SeaChange International, Inc. announced the promotion of Chris Klimmer, the Company's current Senior Vice President and Chief Revenue Officer, to the position of President, effective August 17, 2022. During his tenure as Senior Vice President and Chief Revenue Officer of the Company, Mr. Klimmer has been one of the leading architects of SeaChange's enhanced focus on SaaS revenue within the Streaming and FAST markets, capturing the tailwinds of the era of video consumption on Connected TVs. Under his leadership, the Company will focus on leveraging its software engineering team and developers to create new software solutions that maximize video revenues for operators and content owners alike.

SeaChange's core competency in driving advertising revenues for Linear TV, streaming, and Connected TV platforms is expected to attract new customers and partners given the Company's momentum. Mr. Klimmer will be a Section 16 Executive Officer of SeaChange, as Mr. Aquino passes the President title to Mr. Klimmer in conjunction with Mr. Aquino's additional responsibilities as Chairman of the Board, as well as remaining the Company's Chief Executive Officer.