Algolith appoints Barry Fairhurst as VP of Worldwide Sales

Industry veteran brings a wealth of broadcast experience

Montreal, Quebec (June 16, 2009) — Algolith Inc, a leader in advanced world-class video processing solutions for broadcast, cable, satellite, and IPTV providers, today announced that Barry Fairhurst has joined Algolith as VP of Worldwide Sales and will be responsible for Algolith’s global sales strategy.

“We are delighted to have Barry Fairhurst join Algolith as VP of Sales. Barry has an outstanding sales and business track record for over twenty years,” said Yvan Ouellet, president and CEO of Algolith Inc. “Mr. Fairhurst’s business experience as well as keen understanding of the broadcast market will be key assets in bringing Algolith’s business forward. “ Mr. Fairhurst’s has held previous roles as VP of Sales at Digital Rapids Corporation followed by more than 12 years of successful Channel and Strategic Accounts management at Avid Technology.

“I am very excited about joining Algolith and welcome the opportunity of being a part of this incredible team,” said Barry Fairhurst, Algolith’s new VP of Worldwide Sales. “With the power and flexibility of our One card, One Price, More Choices Program, released at NAB 2009, Algolith once again solidifies itself as a technology provider who thinks outside the box and is already playing a significant role in the new broadcast model.”

1 Card, 1 Price, More Choices

Algolith’s One Card, One Price, More Choices Program allows users to repurpose the Algogear card to any one of Algogear’s video processing solutions— at no additional cost. One Algogear card holds the power of the entire line of applications available from Algolith, including solutions for Signal Processing, Format Conversion, as well as Sync and Delay. The reconfigurable nature of the Algogear card means that any Algolith customer who is already using an Algogear card today as an Upconverter or Downconverter can repurpose the card to be a Frame Synchronizer or a Video Delay tomorrow, for free.

About Algolith

Algolith Inc., based in Montréal (Québec, Canada) is a privately held company founded in 2003 as a spin-off of Miranda Technologies. Algolith has developed the industry’s most advanced video processing algorithms, leveraging over 50 man-years of R&D and IP development. The company has built its reputation around delivering its patented core Intellectual Property (IP), an unparalleled portfolio of technology which significantly improves image quality in all formats.

Algolith Inc. develops advanced high quality video processing solutions for reconfigurable cards designed to delay, synchronize, convert and process signals in all formats for broadcast, cable, satellite, and IPTV providers. Algolith provides the best value in advanced image processing with a future-proof, flexible, modular platform. Algolith also develops specialized IP solutions which can be used for FPGA or ASIC implementations by OEM and IP licensees.

For sales information, or to find a reseller in your area, please contact sales@algolith.com or 1-877-ALGOLITH, or visit www.algolith.com.

Media Contact

Esther Hotter

Marketing Communications

Algolith Inc.

514-335-9867 ext 3246

514-815-0831 (cell)

esther@algolith.com