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Winnipeg, MB, March 25, 2008

LibreStream Technologies Appoints Philippe Beaulieu as Vice President of Sales for the United States and Latin America

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Successfully Completes Fund Raising

 

LibreStream Technologies, the leader in the design, development, and sale of Mobile Video Collaboration Systems, today announced that Philippe Beaulieu has joined the company as Vice President of Sales for the United States and Latin America.  Mr. Beaulieu will be based in Irvine, California.

Mr. Beaulieu comes to LibreStream from Psion Teklogix where he worked for the past twelve years, most recently in the role of VP of Sales, Americas. In that position, he was instrumental in developing and leading Psion Teklogix’s sales strategy and execution across Canada, the United States and Latin America. Previously, Mr. Beaulieu spent seven years with Psion Teklogix in Europe in a variety of sales leadership and marketing positions.  Mr. Beaulieu started his career in Canada with operational roles at Canadian Pacific Railways and Weston Bakeries.

"Real time mobile video conferencing and collaboration is a new product category in strong demand in the Americas, and Philippe’s track record of success in similar markets makes him well suited to building a strong US sales team and new commercial partnerships" said Mark Ahrens-Townsend, Executive Vice President, Business Development for LibreStream Technologies.

"Video conferencing, wireless technologies and mobile devices are all at the forefront of enterprise IT deployments" said Mr. Beaulieu. "For LibreStream, this change represents a very high growth opportunity. I'm thrilled to be a part of the LibreStream team."

LibreStream is also pleased to announce it has successfully completed a fund raising which will be used to (1) significantly expand its business development efforts and build its sales and marketing team and (2) continue its investment in new product development.