Accord Networks Selected By Aetna U.S. Healthcare for Nationwide Visual Communications Network.Business Editors ATLANTA--(BUSINESS WIRE)--Nov. 10, 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 developer and manufacturer of visual and voice networking products including the V2IPERA(TM) family - a product line of network switches, conference bridges, gateways and management systems - that empowers Rich Media Communications over IP, ATM and ISDN ISDN in full Integrated Services Digital Network Digital telecommunications network that operates over standard copper telephone wires or other media. networks, today announced that the Accord(R) MGC-100(TM), the flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. in the V2IPERA family, has been chosen by Aetna U.S. Healthcare U.S. Healthcare is a now-defunct healthcare company. The logo had an apple. The merger with Aetna In 1996, the company merged with Aetna, calling it Aetna U.S. Healthcare. The U.S. Healthcare apple logo was next to the Aetna name, and U.S. Healthcare under it. U.S. for its state-of-the-art visual communications network The transmission channels interconnecting all client and server stations as well as all supporting hardware and software. . Aetna U.S. Healthcare is a subsidiary of Aetna (NYSE NYSE See: New York Stock Exchange : AET AET Aetna, Inc. AET After Extra Time AET Actual Evapotranspiration AET Alliance for Environmental Technology AET Alpha-Ethyltryptamine AET Applied Extrusion Technologies, Inc. ), a Fortune 50 company that provides over 45 million people worldwide with quality products, services and information to help them manage health and financial well-being. The Accord MGC MGC Mammalian Gene Collection MGC Media Gateway Controller MGC Middle Georgia College MGC Museums and Galleries Commission (UK government) MGC Mississippi Gaming Commission MGC Manual Gain Control was sold to Aetna U.S. Healthcare in conjunction with IVCi (International Videoconferencing, Inc.), a leading visual communications integrator. This selection is a further example of Accord's leadership in the visual and voice networking communications industry communications industry, broadly defined, the business of conveying information. Although communication by means of symbols and gestures dates to the beginning of human history, the term generally refers to mass communications. and brings Accord's products into another leading multinational healthcare company. "We are excited that Aetna U.S. Healthcare, an organization with a great track record and an in-depth understanding of the benefits of technology, has chosen the Accord MGC. We are looking forward to working with Aetna and other major corporations to ensure that we continue to deliver the types of Rich Media Communications solutions required," said Phil Keenan, executive vice president of Accord. Aetna was one of the first major corporations in the United States to adopt visual technology to enhance communications and reduce costs. For more than nineteen years the company has benefited from point-to-point and multipoint visual communications. With the deployment of the Accord MGC-100, more than 40,000 Aetna employees now enjoy the benefits of the industry's only single platform visual communications networking technology. About Accord Networks Accord Networks is the leading manufacturer of visual and voice networking products and developers of the V2IPERA family - a product line of network switches, conference bridges, gateways and management systems - that empower Rich Media Communications over IP, ATM and ISDN networks. Accord's V2IPERA family makes it easy for two or more people to participate in Rich Media Communication sessions without having to know the technical characteristics of their network or their video- or voice-enabled system. These systems today could be an Internet telephone, regular telephone, video-PC or videoconferencing system. When integrated into a network solution, Accord's products are uniquely positioned to solve many problems faced by network designers today such as dealing with multiple speeds and feeds, multiple protocols, multiple networks and QoS issues. All of Accord's solutions are managed and controlled under a common management suite. Accord's solutions are used both by end users and by service providers who are offering outsourced solutions to end users. Service providers offering these services include RBOCs, CLECs, ISPs and ASPs. Accord is a registered trademark and MGC-100 and V2IPERA are trademarks of Accord Networks. 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. |
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