Avistar Showcases Diversity of Video Communications at SIA Tech Conference; Syntegra's ITS Video Turret, Avistar vBrief Video Email Supported by Latest Software Upgrade.Business Editors/High-Tech Writers SIA Sia (sī`ə) or Siaha (sī`əhə), in the Bible, family returned from the Exile. SIA - Serial Interface Adaptor Technology Management Conference and Expo REDWOOD SHORES, Calif.--(BUSINESS WIRE)--June 18, 2002 Avistar Communications Corporation (Nasdaq: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 ), the leading provider of video communication solutions for the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. industry, will present its technology at the Securities Industry Association's (SIA) Technology Management Conference and Expo in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , June 19-21, 2002. Avistar's video communication technology will be on display both at its own booth (#1862) and at the Syntegra booth (#1506), where it is powering Syntegra's new ITS Video Turret. The event marks the debut of the latest version of the AvistarVOS(TM) video operating system operating system (OS) Software that controls the operation of a computer, directs the input and output of data, keeps track of files, and controls the processing of computer programs. , an open software platform that powers Avistar's desktop video communication systems and can also be integrated with other enterprise software and platforms to enable seamless video collaboration. At the SIA conference, Avistar will be demonstrating vBrief video email, the first application powered by the new vPublisher(TM) module of AvistarVOS(TM) 6.7. Also on display will be Syntegra's ITS Video Turret, powered by Avistar, the first product to incorporate the new Avistar Voice Platform Manager. The ITS Video Turret allows financial traders and sales professionals to access both audio calls and a suite of video applications -- including two-way and multi-party calling, broadcast, record and playback, and video-on-demand -- from the same platform. The integration of voice and video broadens the participation base for conference calls as participants can still connect and interact even if some are on video, some on turrets, others on mobile phones, and still others on conventional phones. The Technology Management event is specifically designed for an audience of securities firms' executives who manage communications, data processing data processing or information processing, operations (e.g., handling, merging, sorting, and computing) performed upon data in accordance with strictly defined procedures, such as recording and summarizing the financial transactions of a , market data, trading room The notion of "trading room" (sometimes used as a synonym of "trading floor", see below) is widely used in financial markets to refer to the office space where market activities are concentrated in investment banks or brokerage houses. support, Web and Internet technology, and other related technology activities. As the leading provider and emerging standard in video communications for the financial services industry, Avistar regards the Technology Management Conference as an optimal opportunity for reaching its primary audience. "Avistar's desktop video applications are helping many of the world's largest financial services firms make money, save money, mitigate risk, and differentiate themselves," said Gerald J. Burnett, 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 Avistar. "They're speeding up communications and increasing productivity. They're assembling virtual teams in seconds, leveraging their best minds across continents and time zones. They're building high-trust relationships with colleagues and clients. This conference gives us an opportunity to show a new group of financial services executives the increasing diversity of our video applications and the impact that face-to-face communication can have on the bottom line." About Avistar Communications Corporation Avistar develops, markets and supports the Avistar vBusiness(TM) integrated suite of video-enabled applications, all powered by the AvistarVOS(TM) software. Avistar integrates video communications into day-to-day business process applications. From the desktop, Avistar delivers TV-quality video calling, recording, publishing, video-on-demand, broadcast, and document sharing. Founded in 1993, Avistar Communications Corporation (Nasdaq:AVSR) is headquartered in Redwood Shores, Calif., 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. 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, ., 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 Communications Corporation, holds a broad portfolio of patents covering the AvistarVOS platform as well as multiple software and hardware video collaboration products. Forward Looking Statements This press release contains forward-looking statements, including, but not limited to, statements regarding the impact of our products in the financial services sector, our customers and business practices. These statements are subject to various risk factors including, but not limited to, acceptance of our technology, general economic conditions, dependence on a limited customer base, rapid technological change and competition. We refer you to the documents that Avistar files from time to time with the Securities and Exchange Commission, in particular the section entitled "Factors Affecting Future Operating Results" in Avistar's annual report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. and its quarterly reports on Forms 10-Q. Avistar, AvistarVOS, vBrief, vPublisher, Avistar vBusiness and the Avistar logo are trademarks or registered trademarks of Avistar Communications Corporation. |
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