Avistar Brings Heightened Immediacy to Retail Banking With Introduction of Live Video ''Expert Advisors'' at BAI Retail Delivery Conference and Expo.REDWOOD SHORES, Calif. -- Avistar Communications Corp. (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 :AVSR (Audio Visual Speech Recognition) Using lip reading software to enhance speech recognition. In noisy environments where a camera can be included, AVSR improves the computer's ability to recognize the speaker's words by visually tracking lip movement and ), a video collaboration platform An emerging category of computer software, collaboration platforms are unified electronic platforms that support synchronous and asynchronous communication through a variety of devices and channels. provider, is working with IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) to deliver "Expert Advisor" desktop video connectivity, linking experts and advisors with customers in the delivery of banking services at the BAI n. 1. a language spoken in the Dali region of Yunnan. Noun 1. Bai - the Tibeto-Burman language spoken in the Dali region of Yunnan Baic Retail Delivery Conference and Expo in Orlando, Florida The city of Orlando is a major city in central Florida and is the county seat of Orange County, Florida. According to the 2000 census, the city population was 185,951. A 2006 U.S. , November 15-17, 2005. Avistar's comprehensive suite of video collaboration solutions offers a cutting-edge value proposition, deepening advisory relationships and leveraging bank resources by linking customers live from their bank branch to financial and product experts in centralized locations and in other branches. The suite of presence-based solutions featured at the BAI expo includes one-to-one and multiparty interactive video calling, as well as video recording with video publishing to web sites and personalized emails. Not only does Avistar's interactive video collaboration with IBM capitalize on Cap´i`tal`ize on` 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>. in-house bank expertise and licensed advisors, it also enables follow-up with video e-mails tailored to specific customer needs and portfolios. Specialists can additionally provide personalized video recordings on breaking news, new services, new product training and other content to customers and branch staff worldwide. Whether delivered through point-to-point interactive video calls, a multiparty call with both a licensed advisor and a product expert or watching a bank broadcast on a video kiosk in the lobby, Avistar's visual solutions move retail banking into a new dimension by enhancing key business processes such as pre-scheduled and ad-hoc meetings and advisory sessions, research updates from internal analysts and transmission of developing information. "Cultivating and maintaining high-touch relationships -- while at the same time leveraging licensed advisors to the largest number of customers possible -- is a top priority in the world of retail banking," said Gerald Burnett, Chairman and Chief Executive Officer at Avistar. "By providing the visual connection between customers and advisors, wherever they're located, we're facilitating the trust-based advisory relationships necessary to selling more services in retail banking." Avistar's recent integration with IBM business applications including Workplace Managed Client indicates a growing trend toward video functionality as a "must have" tool in the effective enterprise office suite. With video calling available from within e-mail, documents, eMeetings and instant messages, IBM Workplace IBM Workplace was a brand of collaborative software applications from IBM's Lotus Software division. It was intended to be the next generation of collaboration software that would work with IBM's Java EE-based WebSphere Portal server software. Managed Client users can identify and interact immediately, 'face-to-face' with co-workers wherever they are. Installed in IBM demo centers across North America and Europe, Avistar's video solutions enhance the quality of communications, foster flexibility and responsiveness and cut time and travel costs -- all of critical importance to quick, quality decision-making and improved customer service in the financial services sector. Avistar is Industry Optimized in IBM PartnerWorld Industry Networks for Financial Markets and Media and Entertainment programs. The IBM PartnerWorld Industry Networks provide ISVs with comprehensive business insight, technical resources, networking opportunities, and marketing and sales support designed to help them reach more customers and close deals faster. Come see Avistar's 2005 "Lotus Advisor" award-winning and IBM Lotus CTO (Chief Technical Officer) The executive responsible for the technical direction of an organization. See CIO and salary survey. Award Finalist video applications on display in IBM's booth #1561 from November 15-17, 2005, at the BAI Retail Delivery Conference and Expo in Orlando, Fla. For further information, visit www.Avistar.com. About Avistar Communications Corporation Avistar Communications Corporation develops, markets, and supports a video collaboration platform for the enterprise, all powered by the AvistarVOS(TM) software. From the desktop, Avistar delivers business-quality video calling, recording, publishing to web and emails, video-on-demand, broadcast origination and distribution, and document sharing. Avistar video-enables business processes by integrating visual communications into the daily workflow and connecting communities of users within and across enterprises. Founded in 1993, Avistar is headquartered in Redwood Shores, California Redwood Shores is an upscale and desirable [1] waterfront neighborhood on the San Francisco Peninsula in California. It is located on the eastern edge of Belmont, but is actually part of incorporated Redwood City. , with sales offices in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of and London. Avistar's technology is used in more than 35 countries. Collaboration Properties, Inc Collaboration Properties, Inc. (CPI) is a wholly owned subsidiary of Avistar Communications Corporation. It holds US and foreign patents in the primary areas of presence-based interactions, desktop video, recorded and live media at the desktop, multimedia documents, data sharing, . (CPI (1) (Characters Per Inch) The measurement of the density of characters per inch on tape or paper. A printer's CPI button switches character pitch. (2) (Counts Per I ), a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Avistar, holds a current portfolio of 69 patents for inventions in the primary areas of video and network technology. CPI pursues patents for presence-based interactions, desktop video, recorded and live media at the desktop, multimedia documents, data sharing, and a rich-service network video architecture to support Avistar's product suite and customers. CPI offers licenses to its patent portfolio and Avistar's video-enabling technologies to companies in the video conferencing, rich-media services, public networking, and related industries. For more information, visit www.avistar.com. Copyright (c) 2005 Avistar Communications Corporation. All rights reserved. Avistar, AvistarVOS, and the Avistar logo are trademarks or registered trademarks of Avistar Communications Corporation. All other trademarks and registered trademarks are the property of their respective owners. |
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