PanTerra Networks Appoints Vice President of Worldwide Sales for Explosive Growth

David Eads Joins Award-Winning Unified Communications Software-as-a-Service Company to Lead Worldwide Sales Efforts


SUNNYVALE, CA--(Marketwire - November 19, 2008) - PanTerra Networks (www.panterranetworks.com), a leading provider of on-demand unified communications services for small and mid-sized businesses, today announced the appointment of David Eads as Vice President of Sales. Eads will report directly to the CEO, Arthur Chang. With more than a decade of experience in sales leadership roles, Eads is ideally suited to lead PanTerra Networks' worldwide sales efforts, as well as directly contribute to the company's overall growth in the unified communications market.

Eads came to PanTerra Networks from Fonality Inc. As VP of Sales for Fonality, he recruited and managed a national sales team since day one when the company was founded. Under his leadership Fonality's customer base grew to over 5,000 businesses and over 125,000 end users. Eads also built Fonality's PBXtra channel program and grew it to several thousand channel partners worldwide in twenty-two countries. Before joining Fonality, Eads was Director of Sales at Wayport Inc. (acquired by AT&T), where he grew revenue by 380% in one and a half years and signed numerous fortune 500 strategic partnerships such as Intel, Sony, Microsoft, SBC and ATT Wireless. Prior to that, Eads held senior level sales leadership positions at Fourthstage Technologies and Net-Tel Corporation.

"We are very excited to welcome David to the PanTerra team," said Arthur Chang, PanTerra's CEO. "In our search for a sales leader, we were looking for someone with deep solution-based selling experience, a strong team player with proven track record and startup working ethic. We are confident that David's success in building a startup business from ground zero, combined with his experience in motivating and directing sales teams, will be instrumental in expanding PanTerra's domestic and worldwide reach."

"I am thrilled to be part of the company that delivers the only seamlessly integrated unified communications on-demand platform in the industry," said David Eads. "Throughout my career, I have helped startups to rapidly grow emerging technologies and services. I look forward to driving the strong sales momentum at PanTerra. With a slow economy, in particular the short of capital access that SMBs are facing, our transformational software-as-a-service model is poised for record growth."

About PanTerra Networks

PanTerra Networks is a leading provider of on-demand unified communications Software-as-a-Service (SaaS) solutions for small and medium sized businesses. The Company's WorkSuites provide a complete set of communication, collaboration, call center and messaging services including unlimited voice, web meeting and conference, secure instant messaging, multimedia conferencing, remote desktop sharing and ACD/call center services delivered in a single easy to provision and easy to use and administer interface. WorkSuites have the ability to tightly integrate with other business applications like Salesforce automation, which makes it an ideal productivity tool. PanTerra's WorkSuite on-demand services keep capital investment low and align operating expense to business value. WorkSuites are co-branded and re-sold exclusively through service providers, distributors and resellers. The Company is headquartered in Sunnyvale, California. For more information, visit http://www.panterranetworks.com or call +1 408.702.2200.

Contact Information: Contact: Ming Shao Director of Marketing PanTerra Networks, Inc. +1 408.702.2233 http://www.panterranetworks.com