Applied Global Technologies Selects Octave Technology as Basis for New Audio Conferencing Offering.

Business/Technology Editors

NASHUA, N.H.--(BUSINESS WIRE)--Oct. 22, 2001

Company to Add Custom-control, High-Value Audio Conferencing

Applications to its Menu of Video Service Offerings

Octave Communications(R), a leader in voice conferencing and instant group conversations, today announced that Applied Global Technologies(R) (AGT), a leading telecommunications' reseller and custom-control software developer to the Fortune 100 and government markets, has signed an alliance agreement to resell Octave technology. The alliance includes a technology integration relationship, sales and marketing support and demonstrates how Octave and AGT will also work together to offer clients and end users intelligent telecommunications' solutions that enable companies to drive immediate customer value and rapid organizational ROI.

Under the terms of the multi-year agreement, AGT will be supplying Octave audio conferencing bridges, mobility and VoIP solutions to its global customer base. With the addition of Octave products and software, AGT can now provide the market with an unprecedented level of audio, video, and telecommunications products that extend over diverse mediums including: video, cellular, wireless, dedicated, and dial-up.

"As business environments become more sophisticated, our customers are looking for products that can be seamlessly integrated," said Michael Valletutti, CEO, AGT, Melbourne, Florida. "Our enterprise videoconferencing customers want products that leverage their conferencing needs to include voice, data, and Web applications. We view the addition of Octave technology to our advanced application and service offerings as a strategic competitive advantage and a key market differentiator that is a perfect complement to AGT's technology strategy and roadmap."

"Our agreement with AGT marks the emergence of an exciting new business opportunity for Octave, said Ron Elwell, CEO, Octave Communications. "Enabling AGT to offer our products enables us to jointly address a broader range of customers, and facilitate significantly more rapid deployment of our technology and its benefits."

Elwell added, "Going forward, we are well positioned to deploy Octave technology applications with AGT to large enterprise customers and government users so they can maximize their use of conferencing and instant communication."

Octave Solutions

Octave solutions enable:

- Groups to connect instantly, without predefined schedules, regardless of
geography or time zone, improve overall corporate collaboration, productivity
and keep costs low;

- Companies that come together because of mergers and acquisitions, travel
restrictions or other cost cutting measures, to have access to easy-to-use,
on-demand conferencing systems so that remote managers can quickly engage with
employees in day-to-day decision-making and real-time discussion;

- Worker productivity in an age when corporate travel is restricted, expensive
and time consuming. Companies looking to reduce travel costs often find that
employee productivity is enhanced through the ability to meet via consistent
and frequent reservationless conferencing.

About Applied Global Technologies(R)(AGT)

AGT is a leader in the telecommunications arena, with divisions in videoconferencing, engineering, and software. AGT provides design, equipment, installation, training and ongoing maintenance for videoconferencing systems, networks, and custom software and device control. The company has provided services in designing solutions for teleconferencing networks including: VoIP, H.323, H.320, satellite, microwave, T-1, ISDN, Switched 56, Fiber Optic, Frame Relay and ATM. They design and install custom systems for telemedicine, distance learning, and telearraignment, and markets its products and services globally, providing 24x7 support coverage. Videoconferencing Application Services (VCAS) is a web-based Scheduling, Network Management and Collaboration offering.

AGT is a private C-corporation, certified small business, held by its two founders and Georgia Tech Research Institute (GTRI). All owners and key personnel have post-graduate engineering or graduate science degrees, providing the highest level of technical expertise and researched technology. The company is in excellent financial shape, with greater than 75% annualized growth in both revenues and profit over the previous five years. AGT employs over 50 dedicated and hard-working personnel in FL, GA, VA, CA, WA, TX, HI and Japan. For more information visit the web site at www.appliedglobal.com or call [phone].

About Octave

Octave is pioneering next-generation infrastructure technology that enables wireless carriers and service providers to deliver dynamic, instant group conversations. Privately held and headquartered in Nashua, New Hampshire, the company leverages a cross section of communications technologies: voice conferencing, mobility, presence, speech recognition and voice over IP (VoIP). With Octave's innovative hardware platform and software applications, service providers can deliver new and differentiated group conversation services that increase carrier revenue and impact the way people communicate. Octave products are available through a worldwide direct sales force and resellers. For more information on the company and its products, visit our web site at www.octavecomm.com, email us at [e-mail] or call 603/459-5200.

Note to reporters: Please visit www.octavecomm.com for the Octave online press kit.

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