AVT Corp. Announces Availability of Mobile Wireless Product Line and Launches New Company Brand.Business Editors/High-Tech Writers KIRKLAND, Wash.--(BUSINESS WIRE)--April 2, 2001 Captaris Inc. to Become New Corporate Identity for Leading Provider of Unified Communications The real time redirection of a voice, text or e-mail message to the device closest to the intended recipient at any given time. For example, voice calls to desk phones could be routed to the user's cellphone when required. and Mobile Business Solutions AVT AVT avian arginine vasotocin. See vasotocin. Corp. (Nasdaq: AVTC AVTC Antivirus Test Center (informatics, University of Hamburg) AVTC Automatic Vehicular Traffic Control ), a leading provider of unified communications and mobile business solutions, Monday launched the next-generation of its Infinite mobile wireless software product line, which allows users to access corporate messaging and business data from Internet-enabled mobile phones and wireless devices. The company also announced a rebranding effort designed to better reflect the company's strategy and its extended reach into the growing mobile wireless market. Known for over 19 years as an innovator in unified communications, AVT Corp. changed the company name to Captaris Inc. As of April 9, 2001, its Nasdaq trading symbol Trading symbol See: Ticker symbol will become CAPA CAPA California Alternate Performance Assessment CAPA Captaris, Inc (stock symbol) CAPA Confederation of Asian and Pacific Accountants CAPA Creative and Performing Arts (school) . "Today's on-schedule launch is the next step in our previously announced business strategy and emphasizes our continued commitment to aggressively expand our presence in the mobile wireless market," said David Anastasi, president and chief executive officer of Captaris. "We are proud to deliver a set of powerful applications that can extend companies' information infrastructure to mobile wireless devices and complement the Captaris core business offerings. Additionally, we believe our rebranding efforts and investment in building the Captaris brand can provide an image and identity that will support our long-term growth plans." Specific to the company's mobile wireless initiative, a recent study by Wirthlin Worldwide Wirthlin Worldwide was an influential political and business consulting firm founded by Dick Wirthlin. It operated from 1969 to 2004. It ceased to operate as a separate company on September 8, 2004 when it was acquired by Harris Interactive for a combination of stock and cash revealed that 78 percent of Fortune 1000 executives plan to make a corporate investment in wireless applications over the next 18 to 24 months. The study also showed dramatic increases in the deployment of new wireless devices among businesses, continued growth of the mobile workforce, and strong demand by business workers for access to email and other critical corporate data while away from the office. With this latest announcement of new mobile wireless applications branded under the Infinite product In mathematics, for a sequence of numbers a1, a2, a3, ... the infinite product v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. this market opportunity and to give its customers increased control over critical business information from any location. Infinite Mobile Delivery Server, which will be generally available within the next 45 days, extends the user's desktop by making traditional applications and information accessible to mobile workers via wireless, Internet-enabled mobile phones and devices. Specifically, Infinite Mobile Delivery Server provides the following functionality: -- Extends the reach of corporate email and groupware systems, allowing users to access email, voicemail, faxes, personal calendars, task lists and contact databases from Internet-enabled mobile phones and wireless PDAs (personal digital assistants). -- Extends the range of valuable databases and productivity tools by wirelessly enabling mission critical applications including CRM (customer relationship management), ERP (enterprise resource planning), and others. -- Incorporates a voice component which, in addition to reading and responding to email messages in text, allows users to listen to email messages using text-to-speech conversion and respond to email messages with a voice message. Infinite Mobile Delivery Server is designed to build upon and enhance existing Infinite mobile wireless offerings. Infinite mobile wireless solutions are currently in use at commercial sites including BT Internet (United Kingdom), BT Cellnet (United Kingdom), Swisscom (Switzerland), KPN KPN Koninklijke PTT Nederland (Royal Dutch Telecom) KPN Konfederacja Polski Niepodleglej (Polish conservative party) (Netherlands), Atos (France), AT&T (United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. ), Telstra (Australia), SmartTone (Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. ), Mviva (United Kingdom), and Optimus (Portugal). "Companies have made substantial investments in information systems. Traditionally, that information has only been accessible by employees in the office," said Joseph A. Staples staples U-shaped stainless steel or vitallium units with sharp points used for surgical fixation. epiphyseal staples used to staple epiphysis to metaphysis; have metal bracing at the corners. , executive vice president of emerging technology and corporate marketing for Captaris. "The key to an effective mobile workforce is the freedom to work at any time, from any location with the same flexible access and control of information that is available in a traditional office setting. The Captaris Infinite Mobile Delivery product line extends and adds value to a company's existing and future technology investments." In support of the mobile wireless product launch, as well as the other established product lines such as RightFax, CallXpress and MediaLinq, the company's rebranding as Captaris Inc. is designed to reflect a new image that builds on the strength and legacy of the company while signaling a shift into the emerging mobile wireless market. With branding being a key component to any successful business strategy, the company will build equity around the Captaris name and its tagline, "Business Within Your Reach." "Putting business within the reach of our customers is what Captaris is all about," added Staples. "Whether you're talking about our unified messaging Having access to e-mail, voice mail and faxes via a common computer application or by telephone. For example, unified messaging may send faxes and digitized voice mail to a mail server that turns them into e-mail attachments. products, our network and broadcast fax products and services or our mobile offerings, our entire value proposition is that we allow users the freedom to do business and access business information how and when they want." About Captaris Inc. Captaris is a leading provider of unified communications and mobile business solutions that allow companies to improve business communications with customers, partners and employees. The company provides access to and control of critical business information from almost any communications device Typically refers to a terminal used to send voice, video or text. Mobile phones, wireless PDAs and personal computers equipped with microphones, speakers and cameras are all considered communications devices. See modem. and enhances communications workflow by improving the way in which company stakeholders Stakeholders All parties that have an interest, financial or otherwise, in a firm-stockholders, creditors, bondholders, employees, customers, management, the community, and the government. exchange information. The company specializes in developing and marketing its CallXpress unified messaging solution, its RightFax fax and communications servers See network access server, modem server, terminal server and communications controller. (operating system) Communications Server - IBM's rebranding of ACF. , its MediaLinq electronic document delivery services, and its Infinite Mobile Delivery product lines. Captaris has more than 75,000 systems installed, and over 1 million users worldwide, with 80 percent of Fortune 100 companies using the company's award-winning products and services. Captaris is headquartered in Kirkland and has main offices in Tucson, Ariz.; Portland, Oreg.; San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden ; and Owings Mills, Md. In addition, Captaris has sales and support offices in the United Kingdom, Germany, Hong Kong, and Dubai. The company was founded in 1982 and is publicly traded on the Nasdaq National Market. The trading symbol on the Nasdaq National Market will change on April 9, 2001, from "AVTC" to "CAPA." Captaris maintains a site on the World Wide Web at www.captaris.com. Certain statements in this press release are "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Forward-looking statements include all passages containing verbs such as "aims," "anticipates," "believes," "estimates," "expects," "intends," "plans," "predicts," "projects" or "targets" or nouns corresponding to such verbs. Forward-looking statements also include any other passages that are primarily relevant to expected future events or that can only be evaluated by events that will occur in the future. Forward-looking statements are based on the opinions and estimates of the management at the time the statements are made and are subject to certain risks and uncertainties that could cause actual results to differ materially from those anticipated in the forward-looking statements. Factors that could affect Captaris' actual results include, among others, the potential failure to maintain and expand Captaris' network of dealers and resellers or to establish and maintain strategic relationships, inability to integrate recent and future acquisitions, inability to develop new products or product enhancements on a timely basis, inability to protect our proprietary rights or to operate without infringing the patents and proprietary rights of others, and quarterly and seasonal fluctuations in operating results. More information about factors that potentially could affect Captaris' financial results is included in Captaris' Form 10-Q Form 10-Q See 10-Q. for the fiscal quarter ended Sept. 30, 2000 filed with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance upon these forward-looking statements that speak only as to the date of this release. Except as required by law, Captaris undertakes no obligation to update any forward-looking or other statements in this press release, whether as a result of new information, future events or otherwise. |
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