02.11.2011 22:44:00
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Raystream Appoints Paul M. Hamer to Board of Directors
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.
Paul M. Hamer (Photo: Business Wire)
"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.
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