Digital Signage Software Provider BroadSign International Names Patrick (Rick) J. Engels President, Moves Headquarters to Minnesota


MINNETONKA, Minn., May 17, 2007 -- Broadsign International, a worldwide provider of digital signage software, announced today that Patrick (Rick) J. Engels will join their organization as President and Chief Operating Officer. He comes to Broadsign from Petters Group Worldwide, where he served as their CFO and Media/Marketing portfolio manager.

Petters Group is the largest shareholder of BroadSign International.

Engels is assuming leadership of Broadsign at a time when adoption of digital signage as a medium and demand for digital signage software are accelerating globally. He will operate from the new BroadSign corporate headquarters in Minnetonka, MN, located at the main administrative offices of Petters Group Worldwide.

"Rick will oversee and lead our day-to-day operations, as BroadSign continues to expand its market share within the digital signage industry," said Cord Christenson, CEO of BroadSign, "This will allow me to concentrate more on building stronger strategic partnerships," he added.

"Over the last decade, Rick has held senior executive positions in a number of organizations which were experiencing rapid growth, where he focused on achieving operational excellence," said Tom Petters, CEO and Chairman of Petters Group Worldwide. "Rick's mix of strategic vision, passion and discipline, combined with his intimate understanding of growth in emerging technology companies, make him the right person to take BroadSign forward at this stage in the company's life cycle," he added.

"I am truly fortunate to be joining the strong team already in place at Broadsign," said Engels. "The company is on a sharp growth trajectory being fueled by the reality of the need to create and operate large digital signage networks. I am eager to start work to capture the market opportunity and be part of a fundamental shift happening in the new media industry."

About BroadSign International Inc.:

BroadSign International Inc. is the worldwide provider of the most advanced ASP solution for managing digital signage networks. The BroadSign(TM) Suite resolves the challenges facing operators of digital signage networks: the need for full campaign execution functionality, accountability and scalability. The software enables media specialists to target, sell or purchase network airtime and account for campaign performance. BroadSign International combines extensive expertise in digital signage software, media, advertising, and information technology. The BroadSign(TM) Suite is used by digital signage networks in 25 countries around the world. The company's corporate office is located in Minnetonka, Minnesota.

For more information
Visit www.broadsign.com
Or contact
Nurlan Urazbaev
Director of Marketing
BroadSign International Inc.
Tel: +1 (514) 399-1184 ext.120
Email: welcome@broadsign.com

About Petters Group Worldwide:

Petters Group Worldwide(TM) is a recognized high-performance leader in creating, developing, financing and investing in companies that manufacture, procure and market merchandising solutions for key growth markets. Petters' core portfolio includes a growing list of retail and wholesale companies operating in the United States, Brazil, China, Japan, Korea, Mexico, and Spain. For additional information about Petters Group Worldwide, please visit pettersgroup.com.

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