Zelesko to Lead Worldwide Engineering Team

NEW YORK - January 16, 2008 - Joost™, the world’s first broadcast-quality Internet television service, today announced that Matt Zelesko, has joined the company as senior vice president of engineering, responsible for all engineering operations. Zelesko will be based in New York, where he will build a second engineering hub for the company, in addition to managing the worldwide engineering team. Zelesko will also join the company’s management team.

“Matt brings an unparalleled combination of technological vision, management expertise and strategic thinking that is critical as Joost embarks on our next phase of growth,” said Mike Volpi, chief executive officer of Joost. “I’ve known Matt for many years, having worked together at Cisco, and I’m confident that he is the ideal person to lead Joost’s engineering organization.”

Having worked for technology companies in different phases, from early-stage start-ups to large, established corporations, Zelesko has extensive engineering and management experience. Prior to joining Joost, he was vice president of engineering for Comcast Interactive Media, where he was responsible for creating a platform for online video and a set of online properties including Fancast.

Zelesko worked in similar capacities for Voyence, Inc., network compliance, control and configuration management provider acquired by EMC; Ipsum Networks, a leading provider of Route Analysis and IP-layer network management solutions; and Cisco, where he was director of engineering for the Gigabit Technology Group. Zelesko has a B.S. from Cornell University and an M.S. from Stanford University.