New Frontier Appoints Grant Williams CFO

BOULDER, Colo. - New Frontier Media has appointed Grant H. Williams as the company's Chief Financial Officer.

"Our appointment of Grant Williams as CFO comes after an extensive search process in which we evaluated a wide range of accounting and finance professionals from across the country," said Michael Weiner, New Frontier's Chief Executive. "Grant's careful and attentive management of our finances as Corporate Controller for most of the past two years demonstrate both his qualifications and his excellent fit with our company."

Williams came to New Frontier from eFunds Corporation, where he served in a variety of management positions, participated in large acquisition and financing activities, and managed the company's public reporting requirements. He began his career with Ernst & Young LLP, managing multiple engagements for public entity clients over a period of more than five years.

New Frontier delivers nine adult pay-per-view networks to cable and satellite operators nationwide, reaching approximately 175 million network homes. The company closed a deal earlier this year to be the exclusive distributor of Penthouse branded adult television in the United States.