Kasenna Appoints New Members to Board of Directors

Kasenna Appoints New Members to Board of Directors

Dr. Satish Menon, Renowned IPTV Technologist, and Industry Veteran Howard Bubb to Further Accelerate Company's Rapid Growth in the IPTV Space

SUNNYVALE, Calif., May 4 /PRNewswire/ -- Kasenna, The IPTV Company(TM), a leading provider of video-on-demand (VOD) content and MPEG-4 ready IPTV applications for Triple Play services over broadband networks, today announced the appointment of new members to its Board of Directors. Dr. Satish Menon, co-founder and former chief technology officer of Kasenna, has been appointed to the board, and Howard Bubb, chairman and chief executive officer of Ambric, an early stage fabless semiconductor start-up, also joins as a new board member.

To further expand the company's technology leadership position in the IPTV middleware applications and video server space, Dr. Menon will spearhead the Technical Advisory Board. "The industry is seeing a rapidly growing demand for MPEG-4-based Triple Play IPTV services from global Telecom Service Providers and Cable Operators," said Satish Menon. "I look forward to continuing to drive the vision for Kasenna's technology development to build future generations of advanced video entertainment applications that will offer broadband carriers revolutionary and innovative ways to generate revenue."

Howard Bubb brings a wealth of industry experience to Kasenna from previous executive leadership positions at Intel Corporation, Dialogic, and Lexar. "Kasenna has demonstrated a long and successful history of VOD technology and applications development that places its products among the most widely deployed IPTV infrastructure," said Howard Bubb. "There aren't very many companies in the IPTV space that have such a unique and sustainable technology advantage, and I am very excited to join Kasenna's Board of Directors. Mark Gray, Satish and the rest of the team have done an extraordinary job positioning Kasenna as an acknowledged leader in the video entertainment industry and I look forward to working with them in guiding the company to the next level."

"The Broadband Service Provider market is experiencing a dramatic shift toward the delivery of advanced television and video entertainment services across all global regions," said Mark Gray, chairman and chief executive officer of Kasenna. "I'm very pleased that Kasenna has assembled such a strong Board of Directors. With Satish heading up the Kasenna Technical Advisory Board and the recruitment of Howard Bubb, Kasenna is poised to continue delivering the leading-edge IPTV applications, content and services that have made us a valued partner to major service providers across the globe."

One of the industry's highly regarded technologists, Dr. Satish Menon has a track record of technical innovation and a long history with broadband media technologies. He pioneered IPTV and VOD server and distribution technologies and holds 3 patents with several pending. In January 2000, Satish engineered the spin-off of SGI's Broadband Media Division as a separate venture-funded software company. In his role as CTO at Kasenna, he oversaw the technology evolution of the company's ubiquitous video delivery platform and Kasenna's PortalTV IPTV solution. Prior to the formation of Kasenna, Satish was the Director of Engineering of SGI's Software Technology Group. He is a co-founder of Kasenna and a former board member of the Internet Streaming Media Alliance (www.isma.tv). Satish earned his doctorate in computer science from Georgia Institute of Technology.

Howard Bubb joined Ambric in May of 2005 and served as a Vice President of Intel Corporation and General Manager of the Communications Infrastructure Group (CIG) prior to that. Previously, Howard was President and CEO of Dialogic, a leading manufacturer of computer telephony software and hardware platforms. Mr. Bubb joined Dialogic from Lexar's Telenova subsidiary where he was Senior Vice President and General Manager. He has also held senior management positions at United Technologies, Memorex and Telex corporations. He earned a bachelor's degree in Electrical Engineering in 1976 from California Institute of Technology.

The appointments to Kasenna's Board of Directors follow a successful year of major growth and customer wins and a recently completed funding round lead by Intel Capital.

About Kasenna

Kasenna -- "The IPTV Company(TM)" -- is a leading provider of video-on-demand (VOD) content and MPEG-4 ready IPTV applications for Triple Play services over broadband networks. Kasenna PortalTV(TM) is an integrated, turnkey, yet customizable, IPTV solution enabling telecom service providers, cable operators and others to generate additional revenue, increase profits and raise customer satisfaction through the delivery of advanced television services. Kasenna's patented software technology, built on open standards with an intelligent management infrastructure, has been proven with countless global deployments. Through its subsidiary ViewNow, Kasenna is able to offer operators the industry's only integrated and turnkey IPTV solution that includes scalable IP video infrastructure, subscriber applications, and VOD programming.

Kasenna is a privately held company with headquarters in Sunnyvale, California, and office locations worldwide. For more information, please visit www.kasenna.com.

Source: Kasenna, Inc.

CONTACT: Heike J. Stabenow of Kasenna, Inc., +1-650-943-8813, or
heike@kasenna.com; or Jim Carlson of Carlson & Co. PR, +1-303-221-8133, or
jim@carlsoncopr.com, for Kasenna, Inc.

Web site: http://www.kasenna.com/
http://www.isma.tv/

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