ADP Leverages the PictureTel 900 Series Integrated Collaboration Platform; iPower Solutions Deliver Integrated Collaboration Capabilities.Business Editors/Hi-Tech Writers ANDOVER, Ma.--(BUSINESS WIRE)--Oct. 23, 2000 PictureTel Corporation (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 ), the world leader in integrated collaboration, announced today that Automatic Data Processing Same as data processing. , Inc. (NYSE NYSE See: New York Stock Exchange :AUD AUD In currencies, this is the abbreviation for the Australian Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. ), is migrating to the PictureTel 900 Series integrated collaboration platform. The PictureTel (R) 970 and 960 became generally available for shipment to customers, Monday, August 14, 2000. The PictureTel 900 Series products utilize the next-generation iPower(TM) integrated collaboration architecture, developed jointly by PictureTel and Intel. ADP (1) (Automatic Data Processing) Synonymous with data processing (DP), electronic data processing (EDP) and information processing. (2) (Automatic Data Processing, Inc., Roseland, NJ, www.adp. purchased the new PictureTel 900 Series from PictureTel partner IVCi, headquartered in Bay Shore, New York Bay Shore is a hamlet (and census-designated place), located in the town of Islip, County of Suffolk, New York. The population was 23,852 at the 2000 census. Bay Shore has a major railroad station of the Long Island Rail Road, serving both commuters and vacationers as a . IVCi is a leading integrator of video conferencing and audio-visual solutions. ADP, with over $6 billion in revenue and more than 450,000 clients, is one of the largest independent computing services firms in the world. ADP is utilizing the PictureTel 900 Series to connect dispersed teams, facilitate interaction among recently centralized regions, for training, and for executive meetings. "ADP has been a PictureTel customer for 3 years and we have been pleased with the technology," says Cathy Boswick, Director of Strategic Telecommunications Planning, ADP. "We look forward to realizing the benefits of the next level of collaboration offered by the PictureTel 900 Series." "Global leaders such as ADP are adopting integrated collaboration technologies," says Norman Gaut, 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. , PictureTel. "One of the most significant challenges any organization faces today is managing knowledge transfer. Integrated collaboration empowers companies to efficiently share corporate knowledge and use that knowledge productively - to drive the decision-making process, and in turn to achieve real competitive advantage." The iPower architecture, as embodied in the PictureTel 900 Series products, is a breakthrough technology that finally gives users as much power and flexibility to share information in a meeting with remote sites as most users enjoy in meetings at one location. Full resolution slides and PC information is simply provided at all sites with the touch of a button. Complete, full-resolution interaction with the user's 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. or the Internet is a built in feature. The systems feature the most powerful system management capabilities of any product in this class of communications equipment. About PictureTel PictureTel Corporation (NASDAQ: PCTL) is the world leader in developing, manufacturing, and marketing a full range of visual- and audio- collaboration platforms. PictureTel also owns 1414c, a communications ASP that greatly simplifies the network complexity inherent in mixed rich media collaboration. PictureTel markets network conferencing servers in addition to the complete range of end-point products and delivers a global capability to service, support, and provide complete solutions for customers needing rich media communications. PictureTel is fundamentally in the business of eliminating the barrier of distance, enabling people to be Anywhere Now.(TM) 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 Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. and its Form 10-Q Form 10-Q See 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