Telanetix Continues Integration

BELLEVUE, Wash. -- Telanetix, Inc. (OTC BB: TNXI), a leading IP solutions provider offering telepresence and VoIP services to the SMB and SME markets, is integrating its video and voice and network divisions into the Bellevue, WA headquarters. The move is expected to create operational efficiencies through the rest of 2008. Concurrently, the company promoted Doug Johnson, 48, to Chief Executive Officer. Founder Tom Szabo, 47, will continue as Chairman of the Board. Paul Quinn, 48, has been hired as Chief Financial Officer.

"We are transitioning Telanetix from a development stage to a scalable operating company, and to that end, we have assembled a highly qualified and experienced management team to drive our business forward," said Szabo.

"Using a model we have created over time to successfully grow a number of companies, we acquired the voice and network division with the intent to install the best managers to lead the combined business. Since September 2007, Doug has led the voice and network division and demonstrated the talent and expertise to effectively grow our organization. He has proven to be the right choice to drive our next phase of revenue and gross profit growth while improving productivity throughout the operation to enhance profitability."

Telanetix Inc.