Press release

Gary Kolbeck Named CEO of Telerent Leasing Corp.

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Gary Kolbeck has been named by ITOCHU International Inc. as chief
executive officer for Telerent Leasing Corporation (TLC), the parent
company of TeleHealth Services, Avidex and its subsidiary Digital
Networks Group.

All three companies provide design, engineering, integration,
implementation and operational services for an extensive range of
audiovisual, interactive and network systems. TLC is a subsidiary of
ITOCHU Corporation, a $52 billion Fortune Global 500 company based in

“We are well positioned for continued diversified growth as a leading
provider of audio and video solutions in healthcare, corporate,
education and public sector markets,” said Kolbeck, who has served as
TLC’s chief operating officer and vice president of business development
at TeleHealth Services. “We are committed to providing audiovisual
solutions and services that enhance communication and improve the way
people work, learn and live.”

TLC has more than 60 years of technology integration expertise starting
in the lodging and healthcare sectors with a track record of strong
financial performance and innovation.

TeleHealth Services was launched in 1994 and has more than 2,500
healthcare clients. TeleHealth was the first company to develop digital
technology for patient engagement and education and is a pioneer in
creating a better healthcare experience for patients, visitors and staff.

TLC acquired Avidex in 2012 and DNG in 2016 to expand its audiovisual
systems business beyond healthcare into corporate, education and public
sector markets. Avidex is one of the top 10 AV technology systems
integrators in the nation. Cisco’s Executive Briefing Center and Adobe’s
Customer Experience and Network Operations Centers are among the many
showcase projects that also include Airbus, Citrix, Sprint, and AVI
Biopharma. Avidex subsidiary, DNG, is a leading AV and technology
systems integrator specializing in assisting schools and teachers
leverage technology to enhance learning in K-12 and higher education
markets in Southern California.

Last year, Kolbeck and the executive team successfully recruited Jeff
Davis to become the divisional CEO of Avidex and DNG. Davis was formerly
the chief operations officer at AVI-SPL, the nation’s largest AV
integrator. Jeff will report directly to Kolbeck as the parent company

Kolbeck joined TLC following more than two decades of experience in
technology-driven patient and consumer engagement. Prior to joining TLC,
Kolbeck spent more than 25 years in engineering design, product
management and business development with LodgeNet Interactive Corp.
which is now SONIFI. His leadership included starting the successful
healthcare division. He also served as a consultant for health systems
and growth businesses to assist in the formation of technology migration
roadmaps, strategic growth and new vertical market considerations.

About TLC

TeleHealth Services, Avidex and Digital Networks Group are divisions of
Telerent Leasing Corporation, a national technology solutions integrator
founded in 1957 and headquartered in Raleigh, N.C. TLC creates
unparalleled customer experiences through collaborative communication
solutions serving the healthcare market through TeleHealth Services; the
corporate market through Avidex Industries; and the public and education
markets through Digital Networks Group. TLC is a wholly-owned subsidiary
of ITOCHU International Inc.

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