| Wyndstorm Closes Seed Round Funding |
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Wyndstorm Closes Seed Round Funding for Total of $1.5 M in First Round Angel Funding
Internet Media Company Offering Turn-Key IP Services Closes $1.5M in Funding and $2M in Contracts Washington, DC (August 16, 2006)— Internet media company and VoIP provider, Wyndstorm, announced today that it has raised $1.5 million in seed funding and closed $2 million in contract commitments. This funding, which closes its seed funding round, includes private investors and visionaries from industries including information technology, telecommunications, data communications and media. “As many of us have known for some time, Wyndstorm's CEO, Marian Sabety, is an outstanding leader who is uncanny at seeing the big picture and driving immediate solutions to the critical issues that she finds in her way,” said Lawrence A. McLernon, McLernon, founder and CEO of LCI and Wyndstorm investor, an innovative long distance services provider, later sold to QWEST Communications Corp., now Wyndstorm's Chairman. “Marian's focus is on the convergence of VoIP with IP-based media using a platform that rapidly scales. I predict that this technology will transform the way work groups and communities will communicate, learn, and be entertained over the Internet. I strongly believe Wyndstorm is at the right place, at the right time, with the right team to leverage the convergence of internet telephony and internet marketing. Other active Wyndstorm investors include:
“Wyndstorm represents real forward thinking, as it leverages the exploding VoIP market drivers with high value online collaboration applications. I view this as a winning combination of technology, timing, and market interest, said Pat Gross. “We are honored by the confidence placed in our team by these communications technology industry luminaries,” states Marian Sabety, CEO, Wyndstorm. “Our technology platform is second to none for creating scalable, turn-key VoIP services delivery platforms. Our clients can turn up and sell their own branded end-to-end VoIP services in as little as 10 working days.” About Wyndstorm About Wyndstorm, LLC
Wyndstorm, a Washington D.C. based company, provides carrier class 5-level IP network services, as well as retail VoIP services such as PC-to-PC, PC-to-Phone—and even traditional Phone-to-Phone, and Calling Card telephony services under private label programs. Utilizing a Session Initiated Protocol ( SIP) platform, Wyndstorm can provide customizable VoIP network services. Wyndstorm provides proprietary enterprise level solutions, as well as private label VoIP services that serve the consumer needs of VoIP providers. To experience using existing platform technology, please visit www.myfon.com . For more information about Wyndstorm, LLC, visit www.Wyndstorm.com
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