Telepresence - Press Release - Telepresence Options

FVC introduces Polycom's expanded Telepresence portfolio

July 15, 2008 | Chris Payatagool

FVC, a leading Value Added Distributor (VAD) in the Middle East & North Africa (MENA) region, has announced the availability of three new immersive Polycom Telepresence Experience (TPX) solutions from Polycom, the world's leading provider of unified collaborative communications solutions.

The addition of these new solutions now positions Polycom as an industry leader with the broadest telepresence portfolio.

Polycom extended its telepresence portfolio to support 1080p resolution to meet customer applications requiring the highest clarity of video and content.

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TANDBERG Reports Second Quarter 2008 Results

July 15, 2008 | Chris Payatagool

-- Revenue of 194.9 MUSD with volume of 16,483 units
-- Operating profit of 41.2 MUSD and pre-tax profit of 40.7 MUSD
-- Cash flow from operations of 36.0 MUSD

FINANCIALS

Second quarter revenues were 194.9 MUSD compared with 143.8 MUSD in the same quarter last year, representing 35.5% year-over-year growth. Gross margin for the quarter was 65.9%, compared with 67.1% in the same quarter last year. Selling, general & administrative (SG&A) expenses for 2Q08 totaled 77.0 MUSD, compared with 57.1 MUSD in the same quarter last year. Operating profit was 41.2 MUSD compared with 33.3 MUSD in the same quarter last year. Earnings per share (after tax) were 0.26 USD in 2Q08 compared with 0.21 USD in the same quarter last year.

The Company generated cash flow from operations of 36.0 MUSD in the quarter which after a net cash outflow from investments and financing of 42.0 MUSD, gave a total cash outflow of 6.0 MUSD. As of June 30, the Company had a cash balance of 53.5 MUSD and an equity ratio of 66.7%.

OPERATIONS

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General Dynamics Achieves Cisco TelePresence Authorized Technology Provider Status

July 9, 2008 | Chris Payatagool

SCOTTSDALE, Ariz., July 8 -- General Dynamics C4 Systems announced today that it has achieved TelePresence Authorized Technology Provider (ATP) status from Cisco. This designation recognizes General Dynamics as having fulfilled the training requirements and program prerequisites to sell, deploy...

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TANDBERG Awarded 2008 Frost & Sullivan Global Market Leadership Award

July 9, 2008 | Chris Payatagool

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Deloitte Selects Nortel to Provide Managed Global Telepresence Services

July 9, 2008 | Chris Payatagool

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Wainhouse Research Collaboration Summit Explores Collaboration Applications and Business Transformation

July 9, 2008 | Chris Payatagool

16 Speakers to Share Experiences With Collaboration in Government, Education, and Business

DUXBURY, MA - (July 8, 2008) - With topics ranging from Telepresence & Telepsychiatry to Telework to Enhancing Distance Learning with Multimedia to keynote speaker Andrew Lippman's tips on Surviving in a Digital Life World, the eighth annual Wainhouse Research Collaboration Summit will provide an updated view of how conferencing and collaboration applications are leading to business transformation. The three-day event, which will be held at the Royal Sonesta Hotel in Cambridge, MA from July 16 - 18, kicks off with a free-to-the-public technology showcase featuring a dozen rapid-fire demos from industry innovators. The two-day conference that follows will highlight innovative customer applications of videoconferencing, web conferencing, and unified communications in government, education, and the corporate enterprise. Advance registration is required at http://www.wainhouse.com/boston08.

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Glowpoint continues its pace of record growth in Managed Multi-Point Conferencing Services

July 9, 2008 | Chris Payatagool

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TANDBERG Announces 2007 Americas Channel Partner Award Winners

July 7, 2008 | Chris Payatagool

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Tata Communications Launches Telepresence Services Worldwide

July 2, 2008 | Chris Payatagool

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Telanetix Restructures Debt With $26.1 Million in Long-Term Financing

July 1, 2008 | Howard Lichtman

SEATTLE, July 1, 2008 -- Telanetix, Inc. (OTC BB: TNXI) a leading communications solutions provider of telepresence and voice over IP (VoIP) services, replaced all of its outstanding convertible debentures aggregating $10.8 million and all shares of its outstanding Series A Preferred Stock with a stated value of $15.3 million with six-year, interest only, non-amortizing debentures in an aggregate principal amount of $26.1 million.

"Our debenture holders recognize the value of our growing business and agreed to alter the terms of our debentures," said Doug Johnson, Telanetix's chief executive officer. "The new debt structure significantly lowers debt service requirements for the next six years. Extending the term, securing a fixed interest rate, and removing the ratchet provision for monthly payments made in common stock, will substantially reduce our cash requirements. This recapitalization, coupled with our successful consolidation of business units which is significantly reducing operating costs, positions us to allocate resources toward initiatives that drive growth and profitability."

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Vidyo and Digital Video Enterprises Partner to Expand Telepresence Options

July 1, 2008 | Howard Lichtman

Hackensack, NJ/Irvine, CA (June 18, 2008) - Vidyo, Inc., the first company to deliver personal telepresence, and Digital Video Enterprises (DVE), a leading telepresence solution provider, today announced that they will be partnering to provide new and existing customers a scalable video codec option that combines telepresence rooms with HD desktop video conferencing. In addition, DVE's Telepresence 50 systems for group conferencing and DVE's executive telepresence system for offices will integrate with a Scalable Video Coding (SVC) based infrastructure service supported by Vidyo technology.

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WBS Connect Secures $3.5 Million of Credit from Silicon Valley Bank for Continued Expansion

June 30, 2008 | Chris Payatagool

WBS Connect, a Colorado-based global technology services company, today announced it has secured $3.5 million in new capital through credit facilities with Silicon Valley Bank (SVB), a leading provider of diversified financial services to companies in the technology, life science, private equity and premium wine industries.

Denver, CO June 28, 2008 -- WBS Connect, a Colorado-based global technology services company, today announced it has secured $3.5 million in new capital through credit facilities with Silicon Valley Bank (SVB), a leading provider of diversified financial services to companies in the technology, life science, private equity and premium wine industries. The credit facility will be used as additional working capital in support of WBS Connect's aggressive growth strategy and objectives. It will allow WBS Connect to continue its expansion of a worldwide network footprint, further enabling businesses to connect to their world. Currently, WBS Connect has an extensive technology framework built throughout North America, Europe, and Asia and the company is working to expand its presence in South America and the Middle East.

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York Telecom Awarded Polycom Telepresence Certified Plus Status

June 30, 2008 | Chris Payatagool

York Telecom, Polycom Helping Customers Leverage Telepresence to Improve Productivity, Accelerate Decision Making, and Reduce Carbon Emissions and Costs Associated With Travel

York Telecom, a leading provider of visual communication services and solutions for government and commercial customers, today announced that it has been awarded Polycom Telepresence Certified Plus Partner status from Polycom, Inc. (NASDAQ: PLCM), the world's leading provider of unified collaborative communications solutions. York Telecom is delivering complete telepresence solutions along with managed telepresence services (Video Network Operation Center (VNOC)), and implementation and maintenance services for Polycom RealPresence(TM) Experience (RPX(TM)) and Polycom Telepresence Experience (TM) (TPX(TM)) immersive telepresence solutions, and flexible Polycom HDX room and personal telepresence solutions, which together represent the broadest portfolio of fully interoperable, standards-based telepresence solutions available.