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Streaming21 Announces Appointment of David Silver as President and CEO

Silver to guide company to next level (October 16, 2001)
Streaming21, Inc., a provider of streaming media solutions for the broadband market, today announced the appointment of David Silver to the position of president and chief executive officer. David Silver brings a strong management track record, and a proven expertise in growing small companies into fast growing market leaders.

Mr. Silver brings more than 20 years of high-tech management and industry experience to the CEO position, including 15 years as president and chief executive officer of Kofax. As co-founder and CEO, he is credited for making Kofax's solutions a part of nearly every major document imaging solution deployed today, as well as for guiding the company through a successful public offering. The company was acquired by the Swiss headquartered DICOM Group in 2000.

"Streaming21 is a company with incredible potential," said David Silver. "The management team has rapidly and successfully built an industry-leading company with revolutionary technology and products, solid partnerships, and a talented employee base. I am proud to be leading this team to further build Streaming21's position as one of the key players in this market. This is a terrific opportunity and challenge that I embrace with great enthusiasm."

Before co-founding Kofax, Mr. Silver was a member of the founding development team of FileNet Corporation, a leader in the workflow and document management market. Mr. Silver is currently on the board of Directors of DICOM Group plc., a London Stock Exchange company, and MicroVault Corporation, a private software company. In addition, he serves on advisory boards for the UC Irvine's School of Engineering and Department of Information and Computer Science

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