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Avistar Communications Announces Technology Agreement with LifeSize Communications

August 4, 2008 | Chris Payatagool
avistar-logo.gifSAN MATEO, Calif., Aug 01, 2008 -- Avistar Communications Corporation, a video collaboration platform provider, today announced that it has entered into a technology agreement with LifeSize Communications, Inc., a global leader in high definition (HD) video communications. The agreement provides for Avistar to integrate its technology into LifeSize's HD room video conferencing systems, and to provide technology and intellectual property licensing to LifeSize and its distribution network.

Financial terms of the agreement were not disclosed.

About Avistar Communications Corporation


Avistar creates technology that provides the missing critical element in unified communications: bringing people in organizations face-to-face, through enhanced communications, for true collaboration anytime, anyplace. Its latest product, Avistar C3, draws on more than a decade of market experience to deliver a single-click desktop videoconferencing and collaboration experience that moves business communications into a new era. Available as a stand-alone solution, or integrated with existing unified communications software from other vendors, Avistar C3 provides users instant messaging-style ability to initiate video communications across and outside the enterprise. Bandwidth management enables thousands of users to access desktop videoconferencing, Voice over IP (VoIP) and streaming media, without requiring substantial new network investment or impairing network performance.

Avistar's desktop videoconferencing and collaboration installations are among the world's largest, including more than 18,000 seats sold in more than 40 countries. Clients report as much as a 20 percent reduction in travel expense and carbon emissions, increases in productivity, and immeasurably improved relationship building within their organizations, as well as with suppliers and customers. Avistar holds a portfolio of 80 patents for inventions in video and network technology and licenses IP to videoconferencing, rich-media services, public networking and related industries. Current licensees include Sony Corporation, Sony Computer Entertainment Inc. (SCEI), Polycom, Inc., Tandberg ASA, Radvision Ltd. and Emblaze-VCON.

For more information, visit www.avistar.com.

[via Market Watch