Raystream Appoints Paul M. Hamer to Board of Directors

Lichtenfels, (PresseBox) - DALLAS, Nov 02, 2011 (BUSINESS WIRE) -- Raystream Inc. (OTC BB: RAYS), an emerging global provider of HD video services, today announced the appointment of Paul M. Hamer to its Board of Directors.

"We are pleased to welcome Paul to the Raystream Board of Directors. Paul's experience will be invaluable as we continue to rapidly grow Raystream's market presence and deploy our revolutionary HD video compression technology," said Brian Petersen, Raystream's CEO.

Since 2001, Hamer, 49, has served as Executive Vice President of Development for Davaco, Inc. As the national leading provider of turnkey retail and restaurant service solutions, Davaco's mission is to provide high-quality services and solutions that maximize brand presence and profitability for its customers. Hamer has a 17-year track record of successfully delivering multi-million dollar new business deals to several Fortune 100 companies, demonstrating his thorough understanding and knowledge of developing strong business-to-business relationships. From 1998-2001, he was Vice President of Sales for Davaco (formerly Fixture Perfect International, Inc.), and he previously served as National Sales Director and as Regional Director, Northeast for FPI Services, Inc. Hamer is also a member of the SPECS Advisory Board.

"Paul's extensive operational background and the depth of his experience in developing B2B relationships will be indispensable assets to Raystream. We look forward to his counsel and guidance on the creative aspects of our marketing, sales and development platforms," said Petersen.

About Raystream

Raystream Inc. is bringing its proprietary video compression technology to businesses and consumers worldwide. This technology drastically decreases bandwidth costs by reducing the file size of HD videos up to 90 percent, with an average of approximately 70 percent, and with no loss in clarity or quality -- so they can be streamed online without buffering or stopping. Raystream's technology puts high definition video in the reach of nearly every Internet user on the globe. Click here to see the future of online video.

Raystream is a public company quoted on the OTC BB under the symbol RAYS. For more information, please visit us at www.raystream.com.

Forward-Looking Statements

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.

Follow us on Twitter: @RaystreamInc

Like us on Facebook: www.facebook.com/raystreaminc

Photos/Multimedia Gallery Available: http://www.businesswire.com/...

SOURCE: Raystream Inc.

Raystream GmbH

About Raystream

Raystream Inc. is bringing its proprietary video compression technology to businesses and consumers worldwide. This technology drastically decreases bandwidth costs by reducing the file size of HD videos up to 90 percent, with an average of approximately 70 percent, and with no loss in clarity or quality -- so they can be streamed online without buffering or stopping. Raystream’s technology puts high definition video in the reach of nearly every Internet user on the globe. Click here to see the future of online video.

Raystream is a public company quoted on the OTC BB under the symbol RAYS. For more information, please visit us at www.raystream.com.

Contacts

Raystream Inc.
Nadia Christian, VP of Marketing, 972-980-7206
ir@raystream.com
or
Halliburton Investor Relations
Marlene Owen or Hala Elsherbini, 972-458-8000
mowen@halliburtonir.com or hala@halliburtonir.com

Press releases you might also be interested in

Weitere Informationen zum Thema "Internet":

Microsoft investiert in das Internet der Dinge

In den kom­men­den vier Jah­ren will Mi­cro­soft ins­ge­s­amt fünf Mil­li­ar­den US-Dol­lar (rund 4,07 Mil­li­ar­den Eu­ro) in IoT-Lö­sun­gen auf Ba­sis ei­ge­ner Tech­no­lo­gi­en in­ves­tie­ren. Da­mit will der Red­mon­der Kon­zern die di­gi­ta­le Trans­for­ma­ti­on be­sch­leu­ni­gen.

Weiterlesen

Subscribe for news

The subscribtion service of the PresseBox informs you about press information of a certain topic by your choice at a choosen time. Please enter your email address to receive the email with the press releases.

An error occurred!

Thank you! You will receive a confirmation email within a few minutes.


I want to subscribe to the gratis press mail and have read and accepted the conditions.