Genesis Networks Appoints Mike Antonovich President and CEO

NEW YORK — May 7, 2009 — Paul Dujardin, founder and chairman of Genesis Networks, today announced the appointment of Mike Antonovich as president and CEO of the company, a provider of next-generation global video transmission services and operator of one of the world's most advanced video fiber networks.

"Genesis Networks continues to provide the highest quality service to our growing base of customers, and we are confident that Mike will sustain and enhance our high standards with his deep insights into customers and markets across the globe," said Dujardin. "His appointment adds a wealth of talent and experience to our team at a time of exceptional business growth."

Antonovich brings more than 30 years of broadcast and satellite industry sales, marketing, operations, and executive experience to his new position. Prior to joining Genesis Networks, he was president and CEO of The SPACECONNECTION Inc., a wholly owned and independent subsidiary of Telesat Canada, and the industry's largest satellite bandwidth reseller of satellite capacity. Antonovich earlier served as executive vice president, global sales and marketing, and corporate officer of PanAmSat. Over an 18-year career at PanAmSat, he was a key member of PanAmSat's executive management team and was noted as the catalyst for the launch of many of the company's innovative satellite service solutions.

"I am delighted to join Paul and the excellent team he has assembled as we grow Genesis Networks into the premier video-over-fiber optic network on the planet," said Antonovich. "With network locations in over 60 cities on five continents, this company has a reliable and scalable video transport service that is becoming more valuable to the world's best broadcasters with each passing day."

Antonovich will be based in New York at the Genesis Networks headquarters.

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About Genesis Networks

Genesis Networks operates one of the world's most advanced video fiber networks, providing service across 60 cities on five continents. Genesis Networks provides broadcasters, cable networks, production companies, and corporations with high-quality customized global video transmission services that are reliable, flexible, and affordable. The Genesis Networks platform is a next-generation, IP-based fiber and satellite video network with cutting-edge switching and compression technologies. With access to more than 225 locations worldwide and growing, many organizations can now take advantage of Genesis Networks services. The company's network operations center in New York City maintains the health and standards of the global network while the Genesis Networks proprietary software system, IRIS, gives clients remote, real-time network monitoring, scheduling, and control capabilities. For additional information on Genesis Networks and its innovative products, please visit www.gennetworks.com.

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