STREAMCAST NETWORKS ANNOUNCES THE EXPANSION OF ITS EXECTUTIVE TEAM TO INCLUDE A NEW CHIEF OPERATING OFFICER AND VP OF STRATEGIC DEVELOPMENT |
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Contact: New COO Gary Sonnier To Drive Expansion of Peer-to-Peer File Sharing Business; Trey Bowles Promoted to VP of Strategic Development to Analyze Market Opportunities in Rapidly Expanding Peer-to-Peer Technology Market . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Franklin, TN.—— September 16, 2002— StreamCast Networks, Inc., provider of digital communications solutions and products, today announced that it has expanded its executive team with a new Chief Operating Officer, Gary Sonnier, and the promotion of Trey Bowles to Vice President Of Strategic Development. StreamCast is expanding the executive team to grow the company and concentrate on the penetration of the Morpheus™ Peer-to-Peer (P2P) file-sharing products into vertical markets. As the new Chief Operating Officer, Gary Sonnier will help in the restructuring of StreamCast Networks to help grow the business into the emerging P2P and additional vertical markets. StreamCast Networks welcomes Sonnier with over 20 years in the technology industry. Most recently, he was COO and EVP of Business Development for SolidStreaming, a wireless software startup. Prior to that, he was a Senior Director of Product Marketing and Business Development for Motorola. In his career he has held a range of management positions at Lucent, AT&T, and Philips. He holds an MBA from the University of Denver and an MSEE from Stanford University. “We are very excited to have Gary and Trey on our executive team. They are both crucial additions to the exceptional team at StreamCast,” said Steve Griffin, president and chief executive officer of StreamCast Networks. “Gary’s experience in the growth of emerging market companies and establishing key industry partnerships will be paramount to the success of the company.” “StreamCast Networks is unique in that it is helping to drive understanding and growth into the emerging Peer-to-Peer space,” said Gary Sonnier, chief operating officer of StreamCast Networks. “I am thrilled to have the opportunity to work with the company that is paving the path in the adoption of a new communication vehicle that allows people to directly connect and share information.” Additionally, StreamCast Networks has promoted Trey Bowles to Vice President of Strategic Development. Previously Bowles acted as the Director of Sales and Marketing. In his new role, Bowles will focus on the analysis of market opportunities in the P2P space and help drive the penetration of the Morpheus file-sharing product into those markets. Trey brings exceptional entrepreneurial experience to the StreamCast team having been a founder of the consulting firm, Daedalus Consultants. The firm was created to help organizations evolve and compete in the digital marketplace. Trey was also a driving force behind the independent music channel, Musicforce.com. Musicforce.com was rated the number #1 Christian site on the Internet in 1999 by About.com in August of 1999. “Trey has been with StreamCast for two years and helped to StreamCast’s Morpheus software products to become the leading P2P file-sharing products and to achieve over 100 million downloads,” said Griffin. “Trey’s familiarity with the P2P market and ability to develop additional market opportunities is indispensable in the plan to grow our business.”
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