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ViewCast
Announces the Resignation of David C. Tucker
from the Board of Directors
DALLAS
(Feb. 25, 2002) - ViewCast Corporation (NASDAQ: VCST), the
video communications leader, today announced that David
C. Tucker has stepped down from his position on the ViewCast
board of directors. His resignation was effective February
22, 2002.
Mr.
Tucker, who has served on the ViewCast board since August
2000, made the decision to step down from the board as his
current duties as an executive of Cisco Systems may present
a conflict of interest in the future. His extensive knowledge
and guidance within telecommunications and technology has
been a valuable asset to ViewCast's operations.
"It has been a pleasure actively participating on the
board of ViewCast, and having the opportunity to work with
their talented group of professionals," said Mr. Tucker.
"I have confidence that the board of directors and
management team have the experience and ability to successfully
guide the company now and in the future"
"David
has been one of the key leaders in the growth and success
of our business since 2000," commented George Platt,
ViewCast president and chief executive officer. "His
contributions and expertise will be greatly missed. We wish
him all the best in the future. We have identified potential
candidates to fill his seat on the board and will announce
a new director when appropriate."
About
Viewcast Corporation
ViewCast
develops products and services that provide video networked
solutions. ViewCast maximizes the value of video through
its core businesses: Osprey® Video provides the streaming
media industry's de facto standard capture cards; ViewCast
Systems integrates turnkey streaming and video distribution
systems; and ViewCast Online Solutions delivers complete
B2B solutions and video delivery for online video communications.
From streaming digital video on the Internet to distribution
of broadcast-quality video throughout the corporate enterprise
plus comprehensive "click, create and view" video
software applications, ViewCast provides the complete range
of video solutions. Visit the company's web sites (http://www.viewcast.com,
http://www.ospreyvideo.com and http://www.viewcastonline.com)
for more information.
This
press release may contain forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933,
as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended, which reflect the Company's current
judgment on certain issues. Because such statements apply
to future events, they are subject to risks and uncertainties
that could cause the actual results to differ materially.
Important factors which could cause actual results to differ
materially are described in the Company's reports on Form
10-KSB and 10-QSB on file with the Securities and Exchange
Commission.
All
trademarks are property of their respective holders.
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