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John
Caulfield to Head New ViewCast Online Solutions Division
Former
Outreach Technology CEO to Spearhead
Business-to-Business Solutions for Video Communications
DALLAS
(Feb. 6, 2001) Viewcast today announced that John
Caulfield has been named corporate vice president and president
of the ViewCast Online Solutions division at Viewcast, Inc.
(NASDAQ: VCST), a leading provider of streaming media and
networked video solutions. In this newly created position,
Caulfield is responsible for building ViewCast Online Solutions
business.
John
will hit the ground running initially with a staff
of very capable ViewCast employees and will be responsible
for all operating functions of the new division, to include
marketing, sales, development and support of the new initiative,
said George Platt, president and chief executive officer.
We believe that this division provides ViewCast with
a new strategy that builds upon our considerable base of
technology and expertise in streaming media from our Osprey
Video division.
Im
excited to be leading this initiative for ViewCast,
said Caulfield. The timing is perfect. Until now,
rich media on the web has been mostly focused in support
of the movie and entertainment industry. We believe only
three percent of companies to date employ rich media in
support of business applications. Therefore, an enormous
opportunity exists to deliver, in a hosted model, solutions
and applications that provide B2B customers quick time-to-value
from this new technology. In the coming weeks and months,
we will introduce an exciting set of initial offerings targeted
to support these customers.
Prior
to joining ViewCast, Caulfield served for two years as the
president and CEO of Outreach Technology, an e-business
corporation. Before Outreach, Caulfield was executive vice
president for Fujitsu Private Network Division. Caulfields
extensive high-tech experience includes executive positions
at IBM, ROLM and Exxon Information Systems.
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 industrys 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 Viewcast Web site (http://www.viewcast.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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