Dallas, 25.10.2011 - DALLAS, TEXAS, October 24, 2011 ? Raystream Inc. (OTC BB: RAYS.OB), a provider of HD video compression services to companies across the globe, today announced the addition of four new Business Development Managers to serve business customers throughout North America.
'Demand for Raystream?s proprietary online video compression technology has been growing exponentially, and we are adding team members, working in offices throughout the United States and Germany, to meet that demand,? says Raystream CEO Brian Petersen. 'Businesses are clamoring to reduce the bandwidth cost of providing online video content, while putting an end to irritating long load times, buffering and stopping of videos for the viewer. With the recent launch of our B2B video compression platform, and with our newly expanded sales team, Raystream is poised to forever alter the way the world experiences online video.?
Joining Raystream are Joel Breen, Chad Munce, Laszlo Spitzer, and John Townsend.
Joel Breen has more than 16 years of experience in digital/new media and emerging technologies, primarily in marketing strategy and business development. Prior to joining Raystream, Breen served as Vice President at Animetrics Inc, a facial recognition biometric company, creating strategic partnerships with organizations such as Verizon Wireless, AT&T, Sprint and Novartis. Previously, Breen spearheaded new business development and integrated marketing strategies at Sokolove Law, Blue Dolphin Group, Luxury Media Corp., Inacom Information Systems, Inergy On-Line and Pinehurst Group.
Chad Munce brings vast experience in technology, marketing and business development to Raystream. Most recently, he served as Group Executive of Marketing and Digital Imaging at Photo Marketing Association International, the largest imaging trade association in the world. In that role, Munce was responsible for marketing, education and content development. He also previously held business development and strategy positions with Skyline Displays and RPI Digital Images. A featured speaker at several international conferences, Munce?s interviews have been featured on National Public Radio (NPR) and in The Chicago Tribune.
Laszlo Spitzer has a two-decade track record of multi-million-dollar new business growth through market and sales channel development. Prior to joining Raystream, Spitzer was OEM Sales & Business Development Manager at Qintar Technologies Inc. in Shenzhen, China. In this and other roles at companies such as Panoram Technologies and Aclivity Inc., Spitzer has negotiated formidable contracts with Chevron Worldwide; British Petroleum; Boeing; Lockheed Martin; Toyota; the U.S. Army, Navy, and Coast Guard; NBC Universal; Warner Brothers; Paramount; and others.
John Townsend brings more than 12 years of technology sales experience to Raystream. His career has spanned multiple industries, including hospitality, golf, healthcare and Internet solutions. Over the course of his career, Townsend has assisted numerous companies in improving operations by consulting on and implementing solutions related to software, website design, technology integration and marketing. Townsend was the top sales executive of ProLink Solutions in 2007 and of clubsystems group in 2003.
'We are delighted to welcome Joel, Chad, Laszlo and John to our rapidly expanding sales team,? said Petersen. 'These seasoned professionals will enable us to meet the rapidly growing demand for Raystream technology in North America and abroad. Our fortified sales force now covers the entire United States as well as several international markets.?
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See Raystream Inc.'s filings with the Securities and Exchange Commission which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.
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