Elemental Path Announces Bernie Stolar, Former President of Mattel Interactive & Sega Entertainment, as Chief Operating Officer
Emerging Smart Toy Company Taps Veteran Games Evangelist On Strategy
NEW YORK, March 5, 2015 /PRNewswire/ -- Smart toy and technology developer Elemental Path, creators of CogniToys, today announces Bernie Stolar as Chief Operating Officer. Tasked with overall strategy, Stolar brings over 30 years in the video game and entertainment industry to the table, serving in executive positions at Mattel Interactive, Sega, Sony and Atari Corporation.
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"We couldn't be more pleased to have Bernie Stolar on board to help guide Elemental Path to new heights on our journey to produce truly smart educational toys, as he has done in all the significant industry-defining roles he's held," said Donald Coolidge, co-founder, Elemental Path. "He's a titan in the industry. We're confident that his gaming experience and expertise coupled with his leading knowledge will help position Elemental Path as the industry leaders in smart toys and interactive technology."
Stolar served as President of Mattel Interactive from January 2000 through December of 2002 after serving as president and chief operating officer of Sega of America and Sega Entertainment, where he was responsible for Sega's console and PC gaming businesses in North America. Throughout his time at Mattell, Stolar refocused the company to deliver best-of-breed educational and entertainment products until that division was sold in late 2001. During his tenure at Sega, Stolar orchestrated the most successful entertainment product launch in the history of consumer electronics for Sega Dreamcast, which generated $97 million in the first 24 hours of availability in the United States. Most recently, Stolar served as CEO Of WestEnd Interactive. Prior to that, Stolar served in roles as an active advisor to a wide range of companies and investment firms including Francisco Partners, Cisco, Golden Gate Capital, and Majesco Entertainment. Stolar was a founding member of Adscape Media where he served as Chairman of the Board until it was sold to Google in March of 2007 where he then became Game Industry Evangelist for Google until October of 2008.
"This is a critical time in Elemental Path's development," said Stolar. "Given their current momentum, I'm looking forward to building on the company's mission of redefining the way kids play by closing the gap between fun and education, and exploring the many possibilities of interactive tech."
About CogniToys
The next generation of smart toys that learn and grow with each child, CogniToys are a new gateway to smart, fun and interactive learning for children in the digital age. Harnessing the power of IBM Watson, all CogniToys are internet-connected and speech-enabled to deliver highly personalized, engaging play experiences. CogniToys are designed, developed and manufactured by interactive technology developer Elemental Path, based in New York. For more information, visit www.elementalpath.com.
Contact:
Casey Stickles
646-571-0192
[email protected]
SOURCE Elemental Path
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