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Mr Terence Swee
As co-founder and Chief Opportunities Officer of home-grown consumer software company, muvee technologies, Terence Swee helped build muvee autoProducer, the world's first automatic video editing software. Terence was instrumental in putting muvee's products on the world map, travelling relentlessly around the globe promoting and negotiating multi-million dollar licensing deals with the number one players in every consumer electronic segment that muvee participates in. To date, muvee’s products have sold into over 120 countries worldwide, and are bundled globally with major original equipment manufacturers including Sony, Hewlett-Packard and ATI. muvee was also the first to offer automatic and instant personal video for the mobile phone platform with Nokia.
At the tender age of 12, Terence built his own remote-controlled aircraft, and eventually went on to major in computer engineering at NUS, before taking up a postgraduate scholarship to pursue his Masters of Engineering degree. His research papers have been published in the USA, Australia, Singapore, Turkey, Israel and Hungary. An engineer by training but always a musician at heart, this award-winning Yamaha scholar also found time to pursue his first love, honing his keyboard skills to become an accomplished jazz pianist and representing Singapore in music competitions.
Terence has always possessed an insatiable thirst for new experiences, and an ambition to make it big globally. He started a music and talent agency while still in school, managing gigs for musicians. He also produced and wrote a variety of music for stage plays and commercials, and performed at hotels and other large-scale events. Terence’s successful agency business enabled him to backpack around the world to off-the-beaten-track places such as Jordan, Tunisia and Malta, where he climbed several volcanoes and attended world class jazz festivals.
Believing that global ambitions need to be supported by a strong mind and healthy body, Terence is also an avid triathlete, and in 2000, became the 25th Singaporean to complete the gruelling 226km Ironman race.
Terence abandoned his Ph.D, plans in favour of working at NUS’ Kent Ridge Digital Labs, where he was able to use his training in music and signal processing to develop technologies to aesthetically fuse voice and music. He then went on to develop music analysis methods that were eventually incorporated into muvee’s flagship autoProducer product.
In the first year of muvee’s incorporation (2001), Terence brought the company to exhibit at more than 15 tradeshows around the world in a little over a year and in that time, promptly licensed muvee’s Artistic Intelligence™ engine to a leading video editing software company in Toronto, ahead of the first commercial release of the product. By the end of 2002, Terence had put muvee retail boxes on shelves in Spain, Italy, France, UK, Germany and Japan.
In the 3 short years since the company first started, muvee has been granted a number of patents for its technologies, and has tripled revenues each year, achieving positive cash-flow and a full year of profit in 2004. muvee is now 43-strong at its headquarters in Singapore, and expects to grow to 60 staff by the end of 2005. muvee autoProducer has appeared on the Today Show and Tech TV in the USA and won many accolades from publications worldwide, most notably a four page double article by Forbes last month.
As muvee’s main deal-maker, Terence often has his feet off the ground, as he spends no less than 400 hours a year on a plane. But he still finds time to actively contribute locally by speaking about his global business experiences at corporate seminars, as well as at local polytechnics and the National University of Singapore’s Entrepreneurship Centre.
Terence dedicates this award to his mentor, friend, co-founder and CEO of muvee, Dr. Pete Kellock, and to the truly talented team at muvee that they have assembled.
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