[0] Sonic Telecom, Ltd. and PictureTel's 1414c Deliver Comprehensive International Videoconferencing Solution.Business Editors & High Tech Writers CHANTILLY, Va. & ANDOVER, Mass.--(BUSINESS WIRE)--Feb. 14, 2001 Sonic Telecom, Ltd., The originator of broadband bandwidth on demand and billing by the byte, today announced that it has entered into a service agreement with PictureTel's 1414c (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :PCTL PCTL Percentile PCTL Prioritized Candidate Target List ). Under the agreement, 1414c will utilize Sonic Video1, in its offerings to its customer base of over 100 companies, the majority of which use videoconferencing on a worldwide basis. According to Frost & Sullivan Research, the market for videoconferencing equipment generated revenues of $587 million in 1999 and is projected to reach $1.54 billion by 2006. The growth in equipment sales will generate similar growth in network transport of videoconferences. Sonic Video1 is the new alternative to international ISDN ISDN in full Integrated Services Digital Network Digital telecommunications network that operates over standard copper telephone wires or other media. videoconferencing that connects quickly and supports transmission speeds up to 512kbps. With Sonic Video1 there are no local loop charges, no port charges, no need for technical support and anyone with local ISDN service can use it. Sonic Video1 will enable 1414c to deliver a higher level of service, with single-point global accountability at highly competitive rates. 1414c, Inc., a subsidiary of PictureTel Corporation, delivers web-based conferencing services and technologies that allow organizations and service providers to schedule and manage global video, audio, and data calls, from an easy-to-use web portal. These services enable users to collaborate with each other via endpoint-agnostic technology over either ISDN networks or over their own corporate LAN (Local Area Network) A communications network that serves users within a confined geographical area. The "clients" are the user's workstations typically running Windows, although Mac and Linux clients are also used. & WAN IP networks, sharing any combination of data, voice, or video, depending on connection speed. PictureTel equipment and 1414c services, coupled with Sonic Telecom transmission quality, end-to-end accountability, and affordable pricing present a true alternative to business travel. "For a network usage charge of about $120 dollars, customers can have a one hour meeting from Paris to New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of with image and sound quality that approaches broadcast standards," stated Leah Maher, Director Marketing and Business Development for 1414c. Sonic Video1 is available through 1414c between Amsterdam, Brussels, Frankfurt, London, Paris and the USA. Service to Milan, Madrid and Singapore will be available in the near future. The service works with any videoconferencing equipment using standard H.320. Dieter Riegelhof, Vice President of International Business Development for Sonic Telecom stated: "PictureTel has been a leader in the visual communications industry for years. We see this agreement with 1414c as an endorsement of Sonic Video1 and the value our combined offering for global business." Sonic Telecom provides comprehensive solutions for video transmission and can deliver a complete system to customers that include camera, monitor, codec (1) (enCOder/DECoder) A hardware circuit that performs analog-to-digital conversion (ADC) and digital-to-analog (DAC) conversion. When analog signals are entered into a computer, cellphone or other device via a microphone or video source such as VHS tape or analog TV, and other video conferencing peripherals. The Company counts RTL (Register Transfer Level) A high-level hardware description language (HDL) for defining digital circuits. The circuits are described as a collection of registers, Boolean equations, control logic such as "if-then-else" statements as well as complex event sequences; Television-Germany, NBC NBC in full National Broadcasting Co. Major U.S. commercial broadcasting company. It was formed in 1926 by RCA Corp., General Electric Co. (GE), and Westinghouse and was the first U.S. company to operate a broadcast network. , Fox News, CBS (Cell Broadcast Service) See cell broadcast. and other major broadcasters among its clients. About PictureTel PictureTel Corporation (NASDAQ:PCTL) is the world leader in developing, manufacturing, and marketing a full range of visual- and audio-collaboration and streaming-video solutions. The company's systems meet customers' collaboration needs from the desktop to the boardroom. PictureTel also markets network conferencing servers and a comprehensive portfolio of enterprise-wide services. PictureTel collaboration products and services eliminate the barrier of distance, enabling people to be Anywhere Now (TM). For additional information about PictureTel, visit www.picturetel.com. About 1414c Headquartered in Andover, Massachusetts, 1414c, Inc. is a direct provider of ISDN videoconference services and has developed a network agnostic web-based application platform focused on connecting people simply. A majority-owned subsidiary majority-owned subsidiary A firm in which more than 50% of outstanding voting stock is owned by the parent company. of PictureTel Corporation, 1414c takes full advantage of the IP revolution, delivering access to a broad range of IP-based interactive communication solutions while serving the needs of its ISDN installed base. For more information, visit www.1414c.com. About Sonic Telecom Privately held Sonic Telecom provides global data services and end-to-end managed networks. The Company has over 100 points of presence on its international ATM digital network that ensures Quality of Service for IP and access, transport and termination for multimedia transmissions. Broadwing Communications (NYSE NYSE See: New York Stock Exchange :BRW BRW Business Review Weekly (business magazine; Melbourne, Victoria, Australia) BRW Business Report Writer BRW Barrow, AK, USA - Barrow (Airport Code) BRW Business Requirement Worksheet ), General DataComm (NYSE:GDC GDC Game Developers Conference GDC General Dental Council GDC Gouvernement du Canada GDC Georgia Department of Corrections GDC Global Data Center GDC Guglielmi Detachable Coil GDC Global Development Center GDC Institute for Genetic Disease Control in Animals ), MasTec, Inc. (NYSE:MTZ MTZ Mass Transfer Zone (granular active carbon filter design - engineering) Mtz Martinez, CA MTZ Mali Airways (ICAO code) MTZ Moine Thrust Zone ), Saudi Cable Company and Viatel Inc. (NASDAQ:VYTL) are strategic investors in the Company. For additional information about Sonic Telecom, Ltd. visit www.sonictelecom.com. This release includes projections and other forward-looking statements about the company's revenues, earnings, and other measures of economic performance. Actual results could differ materially from forecasts due to many factors such as, for example, competitive pressures, changes in technology, and the difficulty in forecasting in overseas markets and indirect channels. Additional information concerning risks that could cause actual results to differ is contained in the company's annual report on Form 10-K and its Form 10-Q as filed with the SEC. The company undertakes no obligation to update publicly any forward-looking statements whether as a result of new information, future events or otherwise. PictureTel is a registered trademark of PictureTel Corporation. PictureTel 900 Series, iPower, and Anywhere Now are trademarks of PictureTel Corporation. All other terms and products names may be trademark or registered trademarks of their respective owners. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion