Pexip Poised for Continued Growth; Strengthens Global Sales Leadership Team

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Rapidly Growing Company Reaches Milestone of More Than 18,700 Paid License Subscriptions in Just Nine Months

OSLO, Norway — June 30, 2014 — Pexip®, a global disrupter in scalable, distributed videoconferencing technology, today announced that the company has strengthened its global sales leadership team to accommodate and fuel the rapid growth it has experienced since its inception two years ago.

Since 2012, Pexip has grown from a small start-up team to close to 70 employees located in thirteen countries on five continents. In the past nine months alone, Pexip has added more than 18,700 paid license subscriptions on its Pexip Infinity scalable meeting platform in 35 countries; thus, disrupting the industry with a simple, affordable and virtualized videoconferencing solution for any user and across all verticals.

To strengthen Pexip’s presence in the United States, Åsmund Fodstad — the company’s Global Executive Vice President of Sales and Marketing — has relocated to New York City to lead the organization’s U.S. sales team, in addition to continuing to manage his global sales responsibilities. Bolstering its foothold in Europe, Thomas Caspersen Nielsen — Pexip’s Vice President of Sales for Northern Europe — has assumed responsibilities for sales operations in the UK and Ireland. In addition, the company has appointed Alex Lee — who previously served as Managing Director for Cisco Collaboration Greater China — to head Pexip’s Greater China operations.

“The strong growth of Pexip is something we couldn’t have imagined when we started out two years ago, and the strengthening of our sales team is a key move in ensuring that we are prepared to build on our momentum,” said Simen Teigre, CEO of Pexip. “As our user base continues to grow, Åsmund, Thomas, and Alex will play significant roles in helping us achieve our growth and sales objectives in the U.S., Europe, and Asia-Pacific.”

With the repositioning and new additions to its global sales force, Pexip announces that Adam Marlin, United States, and James Shore, UK and Ireland, have decided to leave the company. Both were instrumental in building Pexip into a global business over the past 19 months, and will remain shareholders of the company.

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About Pexip®
Pexip® overthrows conventional thinking by providing an affordable, scalable, and virtualized meeting platform that truly allows anyone to do high-quality video meetings from any device. For Pexip, simplicity for the end user and IT is a guiding principle in the design of Pexip Infinity, the scalable meeting platform. Founded in 2012, Pexip was created by leading innovators from the videoconferencing industry. Pexip is headquartered in Oslo, Norway, and has global offices in New York and London. For more information, visit www.pexip.com.

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All trademarks and registered trademarks mentioned herein are the property of their respective owners.

Media Contacts:
Anders Løkke
Pexip
Tel: +47 480 81 614
Email: anders.lokke@pexip.com

Veronica Esbona
InGear
Tel: +1 954 392 6990
Email: veronica@ingearpr.com

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