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Raystream Opens Regional Office in South Africa |
Source: |
Google Alert |
Source Date: |
Tuesday, February 14, 2012 |
Focus: |
Knowledge Management in Government
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Country: |
South Africa |
Created: |
Feb 14, 2012 |
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"We are excited to announce the opening of our regional office in Johannesburg, South Africa. Now, businesses that stream HD video online in that area of the world have easy, full access to Raystream's HD video compression services. We are equally pleased to announce the addition of Xoliswa Kakana as our regional partner. She will drive sales growth, lead our dedicated team in South Africa, and manage our new office," said Brian Petersen, Raystream's CEO. "Our new South African regional office is the second in a series of planned offices that will extend our global reach, and follows the opening of our Paris, France location, announced last November."
Xoliswa Kakana is Founder and Chairperson of 100% woman-owned company ICT-Works (Pty) Limited and subsidiary ICT Works Telecom (Pty) Limited, providing Information Technology and Telecommunications services. She holds a Masters Degree in Electronics Engineering from F.H. Giessen-Friedberg in Germany; an MBA from Henley College in London, England; a Masters Degree in Technology Management and Innovation from Massachusetts Institute of Technology, and a Masters Degree in Public Administration from Harvard University.
About Raystream
Raystream Inc. is bringing its video compression services to businesses that stream High Definition (HD) video online. Raystream drastically decreases bandwidth and data storage costs by reducing the file size of HD videos up to 90 percent, with an average of approximately 70 percent -- with no significant loss in HD clarity or quality. 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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Raystream Opens Regional Office in South Africa Anchor location to provide Raystream’s HD Video Compression Services to Businesses throughout South Africa Raystream Inc RAYS -2.65 a provider of HD video compression services is expanding its market reach with a new regional office in Johannesburg South Africa With its HD video compression technology Raystream significantly reduces bandwidth and data storage costs for HD video content providers and allows videos to load faster and play more smoothly for online viewers Raystream's algorithm decreases the size of HD videos by an average of 70 percent -- with no significant loss in the crisp clear images and beautiful colors of HD
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