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VitalStream Names New CEO. 2005-05-31, HostMan.biz Streaming media and content delivery provider VitalStream (vitalstream.com) announced on Tuesday that its board of directors has appointed Jack Waterman as the company's chief executive officer. He will assume this new position on June 1, 2005 and will become a director of the company. In the new role, Waterman will oversee VitalStream's overall strategic direction and management, focusing on furthering its growth in the media, entertainment and advertising space, expanding the company into international markets, executing strategic transactions and increasing the company's Wall Street presence. "The VitalStream executive team shares my vision that Internet and IP-based video will continue to grow rapidly as a mainstream medium," says Waterman. "I look forward to taking on the role of CEO at a company that is well positioned to take advantage of the opportunities in this most recent emerging market." Waterman joins VitalStream from Paramount Pictures Corporation where he served 22 years in senior executive positions. Most recently, he served for more than a decade at Paramount as president of Worldwide Pay TV, where he oversaw international channels, pay per view, video on demand and airline and hotel sales.

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