LOS ANGELES, Calif., Oct. 30, 2007 (PRIME NEWSWIRE) -- NS8 Corporation "NS8" (OTCBB:NSEO), a provider of Broadband entertainment systems, has announced today the appointment of Mr. James C. (Jim) Forbes as Chief Executive Officer and a Director of the company. Mr. Forbes has more than 20 years of leadership experience at four publicly traded and highly competitive Internet and Telecommunications service providers in the U.S. and globally.
Chairman Mr. Anthony Alda said, "Jim is the ideal executive to be our CEO. He is a widely respected figure in the technology industry with an established track record and more importantly, he understands the evolution of a business from start-up to maturity. We look to Jim to set NS8's strategic direction and drive the execution of the company's rapid growth."
Mr. Forbes served as Corporate Vice President and other senior executive positions of $3 billion global IP provider Equant, NV (France Telecom) from 1997 to 2006. He directed the successful go-to-market technology partnerships with Cisco and Nortel worldwide, managed the company's $700 million strategic customer, led its largest and fastest growing $450 million IP Line of Business, developed several industry leading IP services, and was President of the Americas.
"I am pleased and honored that NS8's board of directors has selected me to lead the company through its next stage of growth," said Forbes. "Internet video, music, and games are rapidly expanding and NS8 is poised to enable its customers and partners to effectively compete in this dynamic market," concluded Forbes.
Prior to joining Equant, Mr. Forbes was President of Cable & Wireless' turnaround operation in Hawaii and Vice President, General Manager of MFS' start-up operation in Georgia. His professional career started as an eleven year veteran at MCI in a progressive series of sales, marketing, and management roles in the U.S., including General Manager of Puerto Rico, where he built one of MCI's largest international operations.
Mr. Forbes was on the Board of Directors for Broadband Internet provider STSN, Inc. (Salt Lake City, Utah) and is presently on the Advisory Board of sports and entertainment management firm Ten Events Asia, Ltd. (Shanghai, China). Mr. Forbes holds a BA in Communications from the University of Georgia and served in the U.S. Air Force Reserve.
ABOUT NS8 CORPORATION
NS8 Corporation (www.ns8corp.net) is a Digital Interactive Media Distribution Company that specializes in the development of server-based technologies in the areas of content licensing, digital media publishing and royalty distribution management, including interactive consumer viewing systems for Internet on-demand applications for PC, IPTV and other portable media devices. iWave Interactive Systems is a division of NS8 Corporation that specializes in providing turn-key Broadcast Management Services of digital content over Internet enabled networks. iWave combines NS8's proprietary server based technologies for use by content owners, media distributors, and telecommunication companies to provide a powerful solution for processing, publishing, reporting and distributing content to consumers over PC, IPTV, mobile device or portable wireless environment.
SAFE HARBOR STATEMENT
Certain statements made herein that are not historical are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the Company's beliefs and the assumptions it made using information currently available to it. Because these statements reflect the Company's current views concerning future events, these statements involve risks, uncertainties and assumptions. The actual results could differ materially from the results discussed in the forward-looking statements. In any event, undue reliance should not be placed on any forward-looking statements, which apply only as of the date of this press release.
TRADEMARKS
Consumer Program and Shopping Guide, CPG, Library Distribution Management System, LDMS, NS8, Secure Digital Content Distribution, Security Protocol Integration, SPI, and iWave Interactive Systems, iWaveMedia, AdWave are either registered trademarks or trademarks of NS8 Corporation or its subsidiaries. The names of actual companies and products mentioned herein may be the trademarks of their respective owners.
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