NDS Vice Chairman Resigns

11/01/2006 7:18 AM Eastern

NDS Group, a provider of digital pay TV products, announced Wednesday that Richard Yanowitch resigned as vice chairman.

Yanowitch is leaving the company to join Accel Partners, a venture-capital firm that focuses on information-technology investments. He had joined the NDS board in January.

Abe Peled, chairman and CEO of NDS, said in a prepared statement: "Although Richard’s tenure with us was relatively short, I would like to thank him for his contribution -- particularly in the area of marketing, where he brought fresh thinking to our strategy."

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