Kasenna Continues Sales Momentum with Addition of Keith Beckwith as VP of Worldwide Sales

Experienced sales executive appointed to manage and accelerate company's rapid sales growth.

MOUNTAIN VIEW, Calif.-Jan. 14, 2004 -

Kasenna Inc., the leading provider of on-demand video solutions, announced today that the company has appointed Keith Beckwith as vice president of worldwide sales. Beckwith will focus on managing the company's sales force and channels while continuing to increase the dramatic sales growth the company is experiencing.

"We were impressed with Keith's in-depth industry knowledge and his outstanding sales track record," said Mark Gray, Chairman and CEO of Kasenna. "His broad industry experience with service providers, telcos and video-on-demand will be an asset to the company as we continue to expand into new video services markets."

Before joining Kasenna, Beckwith was vice president of sales for Movidis, Inc's video on demand solution. Previously, he was vice president of worldwide sales for Polycom's Network Access Products Division where he was responsible for the voice over DSL line of business. Prior to joining Polycom, Beckwith was responsible for deployments to telephone and cable service providers worldwide at PulsePoint Communications. At Intel Corporation, he was responsible for OEM relationships and driving multimillion-dollar revenue deals.

About CIR Ventures

CIR Ventures is an early-stage technology venture capital fund sponsored by CIR Group (Milan:CIRX), the industrial holding company of the De Benedetti Group and one of Italy's largest conglomerates. CIR Ventures invests in enterprise and communication software and services companies located primarily in California and Italy. CIR Ventures adds value by leveraging contacts and synergies of CIR Group. For more information, please visit CIR Ventures at www.cirventures.com.

About Kasenna Inc.

Kasenna, Inc. delivers on-demand video delivery solutions that enable network operators, content providers and enterprises to build commercial-grade networks and applications for delivering entertainment-quality video. Built on technology spun out of SGI, thousands of telecom, cable, hospitality, enterprise, education and government deployments worldwide use the company's on-demand video delivery solutions. Kasenna's patented technology is available on the IRIX, Solaris, and Linux operating systems. Kasenna, [pronounced kah-SEN-ah], is headquartered in Mountain View, California. Together with Apple, Cisco, IBM, Philips and Sun, Kasenna is a founding member of the Internet Streaming Media Alliance. For more information, go to www.kasenna.com.

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