ACT Teleconferencing Inc. announces relocation of videoconferencing subsidiary to Colorado;.GOLDEN, Colo.--(BUSINESS WIRE)--Nov. 6, 1996-- Move designed to enhance growth opportunities by consolidating video operations near Colorado headquarters; Company expects substantial cost savings to result from relocation ACT Teleconferencing, Inc. (Nasdaq-ACTT, ACTTW), the only worldwide provider of products and services for all three teleconferencing segments -- audio, data and video -- today announced it is relocating its ACT Videoconferencing subsidiary from Saint Paul, Minnesota
The new address is 3930 Youngfield, Wheat Ridge, Colorado The City of Wheat Ridge is a Home Rule Municipality located in Jefferson County, Colorado, United States. Wheat Ridge is a western suburb of Denver. The Wheat Ridge Municipal Center is 5 miles (8 km) , 80033. Phone: 303/202-2964. Fax: 303/202-3542. Gerald Van Eeckhout, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , said the move enables the Company to consolidate all new product development, assembly and technical support for the ActionView(tm) product family near the Company's corporate headquarters and U.S. operations center The facility or location on an installation, base, or facility used by the commander to command, control, and coordinate all crisis activities. See also base defense operations center; command center. in Golden, Colorado The City of Golden is a home rule municipality that is the county seat of Jefferson County, Colorado, United States. Golden lies along Clear Creek at the eastern edge of the foothills of the Front Range of the Rocky Mountains. . He added that ACT Videoconferencing would retain a sales and demonstration center in Minneapolis/St. Paul. "By moving ACT Videoconferencing to Colorado, we substantially enhance our product and service development capabilities by enabling our talented audio, data and videoconferencing staffs to work closely together on a daily basis," Van Eeckhout said. "In addition, we significantly reduce overhead costs overhead costs see fixed costs. , thereby accelerating ACT Videoconferencing's planned transition to profitability." ACT Videoconferencing manufactures and markets the ActionView line of small group video conferencing systems. The standards-based ActionView product provides users with a high degree of functionality at a cost substantially less than that of competing systems. With its headquarters and domestic operations in the Denver suburb of Golden, Colorado, ACT Teleconferencing, Inc. supports its international teleconferencing capability with offices in London, Amsterdam and Brussels. CONTACT: ACT Teleconferencing, Inc. Pamela Van Eeckhout, CFO See Chief Financial Officer. , 303/233-3500 |
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