Raystream Inc. (OTC:RAYS) is up 4% today as it continues to trend higher. Yesterday, Raystream announced the addition of four new business development managers. In the company’s press release , CEO Brian Petersen of Raystream said, “Demand for Raystream’s proprietary online HD video compression technology has been growing exponentially, and we are adding team members, working in offices throughout the United States and Germany, to meet that demand,” Petersen added “Businesses are clamoring to reduce the bandwidth cost of providing online HD video content, and to end the long load times, buffering, and stopping of videos, which is so irritating for viewers. With the recent launch of our B2B HD video compression platform, and with our newly expanded sales team, Raystream is poised to forever alter the way the world experiences online HD video.”
The four new business managers joining Raystream are Joel Breen, Chad Munce, Laszlo Spitzer and John Townsend. They will work closely with the VP of Sales and Strategic Implementation, Michael Seay.
“We are delighted to welcome Joel, Chad, Laszlo, and John to our quickly expanding sales team,” says Petersen. “These seasoned professionals will enable us to meet the rapidly growing demand for Raystream technology in North America and abroad. Our fortified sales force now covers the entire United States as well as several international markets.”
RAYS is also being heavily promoted by the same promoters that pumped LEXG earlier this year.
Shares of Raystream Inc. (OTC:RAYS) are up 4% at $1.88 with over 1.2 million shares traded so far today.
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