PanTerra Networks Inc. Adds Seasoned Communications Leader to Management Team

Dave Immethun Brings Over 15 Years of Marketing and Sales Experience as New Sr. Director of Marketing


SUNNYVALE, CA--(Marketwire - July 13, 2009) - PanTerra Networks (www.panterranetworks.com), a leading provider of cloud-based Unified Communications SaaS Solutions for small and mid-sized enterprises, announced today the addition of David Immethun as the Senior Director of Marketing reporting directly to the CEO, Arthur Chang.

In his role, Immethun will be overseeing all Marketing, Product Management, and Public Relations activities. Dave will work closely with the executive team to define and execute all strategic marketing initiatives to contribute to the company's rapidly expanding revenue and subscriber base.

Prior to joining PanTerra Networks, Immethun was the Sr. Director of Sales and Director of Product marketing at 8x8 Inc., a business Voice over IP service (VoIP) provider. Mr. Immethun was responsible for all sales of Packet8 branded Virtual Office Hosted PBX, Mixed Media Hosted Call Center, SIP trunk, and residential VoIP services. Dave grew revenue over 400% in two years, while delivering the first of six consecutive cash flow positive quarters in the company's 20+ year history. In marketing at 8x8 Inc., Dave defined and launched all Packet8 VoIP services including residential, video and Virtual Office hosted VoIP PBX offerings from inception. Prior to 8x8, Dave was Director of Product Management at AltiGen Communications, an IP-PBX equipment provider, where he launched call center and IP phone offerings increasing revenue per sale by 20%. Before AltiGen, Dave was the Senior Product Manager at Entera, an Internet stream caching equipment and service provider where he was responsible for product definition and strategic markets. CacheFlow, now Blue Coat Systems acquired Entera Inc., for $440m. Dave started his career at Nortel Networks where he held positions of increased responsibility over 15+ years including manufacturing supervisor, materials planning, call center manager, NPI and product management.

"Dave brings a wealth of industry experience in unified communications product management, marketing and sales. In addition, his strong NPI background makes him a great addition to our growing company," said Mr. Chang. "Dave has been educating the market on the benefits of cloud-based services for over 5 years making him a great spokesperson for PanTerra Networks' Unified Communications SaaS Suite."

"I am excited to join PanTerra at a time when SaaS and Unified Communications are no longer early adopter concepts. WorldSmart is uniquely designed to deliver seamless multi-media unified communications in a variety of business environments positioning PanTerra for rapid growth," said Mr. Immethun.

About PanTerra Networks

PanTerra Networks is a leading provider of cloud-based unified communications Software-as-a-Service (SaaS) solutions for small and medium sized enterprises. The Company's WorldSmart Suites provides unified communication for voice, fax, chat, and email with presence, for a variety of business applications including call centers, multisite, remote employees, high touch operations, and fast growing companies. WorldSmart also includes web collaboration for online meetings, desktop sharing and remote desktop access with a single administration and user interface. WorldSmart Suites tightly integrates with other business SaaS applications like Salesforce creating additional value. PanTerra's cloud-based services ensure future proof communications with infinite scaling, lifetime support, and included updates for subscribers. WorldSmart is co-branded and re-sold exclusively through service providers, distributors and resellers. The Company is headquartered in Sunnyvale, California. For more information, visit http://www.panterranetworks.com or call +1 408.702.2200.

Contact Information: Contact: Dave Immethun Sr. Director of Marketing PanTerra Networks, Inc., +1 408.457.8941 http://www.panterranetworks.com