The Switch Appoints Eric Cooney as President, CEO

Media Tech Industry Veteran to Accelerate Growth Through Innovation

NEW YORK — April 2, 2019 — The
Switch®, a global leader of managed, private cloud services that
enhance live video productions anywhere in the world, has appointed media
technology industry veteran Eric Cooney as President and Chief Executive
Officer, effective immediately.  As CEO, Cooney
will be focused on accelerated growth through product innovation, both
organically and with targeted mergers and acquisitions.

“Eric is an experienced CEO with deep industry knowledge and a track
record for driving strategy and resource allocation to maximize value
creation,” said Adam Clammer, The Switch’s Chairman and founding partner of
True Wind Capital. “I am confident that The Switch is well-positioned for our
next stage of accelerated growth and market expansion under Eric’s leadership.”

Cooney brings more than 25 years of leadership experience in the
technology, media and telecommunications (TMT) sector, most recently serving as
an operating executive at True Wind Capital and a board director for The
Switch. During his tenure as CEO, his three previous companies, Tandberg
Television (OSE: TAT), Internap (NASDAQ: INAP) and Snell Advanced Media,
created over $2 billion in incremental enterprise value with a focus on sales
execution, product innovation and exceptional customer service. 

“I see tremendous opportunity to build on The Switch’s platform and
extend the scale and scope of our media services,” said Cooney. “I’m honored
and excited to join the team and lead the organization, particularly during a
period with such significant change across the entire media-tech
landscape.” 

Cooney succeeds Keith Buckley who is joining True Wind Capital, The
Switch’s majority investor, as an operating executive and will also be providing
on-going advisory services to The Switch. Under Buckley’s leadership the company
rebranded and revamped its service delivery model, developed new products,
expanded its international operations and provided operational stability for
its customers, staff and partners. Buckley also created a platform for organic
growth and acquired assets from KCET to build out The Switch’s remote
production capabilities.

“Keith has driven significant positive change at The Switch and
positioned the company to take advantage of several growing markets,
particularly eSports, remote production and international,” said Clammer. “On behalf
of the Board, we would like to thank Keith for his tireless dedication and
commitment to The Switch as our CEO.” 

About The SwitchThe Switch provides a managed, private cloud service that enhances live
video production anywhere in the world. The company offers a scalable broadcast
production and transmission platform that puts control exactly where the
customer needs it: in their facilities, at The Switch or both. The Switch
connects over 800 of the world’s largest content producers and distributors to
each other and to professional sports and event venues and provides a unique
meet-me point for seamlessly connecting media outlets, streaming platforms and Web
services.