Irvine, California – (The Hosting News) – June 16, 2006 – Integrated web hosting and audio and video streaming provider,VitalStream Holdings, Inc., has been approved for its common stock listing on the NASDAQ Capital Market. VitalStream’s common stock will begin trading on the NASDAQ Capital Market on Wednesday, June 21, 2006, under the new ticker symbol ”VSTH.” Until that date, VitalStream’s common stock will continue to trade on the OTC Bulletin Board under the symbol ”VSHI.”
Jack Waterman, Chairman and Chief Executive Officer of VitalStream commented, ”The approval of our stock for listing on NASDAQ is a significant strategic milestone in VitalStream’s progress and development as a publicly traded company.”
Philip N. Kaplan, President and Chief Operating Officer of VitalStream added, ”Advancing to a listing on NASDAQ mirrors the growth we have experienced from a customer, product and revenue standpoint. VitalStream’s mission is to help content owners distribute and monetize their digital media assets online and transitioning the trading of our stock to a world-class market complements the growth we are seeing in our business and our sector.”
VitalStream, Inc., a wholly owned subsidiary of VitalStream Holdings, Inc., is a global provider of integrated content delivery services that endeavors to enable businesses to broadcast digital media and communications to worldwide audiences via the Internet. The company provides complete solutions, including video and audio streaming, advertising placement, delivery, reporting and analysis, live event broadcasting, media asset management, integrated web hosting and consulting services, designed to seamlessly integrate with leading streaming media technologies. VitalStream engineered its content delivery network certified for quality delivery in the United States, Europe and Asia.
To learn more, please visit: www.vitalstream.com.