NEW YORK, May 20 /PRNewswire/ --

- CDN Adds Depth and Breadth to Executive Suite

Continuing its aggressive expansion, global provider of high performance content delivery services, Panther Express (http://www.pantherexpress.net), today named Steve Liddell chief executive officer. Liddell's appointment follows a number of important milestones for the two-year old CDN including the recent announcement of Dennis Morgan as CFO earlier this month, its 300th customer win in April and its acquisition of nearly US$16 million in venture funding in November, 2007.

"Steve's extensive background in telecommunications will be very valuable for Panther Express," said Kevin Ryan, Chairman and cofounder of Panther Express. "He has a well-established reputation as a strategic thinker and has successfully scaled a number of early stage businesses. His considerable experience building sizeable international businesses will help Panther advance to the next level of its development and galvanize its position as a formidable contender in content delivery."

"Founded by entrepreneurs with direct experience in this sector, Panther Express is rapidly growing," said Steve Liddell. "The company is well-funded and backed by two of the most reputable Venture Capital firms in the Software and IT industry. Panther has built its own, unique technology platform which makes it the first choice for companies who want a high performance, reliable CDN service. Fueled by the exploding demand for video, HD and other multimedia content delivered over the Internet, our goal is to establish Panther Express as an industry leader in this very exciting and high growth market."

Steve Liddell is highly skilled in all aspects of growing and operating international telecommunications businesses. He was most recently an independent consultant advising two of the leading private equity firms, Columbia Capital and MC Venture Partners on their recent acquisition of GTS -- an eastern European telecommunications operator. Prior to this, he was COO of Clearwire International, where he was responsible for the international operations of this early stage WiMAX operator.

From 1999-2005, Liddell worked at Level 3 Communications, first as President of Asia based in Hong Kong, and later as a Group Vice President in Broomfield, Colorado. There he established successful segmentation and positioning strategies in key growth areas and played an integral role in a number of major strategic customer wins.

Earlier in his career, Liddell served as President of MCI-WorldCom Asia-Pacific also based in Hong Kong. As the division's first employee, he secured a unique set of licenses and built an extensive infrastructure-based business covering 8 countries across the region. Prior to this he was responsible for the international voice and data business of MFS, based in Northern Virginia.

Liddell began his telecommunications career at British Telecom where from 1989 to 1994, both in London, England and Atlanta, Georgia, he held a number of business development and strategic roles, mainly focused on international M&A activities.

Liddell holds an MBA in Business Administration from Henley Management College, an M.Sc. in Semiconductor Electronics and a B.Sc. in Physics from Bristol University, in the United Kingdom.

About Panther Express

Panther Express Corp. is the industry's best value CDN solution -- a high-performance content delivery network (CDN) with an innovative low-cost infrastructure. Founded in 2005 by former DoubleClick CEO Kevin Ryan and DoubleClick Co-founder and former CTO Dwight Merriman, Panther Express ensures rapid, reliable and scalable performance to gaming, video, e-commerce, webhosting, news, blogs and Web 2.0 Internet sites worldwide. Panther Express is privately held and based in New York. Panther Express has over two years of experience in content delivery with over 300 customers using our solutions every day. www.pantherexpress.net

For more information contact Panther Express at 40 West 20th Street, New York, New York 10011

Contact: Judy Baliman, Panther Express jbaliman@pantherexpress.net +1-646-747-0941

Web site: http://www.pantherexpress.net

Judy Baliman of Panther Express, +1-646-747-0941, jbaliman@pantherexpress.net