Narrowstep, Inc. Appoints New Chief Technology Officer
April 30 2007 - 4:00PM
PR Newswire (US)
NEW YORK and LONDON, April 30 /PRNewswire-FirstCall/ --
Narrowstep(TM) Inc. (OTC:NRWS) (BULLETIN BOARD: NRWS) , the TV on
the Internet Company, announced the appointment of Louis Holder as
the company's Chief Technology Officer. This appointment continues
to build on the Company's plan to scale the business with a
dynamic, accomplished, and progressive team. Mr. Holder will report
directly to David C. McCourt who serves as Chairman of the Board
and interim Chief Executive Officer. "I am thrilled to have Lou
finally join our management team," commented David McCourt. "For
the last several months, I have been working with him and sharing
my vision for developing the best tools to help our customers
monetize content. Lou is an accomplished leader in efficiently
building and integrating technologies to deliver quick, scaleable
solutions. He will be instrumental in taking our technology to the
next level." Mr. Holder has over 15 years experience leading
technology organizations in the design and development of scaleable
business-to-business and consumer web-based systems. Most recently,
Lou held the position of President at Novega Venture Partners, a
wholly-owned subsidiary of Vonage Holdings Corp, an NYSE listed,
$600M voice-over-IP-company, where he was focused on the
development of new product offerings. Mr. Holder is one of the
original co-founders of Vonage, where, from 2001 to 2005, he led
the company's technology infrastructure, products and support
services, including systems development and web application
development. From 1997 to 2000, Mr. Holder was a vice president in
the program trading technology group at PaineWebber, where he
performed business and technical analysis and was responsible for
the development of a next-generation program trading system. Prior
to PaineWebber, Mr. Holder was a senior software developer at
Cantor Fitzgerald. Mr. Holder developed several analytical and
trading applications for Cantor Fitzgerald's FX options, emerging
markets, government bond swaps, euro bond swaps and interest rate
swaps desks. Mr. Holder holds a bachelor's degree in electrical
engineering from Polytechnic University, New York. Mr. Holder
commented, "Of all the companies in the emerging space of
video-over-IP, Narrowstep is clearly one of the leading providers
with some of the most prestigious customers from around the world.
I'm impressed with management's vision for how the company can
further help customers commercialize their content and provide a
great viewing experience through enhanced tools and functionality.
I'm excited to be joining such a high caliber team and leading the
next generation of product offerings." Adds Mr. McCourt, "I am
confident in Lou's abilities to leverage our technology with both
organic development, as well as integration with 3rd party
solutions to deliver a full-suite of next generation, world-class
products and services. I look forward to working with him." Jason
Jack, who formerly served as the company's Chief Technology
Officer, will remain with the company as Narrowstep's Chief
Software Architect. About Narrowstep(TM) Narrowstep(TM) Inc.
(OTC:NRWS) (BULLETIN BOARD: NRWS) , the TV on the Internet company,
is a leading global provider of broadband television services.
Narrowstep's proprietary technologies and customer-focused services
enable TV channels to be delivered over the Internet. 100+
companies worldwide have chosen Narrowstep because it offers the
most television-like and true community building broadband
experience. The Company's telvOS(TM) (Television Operating
System(TM)) and nBed(TM) technologies enables the most
comprehensive delivery of video to mobile, wireless, Internet,
broadband, video-over-IP and entirely new IP-delivered broadcast
services. For more information, go to http://www.narrowstep.com/ or
call +1-609-951-2221. DATASOURCE: Narrowstep Inc. CONTACT: Jesse
Deal of Allen & Caron, +1-212-691-8087, , for Narrowstep Inc.;
or Belinda Thomas of Franklin Rae, +44(0)207317-5400, , for
Narrowstep Inc.; or Mara Marich of Narrowstep Inc.,
+1-609-951-2221, Web site: http://www.narrowstep.com/
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