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FastSoft Hires Key Sales, Finance Staff

This Site:en.yinlu.net Source:en.yinlu.net Writer: Time:2007-09-02
MONROVIA, Calif.--(BUSINESS WIRE)--FastSoft Inc. (fastsoft.com), a Southern California-based companythat develops products that accelerate the transfer of data over theInternet, today announced that Mike Beard has joined as director ofsales and Pamela Hunt has joined as financial comptroller. Both ofthese hires were made as part of FastSoft's expansion following theclosing of its Series A round of funding, which was led by MiramarVenture Partners (). Companies that depend on thetransfer of large files - like video and design files - lose valuabletime and productivity waiting for data to download. FastSoft's Ariaproduct line decreases the file transfer wait time for clients,employees, partners and suppliers with a single-box tool that does notrequire any hardware or software on the receiving end.

Beard was previously district sales director at Netli (acquired byAkamai), where he was named "Most Valuable Player" in 2005 and TopPerformer in the first quarter of 2007. He has also held sales andsales management positions at Interwoven, SAP, InterWorld and HP.Beard holds a B.A. in Business Administration from the University ofRichmond. Hunt has more than 17 years experience in job cost analysis,variance analysis, cash management and financial statementpreparation. She holds an Associate's Degree from Citrus College andwas an Accounting Major at Cal Poly Pomona.

Steven Low, CEO of FastSoft, says, "Our award-winning technologyhas proven itself in the real world, and our mission is to build astrong company that will help us increase sales and grow our business.Earlier this year we received our Series A funding so that we couldexpand our infrastructure and increase our sales and marketingpresence. Having Mike and Pam join our team is an important step asFastSoft moves to the next stage in our evolution."

About FastSoft

FastSoft, Inc. () is a private company located inMonrovia, CA, 15 miles northeast of downtown Los Angeles. Thecompany's founders, Dr. Steven Low and Dr. Cheng Jin, are well-knownleaders in advanced networking research. Dr. Low and his Caltechresearch team developed some of the earliest mathematical theories forthe understanding and control of large-scale networks. This researchhas lead to the invention of a new approach to moving large packets ofinformation across the Internet called FastTCP(TM). For the past fouryears FastTCP was used to break the world record for the fastestsustained data transfer rates at the Supercomputing Network BandwidthChallenge. In 2005's competition it reached a sustained throughputlevel of 101 gigabits per second. This phenomenal rate is theequivalent to transmitting the entire contents of the Library ofCongress in 15 minutes.

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