 -E-Me- |
Interactive Television Networks, Inc. Adds Chris Walczak |
Interactive Television Networks, Inc. Grows Executive Team with the Addition of Chris Walczak, Vice President, Wholesale Sales Walczak Brings More Than 25 Years of Sales and Marketing Experience in the Consumer Electronics, Television and Internet Industries LAGUNA NIGUEL, Calif., Jan. 3 /PRNewswire-FirstCall/ -- Interactive Television Networks, Inc. (OTC Bulletin Board: ITTV.OB - News) (ITVN), a leader in Internet Protocol Television (IPTV), today announced the appointment of Chris Walczak as Vice President of Wholesale Sales. HOW MANY OTHER EMPLOYEES AT THIS LEVEL? HOW MANY OTHER EMPLOYEES IN SALES AND/OR THIS DEPARTMENT? Reporting directly to CEO, Charles Prast. "Chris has been on the cutting edge of satellite, Internet and broadband technologies for many years," said Prast. "He's seen the IPTV industry come into its own -- as a key player in delivering on-demand video to satellite, wireless, and terrestrial broadband companies, to helping Direct TV build its network throughout rural America. His gained great insight to the potential of this space at the National Rural Telecommunications Cooperative, while working with hundreds of telcos. We are excited to have him on our team and look forward to taking ITVN to the next phase in IPTV technology." Walczak comes to ITVN from DSI Systems, Inc., a large private distributor serving independent retailers throughout the U.S., where he served as Vice President in the Buying Group. During his time there, Walczak worked with various consumer electronic vendors including RCA, Toshiba, WildBlue and DirecTV. Prior to DSI Systems, Inc., Walczak served as Vice President, New Product Development, for Pegasus Development Corp, which primarily resold DirecTV service to rural markets in 42 states. In that position, he was responsible for the development of new products and services extending from the company's core satellite television business. From 1994 through 1999, Walczak worked with the National Rural Telecommunications Cooperative (NRTC), a membership cooperative serving 1,000 rural electric and telephone cooperatives in the U.S. He served as Vice President, New Product Development at the NRTC, where he oversaw the purchase and wholesale sales and distribution of DirecTV systems. Walczak also founded and served as president of ConnectUSA, an LLC startup spun out of his development work at the NRTC. The venture supplied telephone companies and ISPs with an interactive set top box and customized interface, enabling them to compete with WebTV and AOL TV. Previously, Walczak served as a National Sales and Marketing Manager with Toshiba America Consumer Electronics. During his tenure there, he established the Toshiba brand in a crowded market, building a reputation that could be leveraged in the burgeoning home satellite TV market. Walczak received his BS in Business Administration, with a concentration in Physics from State University College at Buffalo, NY. Additionally, he completed International Management Training with Toshiba Corporation, Japan. Walczak currently resides in Indianapolis, Indiana and is available at cwalczak@itvn.com. What is IPTV? IPTV stands for Internet Protocol TV, which is broadcast-quality television delivered over standard home broadband Internet. While offering the same quality as satellite or cable, IPTV has many advantages, such as virtually limitless programming and on-demand content because only channels selected by consumers are delivered over home broadband networks. All content -- including HDTV -- can be distributed on a subscription or pay-per-view basis with content promotion integrated into the user experience. Best of all, IPTV offers true interactivity for the customer, allowing two-way communication with services comparable to the Web, creating a better environment for users, programmers and advertisers. About ITVN ITVN manufactures a low-cost, compact set-top-box that links the home television to IPTV networks and services without the need for a personal computer. In addition, ITVN is a provider of proprietary interactive content networks delivered to the television over home broadband. ITVN owns or controls all aspects of its business from content licenses, management, billing, and streaming software to its low-cost compact set-top-box. ITVN is making IPTV relevant to the everyday consumer by offering a growing number of niche-market networks while keeping the service affordable. Current and future networks include movie channels, music channels, news channels, and many other options where the overall viewing environment is enhanced by ITVN's true interactivity. In October of 2005, ITVN was named the "Innovator of the Year" at DigitalLife, a three-day consumer event produced by Ziff Davis Media. For more information on ITVN, please visit http://www.itvn.com. This press release contains forward-looking statements that involve risks and uncertainties that could cause actual events or results to differ materially from the events or results described in the forward-looking statements, including risks or uncertainties related to the release of ITVN's network and products, the market acceptance of its products and services, competition from companies that provide, or have announced an intention to provide IPTV, the need for subsequent substantial additional financing, and the company's ability to successfully market ITVN's products and services. Additional uncertainties and risks are described in Radium's most recently filed SEC documents, such as its most recent current reports on Form 8-K. All forward-looking statements are based upon information available to Radium on the date the statements are first published. Radium undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. SOURCE Interactive Television Networks, Inc. Web Site: http://www.itvn.com =Source= |