| "We have decided to actively seek out developing
technologies that enable us to remotely and instantaneously change
static signage," announced Clear Channel Outdoor CEO Paul Meyer.
"In parallel, we are determined to create fresh opportunities
for advertisers through the aggressive and cost-effective deployment
of existing new sign technologies. Michael's entrepreneurial spirit
and extensive experience in digital media are a perfect fit for these
important tasks."

Clear Channel Outdoor's comprehensive range of cutting-edge properties
includes Clear Channel airports, Clear Channel malls, Clear Channel
taxis and its spectacular sign division, Clear Channel Spectacolor.
"Technology is changing the fundamentals of the advertising
industry; and as society becomes increasingly mobile, Clear Channel
Outdoor is positioned to maximize the potential of these technological
changes," said Hudes. "We will focus on creating new products
that are more flexible and effective in enabling advertisers to
deliver more timely and relevant information to consumers. The end
result will be to increase the value of out-of-home media in the
advertising landscape."
Hudes will be based in northern California, in the company's Bay
Area office. Prior to joining Clear Channel Outdoor, Hudes was president
and chief operating officer of AdSpace Networks, Inc. Under his
leadership, the company became a leading builder of digital media
networks for advertising and promotion in public spaces, said an
official release.
According to a media report, Clear Channel Outdoor has an annual
revenue of more than two billion dollars and hundreds of thousands
of outdoor signs worldwide. The company's parent, San Antonio-based
Clear Channel, in February said its outdoor advertising and concert
promotion businesses offset weaker radio revenue in the fourth quarter.
The company soon hopes to come out with remotely operated digital
billboards on roadways which will give advertisers the opportunity
to customise their messages according to the time of the day, area
demographics, language and location.
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