SOURCE: ubroadcast, inc.

May 18, 2010 07:25 ET

ubroadcast, inc. Announces New Additions to Executive Team

SAN DIEGO, CA--(Marketwire - May 18, 2010) - ubroadcast, inc.(OTCBB: UBCI), a leader in Internet Broadcasting, today announced the following senior management team appointments following the recently announced merger with Santeon, Inc. (www.santeon.com):

  • Dr. Ash Rofail has been appointed Chairman and Chief Executive Officer

  • Mr. Douglas Hay has been appointed President and Chief Operations Officer

  • Dr. Ahmed Sidky has been appointed Vice President of Product and Service Delivery

Dr. Ash Rofail has a broad executive background leading technology, strategy and overall management for corporations. He served as Chief Technology Officer for User Technology Associates, a $100M software consultancy with over 1000 employees. He was responsible for setting technology strategy and technical leadership. He has provided strategic technical vision for several successful and innovative products as Chief Architect for Best Software (acquired by Sage), Product Architect for Solomon/Great Plains (acquired by Microsoft), and State of the Art Software (acquired by Sage). He is a thought leader in enterprise software as a member of Microsoft's Visual Basic advisory board since 1997; patent holder for artificial intelligence technology; author of 6 software engineering books on topics such as XML, .NET, COM/DCOM, building n-Tier Applications and Service Oriented Architectures; and Adjunct Professor at the Johns Hopkins University School of Business. Dr. Rofail holds a PhD Artificial Intelligence and MS Computer Science.

Mr. Douglas Hay has more than 30 years of experience in building brands and guiding established and early phase companies like ubroadcast. Mr. Hay's business career includes the following accomplishments:

  • Shopping.com Co-Founder/COO (acquired by Compaq Computer Corporation in an all cash transaction of $280 million);
  • Lucky Stores/Northern Automotive, Vice President Marketing/Director (a $900 million revenue retail company operating 875 retail stores);
  • 2HQ.com/Web Order, Founder/CEO (a privately held, Phoenix, AZ-based computer software/electronic retailing company);
  • NRG Resources Inc, President/COO (a California-based Green/Alternative Energy Company);
  • ABV Group, COO and active Principal (a California-based consortium focused on the acquisition and/or funding, start-up design and operation of over twenty privately and publicly traded retail and manufacturing companies in the U.S. and Canada).

Currently, Mr. Hay provides consulting services for many leading retail and consumer companies in the areas of corporate structure, finance, merchandising, operations and marketing. He is also on the board of directors of Phoenix Technology Centers, Performers Supply Inc. and IDT Media Group.

Along with many years of experience in software development, Dr. Ahmed Sidky has a Ph.D. in value-based process frameworks for effective Agile software (a software development methodology process) development adoption. His work has gained popularity and respect in the Agile software development community as a pragmatic approach for organizations of all sizes attempting to adopt agile. He is frequently referred to as Dr. Agile, on account of developing a free online agile readiness assessment tool named Doctor Agile (www.doctoragile.com). He is also a frequent speaker at numerous national and international agile conferences as well as the co-author of a new book on practical agile adoption titled "Becoming Agile." He enjoys the reaction on people's faces when they learn the values and principles of how to create High-performing, Lean & Agile teams and organizations. Ahmed has educated people starting from CEOs to Jr. Developers in companies around the world such as: Microsoft, Yahoo, IBM, Siemens, Raytheon, Booz Allen Hamilton, Vodafone and Raya.

Dr. Ash Rofail commented, "We are excited for the many opportunities that the Santeon and ubroadcast merger represents. The combined company will be better positioned to compete effectively in several strategic markets powered by a strong and experienced executive team. We look forward to sharing the benefits of the exciting new growth opportunities with all of our customers and shareholders."

John Castiglione, ubroadcast co-founder, commented, "We welcome the addition of Ash, Doug and Ahmed as we move forward on an exciting new time in the Company's history. They have the kind of experience, background, industry contacts and successful track record to lead the Company towards what we feel is a very bright future. It is an honor to be working with individuals of this caliber, and to say that they are valuable to the future success of the Company is an understatement."

More details of the business strategy and the consolidation of ubroadcast, Inc. and Santeon, inc. will be released by the new senior management team soon.

About ubroadcast, inc.

UBCI's ubroadcast.com allows users to produce and broadcast LIVE and On Demand television and radio in high quality. By blending this user-generated content and UBCI's own original programming in a single application, UBCI bridges the gap between Internet video and traditional network radio and television.

Rolling Stone magazine, About.com, TechCrunch.com, and ABC News have all given ubroadcast media attention, and The San Diego Business Journal headline stated that the market for ubroadcast programs could be "Larger than MySpace and YouTube."

Please visit www.ubroadcast.com for more information, and follow us on Twitter: www.twitter.com/ubroadcast; Myspace: www.myspace.com/ubroadcast; and on Facebook.

About Santeon, Inc.

Santeon is a technology company that enables organizations to optimize performance and maximize revenues through its business process management (BPM) software products and services -- solving complex business process, compliance and integration challenges from both a system integration and a human process perspective. Santeon also offers rich media content management solutions and platforms as well as business process outsourcing (BPO) services as to medium and large enterprises. For more information please visit the Web site at http://www.santeon.com/.

Safe Harbor Statement

This press release contains statements that may constitute forward-looking statements, including the company's ability to complete a business acquisition. These statements are based on current expectations and assumptions and involve a number of uncertainties and risks that could cause actual results to differ materially from those currently expected. For additional information about UBCI's future business and financial results, refer to UBCI's Annual Report on Form 10-K for the year ended December 31, 2009. UBCI undertakes no obligation to update any forward-looking statements that may be made from time to time by or on behalf of the company, whether as a result of new information, future events or otherwise.

Contact Information