Avistar to Demonstrate Impact of Networked Video at SIA Tech Conference; Customer Presentation to Highlight Scaled Deployment in Financial Services.Business Editors/High-Tech Writers NEW YORK--(BUSINESS WIRE)--June 18, 2001 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 enterprise video communication solutions, will present its technology at the Securities Industry Association's (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 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 through June 21. In addition, at a conference workshop on June 21, a representative from one of Avistar's largest customers, UBS UBS Union Bank of Switzerland UBS United Bible Societies UBS United Blood Services UBS United Buying Service UBS Used Bookstore UBS University Business Services UBS Universal Building Society (UK) UBS Ulaanbaatar Broadcasting System Warburg, will speak on the benefits of video in 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. At booth No. 1828, Avistar will showcase the latest advances in and applications of its VOS An operating system used in Stratus computers. FTX is Stratus' Unix operating system. (TM) video operating system. Integrating a unique set of applications -- multiparty calls, broadcast, record and play and video-on-demand -- into one system, Avistar delivers high-quality interactive video right to users' desktops. Many of the largest financial services institutions have rapidly adopted the Avistar technology and are now experiencing the power of scaled deployment. Some customers log hundreds of thousands of minutes per month on video. The latest software release enables the use of IP networks for video transport and for connection to other endpoints, so customers enjoy a network-transparent experience while benefiting from multiple network options and existing infrastructure. "Many of the world's largest financial services firms are using Avistar's desktop video communications to reap critical business benefits," said Jim Hughes, president of Avistar Systems. "They're collaborating on high-impact, high-speed decisions; leveraging expertise from around the globe; and cultivating high trust relationships with colleagues and clients. This conference provides us with an opportunity to present our video communication solutions to a new group of financial services executives that already appreciate technology's impact on the way they do business." During the conference, Andrew Konchan, Executive Director of eCommerce at UBS Warburg, will speak about "The Benefits of Video Communications in the Financial Services Industry" on June 21, 2001 at 9:15 a.m. The Technology Management event is developed under the guidance of the sponsoring SIA Technology Management Committee. This event is specifically designed for an audience of securities firms executives who manage communications, data processing, market data, trading room support, Web and Internet technology and other related technology activities. About Avistar Communications Corporation Avistar develops, markets and supports a comprehensive suite of networked video communication services for the enterprise. From the desktop, Avistar delivers TV-quality interactive video calling, content creation and publishing, broadcast origination and distribution, video-on-demand, and integrated data sharing. The Avistar video and data collaboration applications are all managed by Avistar's VOS(TM) video operating system. Founded in 1993, Avistar Communications Corporation (Nasdaq:AVSR) 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 Systems Corporation, the design, production and marketing arm of Avistar, and 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, ., which holds a broad portfolio of patents covering Avistar's VOS open platform as well as multiple software and hardware video collaboration products, are wholly owned subsidiaries 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. For more information on Avistar, visit www.avistar.com. Note to Editors: Avistar, VOS, the Avistar logo, and Avistar Systems are trademarks or registered trademarks of Avistar Communications Corporation. All other names used are the trademarks of their respective owners. |
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