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Accord Networks Commits to Maintain Multi-Vendor Strategy Following Acquisition by Polycom.


Business Editors

ANAHEIM, Calif.--(BUSINESS WIRE)--Dec. 7, 2000

Accord Networks, Inc., (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
: ACCD ACCD Alamo Community College District (Texas)
ACCD Art Center College of Design (Los Angeles, California)
ACCD Alberta Committee of Citizens with Disabilities (Canada) 
), a leading provider of advanced network switching systems Switching systems (communications)

The assemblies of switching and control devices provided so that any station in a communications system may be connected as desired with any other station.
 for interactive video communications, today confirmed its intent to continue to support all video endpoints following the announcement that Polycom, (NASDAQ: PLCM PLCM Product Life-Cycle Management
PLCM public long code mask
PLCM Public Land Code Mask
) a worldwide leader in broadband communications solutions, will acquire Accord(R).

Accord is a major strategic supplier of bridging technology to many of the industry's leading endpoint developers. Accord has relationships with PictureTel, TANDBERG, VCON, Sony, VTEL VTEL Video Teleconferencing  and Zydacron.

"The interactive visual communication market has enormous potential for growth," said Jules L. DeVigne, 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.  of Accord Networks. "Moving forward, our goal is unchanged. Accord will strive to support all video endpoints and remains committed to developing standards that fuel this growth by delivering innovative solutions in switching technology."

About Accord Networks

Accord Networks Ltd. is the leading manufacturer of video and voice network products for the converged network. Accord develops and markets the V2IPERA product family-a line of network infrastructure servers that empower rich-media communications over IP, ATM, and circuit-switched network environments. Additional information about Accord Networks may be found at www.accordnetworks.com.

Accord is a registered trademark and V2IPERA is a trademark of Accord. All other product names property of their respective companies.
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Publication:Business Wire
Date:Dec 7, 2000
Words:211
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