First Virtual Communications' Click to Meet Express Helps Increase Work Productivity at Beijing Local Taxation Bureau.Business Editors REDWOOD CITY Redwood City, city (1990 pop. 66,072), seat of San Mateo co., W Calif., on San Francisco Bay; inc. 1868. Manufactures include commmunications, electrical, electronic, and medical equipment. , Calif.--(BUSINESS WIRE)--Sept. 17, 2003 Click to Meet(TM) Express provides increased productivity through better communications for 260 users within 19 widely dispersed dis·perse v. dis·persed, dis·pers·ing, dis·pers·es v.tr. 1. a. To drive off or scatter in different directions: The police dispersed the crowd. b. sub-bureaus of the Beijing Local Taxation Bureau in China First Virtual Communications (Nasdaq: FVCX), a premier provider of rich media web conferencing A videoconferencing session via the Internet. In order to interact with other participants, attendees use either a Web application or an application downloaded into their client machines. and collaboration solutions, announced today that its Click to Meet(TM) Express web conferencing solution is helping to increase work productivity through better communications among 19 widely dispersed sub-bureau locations of the Beijing Local Taxation Bureau. "Travel among many sub-bureaus was becoming increasingly costly and time intensive due to the high volume of traffic, coupled with distance," commented Mr. Wu Zai Wu, president and 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 Afanti, a local First Virtual Communications reseller that helped to implement Click to Meet Express at the Beijing Local Taxation Bureau. "Click to Meet web conferencing within the Beijing Local Taxation Bureau enables the Bureau to create and maintain more productive and communicative com·mu·ni·ca·tive adj. 1. Inclined to communicate readily; talkative. 2. Of or relating to communication. com·mu relationships within all the sub-bureaus. With its ease of use and web-based deployment, the technology has been easily incorporated into Tax Bureau's daily work routine, seamless on the desktop." Mr. Wu Zai Wu further commented, "In addition to reducing transportation expenses, implementing this technology has brought the added value Added value in financial analysis of shares is to be distinguished from value added. Used as a measure of shareholder value, calculated using the formula:
v. mo·dern·ized, mo·dern·iz·ing, mo·dern·iz·es v.tr. To make modern in appearance, style, or character; update. v.intr. To accept or adopt modern ways, ideas, or style. technology within China's government. First Virtual's technology is helping the Bureau to lead the way in streamlining desktop communications into everyday workflow." "It's great to see a customer like the Beijing Local Taxation Bureau streamline their business using Click to Meet," stated Bing Liao, vice president of sales for First Virtual Asia-Pacific. "They've been very effective in reducing costs while increasing their work productivity, and that shows directly on their bottom line. Connecting dispersed workgroups and improving communications across an organization is what implementing Click to Meet is all about." Hundreds of users within the Beijing Local Taxation Bureau are already using Click to Meet web conferencing, and hundreds of additional users are expected to deploy the solution moving forward. Mr. Sun Zhi Yuan, project manager of the Beijing Local Taxation Bureau stated, "We are very satisfied with First Virtual's total solution, which will help us increase productivity and save on costs." About Beijing Local Taxation Bureau According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the overall plan formulated by the State Council to implement the financial system of tax division between central and local and establish two tiers of tax agents at central and local levels, the Beijing Local Taxation Bureau was officially founded on August 15, 1994. The Bureau, directly under the municipal government, governs local tax affairs under the direct guide of State Administration of Taxation. For more information, visit www.tax861.gov.cn/. About Afanti Afanti, Inc. was founded in 1999 in Silicon Valley by a team of specialists and industrial experts, and funded by Goldman Sachs The Goldman Sachs Group, Inc., or simply Goldman Sachs (NYSE: GS) is one of the world's largest global investment banks. Goldman Sachs was founded in 1869, and is headquartered in the Lower Manhattan area of New York City at 85 Broad Street. , Sumitomo, and Crystal Venture, etc. One of our main focuses is to design, develop and support hardware and software products, systems and solutions that deliver real-time and on-demand multimedia contents over broadband networks You can assist by [ editing it] now. . As a virtual carrier, our mission is to provide the best solution and service, the super technology of Afanti is only serving for you. For more details, please visit the website: www.afanti.com. About First Virtual Communications Headquartered in Redwood City, California Redwood City is a suburb located on the San Francisco Peninsula in the San Francisco Bay Area of California. Redwood City is the county seat of San Mateo County. As of the 2005 census, the city had a total population of 76,000. , First Virtual Communications is a premier provider of next generation web conferencing and collaboration solutions. It delivers award-winning integrated communications solutions that address the needs of business people who need to work together remotely to collaborate, train, demonstrate or sell. The Company has defined the next generation of web conferencing by adding optional video with easier enterprise deployment and a potentially greater return on investment. The Company's Click to Meet(TM) products provide business quality communication by supporting a wide range of industry standards and work in existing customer environments. The Company's solutions integrate seamlessly with existing tools and methodologies, such as email and web browsing, while extending the advantages of instant messaging Exchanging text messages in real time between two or more people logged into a particular instant messaging (IM) service. Instant messaging is more interactive than e-mail because messages are sent immediately, whereas e-mail messages can be queued up in a mail server for seconds or and collaboration environments, such as MSN Messenger Microsoft's instant messaging (IM) service, which provides text messaging and voice calling. Part of the MSN Network, MSN Messenger clients are available for non-XP versions of Windows, Mac, Pocket PC and MSN TV. For Windows XP, the IM client is Windows Messenger. and Microsoft Exchange Messaging and groupware software for Windows from Microsoft. Exchange Server is an Internet-compliant e-mail system that runs under Windows NT/2000 and Windows Server 2003. It can be accessed by Web browsers, the Exchange client, versions of Outlook and the earlier Windows Inbox. . The Company's innovative solutions are deployed in over 1,400 customer sites worldwide, including Fortune 500 companies, government agencies and service providers with installations of up to 8,000 seats. Additional information about First Virtual Communications can be found on the Web at http://www.fvc.com. Cautionary Statement Except for the historical information contained herein, this news release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. , including, without limitation, statements containing the words, "believes,'' "anticipates,'' "expects'' and words of similar import. Such forward-looking statements have known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of First Virtual Communications, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others: the success of and timely release of Click to Meet(TM) products, the continued increase in sales of the Company's Click to Meet(TM) and Conference Server products, First Virtual Communications' variability of operating results, market acceptance of web conferencing technology, potential inability to maintain business relationships with integrators, distributors and suppliers, rapid technological changes, competition and consolidation in the web conferencing industry, the importance of attracting and retaining personnel, and other risk factors referenced in First Virtual Communications' public filings with the Securities and Exchange Commission, including the Company's report on Form 10-Q Form 10-Q See 10-Q. for the three month period ended June 30, 2003. All trademarks are recognized. |
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