PHOENIX -- Clear Channel Outdoor is creating new opportunities for advertisers with the announcement that long-time digital media strategist Michael Hudes has assumed the new position of executive vice president, corporate development. "We have decided to actively seek out developing technologies that enable us to remotely and instantaneously change static signage," says Clear Channel Outdoor Chief Executive Officer 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."Clear Channel Outdoor's properties include 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," Hudes says. "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, he was president and chief operating officer of AdSpace Networks, Inc. Clear Channel Outdoor and its affiliates operates more than 750,000 displays in 65 countries, with more than 150,000 displays in 46 U.S. markets, including 18 of the top 20."