SOURCE: Network Foundation Technologies, LLC
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December 12, 2008 11:06 ET
President of Network Foundation Technologies Leaves California Film Commission
RUSTON, LA--(Marketwire - December 12, 2008) - Louisiana native Marcus Morton recently left the
California Film Commission to focus more attention on his thriving Internet
company, Network Foundation Technologies (NFT), based in Ruston, Louisiana.
For Morton, a successful movie producer and Internet entrepreneur, it was a
bittersweet moment. Morton was originally appointed to the California Film
Commission in 2001 by Governor Gray Davis, and then receiving a second
appointment, Morton served the last five years under current Governor
Arnold Schwarzenegger.
Morton said, "I had been considering leaving the commission since the
beginning of this year because of my growing company. I am very proud of
my part in the California Film Commission's success over the last seven
years and honored that I was appointed and then reappointed, and also that
I was able to serve under both Democratic and Republican governors.
However, my company, Network Foundation Technologies, has grown so much
this last year that I really have very little time to spend anywhere else."
"Marcus was a valuable sounding board and collaborator on the many efforts
to push for incentive legislation in Sacramento. I will dearly miss his
presence on our board for his commitment, keen insights and passion for the
issues," said Amy Lemisch, Director of the California Film Commission.
In a personal letter to Morton, California Governor Arnold Schwarzenegger
thanked Morton for "sharing his talent and knowledge," and said to Morton,
"Your service to the state of California has been a terrific contribution
and will improve Californians' lives now and for generations to come."
Morton, a graduate of Captain Shreve High School in Shreveport and
Louisiana Tech University in Ruston, is the President and co-founder of
Network Foundation Technologies, also known as NFT (pronounced "NiFTy"). He
is now focusing his energy and expertise toward leading NFT to greater
heights during this time when the technology firm is experiencing more
growth and driving many technological advances. Morton explained, "After
all, in this present economy everyone is looking to the bottom line more
than ever, so NFT is really doing great, because of the substantial cost
savings that NFT's live streaming technology provides our clients over
traditional streaming options."
Morton was Vice President of EMI Records before becoming a successful film
producer with an impressive resume in film. In 2004, Morton produced the
then #1 film "You Got Served." In parallel to his entertainment career,
Morton successfully sold his first Internet start up to EarthLink in 2001.
About Network Foundation Technologies, LLC
Network Foundation Technologies, LLC (NFT: pronounced 'NiFTy') is a name
that is quickly becoming synonymous with the online broadcasting of large,
live events to worldwide audiences. NFT's patented technology overcomes the
scalability and cost bottlenecks associated with online broadcasting,
enabling the company to bring large-scale, advertiser-supported,
television-style broadcasting to the Internet for the very first time.
Please visit NiFTyTV.com for more information.