Accord Networks Commits to Maintain Support for TANDBERG Solutions.Business Editors Telecon West 2000 ANAHEIM, Calif.--(BUSINESS WIRE)--Dec. 7, 2000 Accord Networks (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) ), the 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 visual communications, today confirmed its commitment to continue to support video endpoints manufactured by TANDBERG (Oslo Stock Exchange Oslo Stock Exchange An exchange founded in 1819 and trading stocks, bonds, and stock options that is considered the options market of Norway. :TAA TAA - Track Average Amplitude ), 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 Networks and TANDBERG have developed a strong and growing relationship over the course of the last several years. As one of our top performing resellers, TANDBERG has demonstrated their long-standing commitment to Accord solutions and products. Furthermore, our recently forged development partnership with TANDBERG will allow us to empower the TANDBERG end-user base with Rich Media Communications. Accord underscored its commitment to support TANDBERG First feature sets including Downspeeding(TF), Digital Clarity(TF) (live 4CIF (1) (Common Intermediate Format) A standard video format used in videoconferencing. CIF formats are defined by their resolution, and standards both above and below the original resolution have been established. The original CIF is also known as Full CIF (FCIF). resolution) and DuoVideo(TF). "Accord Networks stands by the relationship we've forged with TANDBERG and we remain confident that our partnership will continue to grow," says 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. "Our recent announcement of a change in ownership will not impact the distribution relationship and development partnership between Accord Networks and TANDBERG. About Accord Networks Accord Networks Ltd. is the leading manufacturer of video and voice network products for the converged network The integration of the telephone system with IP-based data networks. See softswitch. (networking) converged network - A single network that can carry voice, video and data. . 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 Networks. About TANDBERG TANDBERG is a leading global provider of videoconferencing solutions. The company designs, develops and manufactures systems and offers sales support and value-added services in over 50 countries worldwide. With its headquarters in Oslo, Norway, the company has major offices in the United States, the United Kingdom, Canada and China. TANDBERG is publicly traded in Norway on the Oslo Stock Exchange under the symbol TAA. For more information, please visit our Web site at http://www.tandberg.net TF a TANDBERG first This press release contains forward-looking statements that are subject to risks and uncertainties. Factors that could cause actual results to differ materially from these forward-looking statements include, but are not limited to, delay in product development, general business conditions in the industry, changes in demand for products, the timing and amount or cancellation of orders and other risks detailed from time to time in Accord Networks' filings with the Securities and Exchange Commission, including Accord Networks' Form F-1 registration statement. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion