Business History

 

Founded Iterated Systems, Inc. in 1987
As CEO of Iterated Systems, Inc achieved revenues of US$1.5 million in 1991, $4.5 million in 1992 and $10.5 million in 1993.
Established wholly owned subsidiary Iterated Systems, Ltd in the UK
Won fractal compression contract from Microsoft.
In 1994 handed off control to new CEO, together with a $54 million contract with major telecommunications company MCI and revenues steady at US$10.5 million.
In 1997, was significantly involved in the public listing of the company on the Norwegian Stock Exchange
In 1999, resigned from the company to focus on fractal research.
Continued as member of Board of Directors of Iterated Systems until 2000.

In 2001 Iterated Systems, Inc. was renamed MediaBin Inc.
In 2003 MediaBin Inc. was sold to Interwoven Inc.