SOURCE: ReelTime Rentals, Inc.

December 04, 2007 06:30 ET

ReelTime Appoints New Members to Board of Directors

SEATTLE, WA--(Marketwire - December 4, 2007) - (PINKSHEETS: RLTR), the video-on-demand broadband network, announced today the addition of two new members to its Board of Directors, Mark Cramer and Joseph DeLaura. Mr. Cramer and Mr. DeLaura were elected to the Board at a Special Meeting of the Board of Directors held Thursday, November 29th, 2007, and are both long-standing ReelTime investors.

"In my years of experience raising capital, stands out as one of the best business opportunities I've come across. I'm looking forward to working with the vision and leadership of the executive management team to help ReelTime realize its potential as a prominent online entertainment network," said Joseph DeLaura. Mr. DeLaura's acumen in financing and management will provide input essential for ReelTime's success. His involvement with venture capital groups spans a variety of industries, including media publishing and entertainment, online travel, hospitality, manufacturing, distribution, direct marketing and telecommunications. Mr. DeLaura's notable accomplishments as a top-performing financial consultant at Morgan Stanley and Citigroup Global Markets, coupled with his invaluable understanding of the shareholder's perspective will also be important contributions to ReelTime's Board of Directors.

"ReelTime has unlimited potential extending beyond the world of entertainment. I'm eager to lend my multinational business and technology expertise to during this crucial point in the Company's development," said Mark Cramer. Mr. Cramer is an accomplished technology entrepreneur with over 20 years of experience successfully leveraging hands-on technical knowledge and business development expertise into prosperous business ventures. He founded The Human Interface, Inc. in 1985, organized to appropriate the growing pool of international technical resources in response to demand for experienced IT professionals in the U.S. Later, Mr. Cramer joined forces with Kanbay International, Inc. as its 2nd employee and EVP. His technical expertise and management contributions helped grow the company until 2007, when it was acquired by the Capgemini Group for a reported $1.25 billion. Mr. Cramer's proven business vision and industry-specific experience will help drive ReelTime's growth.

About's mission is to deliver diverse programming, for rental or by subscription, over its online broadband network, enabling viewers to watch whatever they choose, anytime and anywhere they want to see it -- all they need is a broadband connection. ReelTime offers the first DVD quality "Point, Click, and Watch" user experience available on the Internet. ReelTime is providing the public the next generation of online viewing technology, designed with the built-in capacity for unlimited growth.

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