it would be releasing a C64 emulator to run its games on Android OS devices, also by the end of March. Neither has occurred, and the company's product website is still under construction.

In August 2010, the company's Commodore Licensing subsidiary granted Commodore USA the worldwide rights to brand a PC, which replicates the old Commodore C64 form factor, with the Commodore label. That product, which runs Linux and sports an Intel Atom with NVIDIA Ion 2 graphics, a 1TB hard drive, and HDMI inside, began shipping this past June.





By Electronista Staff
toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Sponsor

Recent Reviews

Adesso Compagno X Bluetooth keyboard

The shift from typing on physical keyboards to digital versions on smartphones and tablets hasn't been an easy for many consumers. Fro ...

Polk Audio 4 Shot headset

Sound quality and design are two of the biggest areas of focus for manufacturers when coming up with a new gaming headset. Depending o ...

Patriot Supersonic Phoenix USB 3.0 drive

USB thumb drives aren't the end all solutions for data transfer and traveling needs. Sometimes people want something with a little mor ...

Sponsor

toggle

Most Commented

 
toggle

Popular News