Genesis Networks Appoints Mark Wallhauser Executive Vice President

NEW YORK -- July 3, 2007 -- Genesis Networks, a provider of next-generation global video transmission services, today announced the appointment of Mark Wallhauser as executive vice president.

"Genesis Networks continues to provide the highest-quality service to our growing number of customers, and we are confident that Mark will sustain our high standards with his breadth of knowledge and vast array of experience," said Paul Dujardin, CEO of Genesis Networks. "His appointment adds strength to our team at a time of exceptional business growth."

Wallhauser joins Genesis Networks from Arbinet, where he helped develop and launch a domestic voice minutes exchange for the competitive carrier community. With more than 25 years of experience in telecommunications and broadcast services, Wallhauser, a past president of the New York Chapter of SSPI, has held senior posts at Wold Communications, idb Communications, and Teleport Communications (later AT&T).

"Genesis Networks is emerging as the global leader in fiber-based video transmission services with a wide range of flexible, customized solutions," said Wallhauser. "By combining video over IP, fiber optic, and satellite-based technologies, Genesis offers customers unmatched global reach and quality for their video transmission needs, whether in standard broadcast or high definition modes. I'm looking forward to helping the company expand its global footprint while we continue to build upon Genesis Networks' leading-edge technologies."

Genesis Networks provides turnkey fully managed video and data services with a global fiber and satellite infrastructure. Genesis Networks' service includes innovative and unique options including portable bandwidth, allowing broadcasters to make the most flexible and efficient use of their bandwidth, and the industry-leading IRIS real-time booking system.

IRIS, a customer-controlled, Web-based program, allows broadcasters to monitor and manage transmissions across the network, scheduling, routing, and monitoring their broadcast transmissions directly and in real time. Through its Start Now feature, IRIS lets a broadcaster's staff create and provision secure bookings to on-net services within 30 seconds.

Wallhauser will be based in New York and report to Dujardin.

More information about IRIS software and other Genesis Networks solutions is available at www.gen-networks.com.

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About Genesis Networks

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 more than 100 locations worldwide and growing, many organizations can now take advantage of Genesis services. The company's network operations center in New York City maintains the health and standards of the global network while the Genesis proprietary software system, IRIS, allows clients to have remote, real-time network monitoring, scheduling, and control capabilities. For additional information on Genesis Networks and its innovative products, please visit www.gen-networks.com.