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Vantrix Poised to Address Next Phase in Multimedia Content Market With Advanced Mobile Solutions and New Strategy

November 12, 2008

ANAHEIM, Calif., and MONTREAL, Nov. 12 /PRNewswire/ — Vantrix, the leading provider of content adaptation and optimization solutions for converged wireless, broadband and cable networks today announced important additions to its executive team and Board of Directors, along with renewed focus on core competencies in multimedia content processing and delivery.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080908/NYM017LOGO )

Allan Benchetrit, co-founder President & CEO of Vantrix, has assembled a team of industry veterans to help lead the company through its next phase of growth.

“As the company experiences triple-digit, year-over-year growth, the addition of Patrick Lopez as Chief Marketing Officer, Charles Marsh as VP Sales Americas, Elie Daher as VP Finance and Administration, and Bruce Stamm as VP Customer Operations, dramatically strengthens Vantrix’ ability to manage growth in a rapidly evolving market,” said Mr. Benchetrit. “I also welcome Serge Fortin to our Board of Directors, as external advisor. Together, this outstanding team of experienced wireless and telecommunications professionals has already made significant contributions to our company’s recent growth and will be instrumental in helping Vantrix achieve both its expansion and market penetration goals.”

Over the last several months, Vantrix has remained committed to realizing its leadership role in the field of multimedia processing, transcoding and video delivery for converged networks. The company has been successful deploying its technology with an increasing number of network operators and mobile entertainment companies to offer innovative services such as MMS, Mobile TV, User Generated Content (UGC) and Video On Demand. These solutions and others are now supported by the 8th generation of Vantrix’ media processing platform, Mediadvance.

Mediadvance is the core software platform on which all Vantrix products and solutions are built. A common software platform provides Vantrix customers with a single point of management, provisioning and administration of their multimedia services. The benefit is considerable OPEX and CAPEX savings as more multimedia content is being delivered by network operators.

   About the team:   Serge Fortin, external advisor to Vantrix' Board of Directors  

Serge Fortin, is a telecom industry veteran with more than 30 years of executive management experience. Mr. Fortin most recently served as President and Chief Executive Officer of SR Telecom, and in an executive capacity at FLAG Telecom, a part of the Reliance Group of Companies, a major corporation in India. Previously, Mr. Fortin held various senior management positions at Teleglobe, including that of Chief Operations Officer. He was also President and CEO of Bell Actimedia, whose operations included Yellow Pages and Sympatico, as well as President and CEO of TATA Teleservices, an Indian telco provider and one of the world’s first major fixed wireless operators.

Patrick Lopez, Chief Marketing Officer

Patrick Lopez has over 10 years of experience in marketing and product strategy and planning. His previous experience includes similar responsibilities at Airwide Solutions, 724 Solutions, Redknee, Logica (now Acision) and Philips electronics. He has been a representative to ETSI, OMA and 3GPP for SIM Toolkit, WAP and MMS standardization and was the chairman of the MMS IOP group. He currently sits in the executive advisory board of dotmobi, where he supervises the usage and optimization of multimedia services for mobile consumption.

Charles Marsh, VP Sales America

As Vice President of Sales, Charles leads Vantrix sales efforts in the Americas, managing relationships with carriers, strategic partners and content aggregators in the region. With over 11 years of sales, business development and marketing expertise, Mr. Marsh has a proven track record in the high tech/software industry. Prior to joining Vantrix, Mr. Marsh was a major contributor to the success of OZ Communications, SchlumbergerSema and Sema in both North America and Europe.

Elie Daher, VP Finance & Administration

Elie Daher has over 12 years of experience in financial management. Before joining Vantrix, Mr. Daher spent over 6 years at Bell Canada, the country’s largest communications company, most recently as Director of Corporate Finance.

Bruce Stamm, VP Customer Operations

Bruce Stamm has over 20 years of experience in various software engineering, product testing and customer support functions in the aerospace and high technology industries. Before joining Vantrix in 2007, Mr. Stamm worked for IBM Rational, where he led product test organizations located in North America and Asia.

For more information about Vantrix’ solutions and products, please visit http://www.vantrix.com/.

ABOUT VANTRIX

Vantrix delivers the best multimedia customer experience on any network. The company offers a comprehensive suite of solutions that delivers any multimedia content to any device, focusing on the best possible user experience to drive consumer adoption of premium services like MMS, Mobile TV, User Generated Content and Video On Demand. Vantrix is headquartered in Montreal with offices in London and Dubai.

   To learn more about Vantrix visit our new website at http://www.vantrix.com/.    Media Contact:     Kristin Conforti   PAN Communications   978-474-1900   vantrix@pancomm.com    Patrick Lopez   Vantrix   514 866 1717 x297   Patrick.lopez@vantrix.com  

Photo: http://www.newscom.com/cgi-bin/prnh/20080908/NYM017LOGO

Vantrix

CONTACT: Kristin Confort, +1-978-474-1900, vantrix@pancomm.com, of PANCommunications, for Vantrix; Patrick Lopez, +1-514-866-1717 x297,Patrick.lopez@vantrix.com, of Vantrix

Web Site: http://www.vantrix.com/




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