First Virtual Communications' Click to Meet Express Web Conferencing Solution Helps Securities Firm.Business Editors/High-Tech Writers 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. 2, 2003 Click to Meet(TM) Express 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. helps McMahan Securities Co. L.P. reach more customers as well as improve internal communications  This article's grammar usage needs improvement. Please edit this article in accordance with Wikipedia's .
First Virtual Communications (Nasdaq: FVCXD), a premier provider of rich media web conferencing and collaboration solutions, announced today that McMahan Securities Co. L.P, a registered broker/dealer located in Greenwich, CT, has been able to reach more customers through its use of Click to Meet Express. The web conferencing solution enables McMahan Securities' employees to better serve customers' needs and enhance business relationships while reaching a larger geographic area. "The use of Click to Meet has also helped the company to extend its trading day In Business, the trading day is the time span that a particular stock exchange is open. For example, the New York Stock Exchange is, as of 2006, open from 09:30AM to 4:00PM. Trading days never take place on weekends. ," stated John Miller, chief information officer at McMahan Securities. "Since using Click to Meet Express, our revenues have actually gone up while our cost of doing business has gone down." Miller further commented on the cost savings aspect of the Click to Meet solution, "We've decreased expenses associated with billable phone calls, and we've removed costly direct wires. The most important savings are intangible, however, with better, improved communications company-wide." Bob Romano, vice president of marketing for First Virtual commented, "Through using Click to Meet Express, McMahan Securities has created a very effective team environment. This is a great example for other small-to-medium size businesses as a way to expand customer reach as well as improve internal communications. It's exciting to see Click to Meet being used to actually increase the time people spend with their customers. Often web conferencing is seen as a replacement for that personal interaction, but that's how Click to Meet Express is truly unique - it enhances relationships." McMahan Securities has worked with Brinckmann & Associates, a leading reseller An organization that sells hardware and software to the general public. Resellers purchase products from software publishers and hardware manufacturers. of videoconferencing A real time video session between two or more users or between two or more locations. Although the first videoconferencing was done with traditional analog TV and satellites, inhouse room systems became popular in the early 1980s after Compression Labs pioneered digitized video systems hardware, software and accessories located in Atlanta, GA, in setting up their Click to Meet Express web conferencing network. Brinckmann & Associates Brinckmann & Associates, Inc. provides innovative software solutions, both standard and custom products, for the videoconferencing and integrated collaboration environment Integrated Collaboration Environment (ICE) is defined as the environment in which a virtual team do their work. These environments allow companies to realize a number of competitive advantages by using their existing computers and network infrastructure for group and personal markets. The Company is also a reseller of leading videoconferencing hardware, software and accessories. Brinckmann specializes in solutions that match the customer's requirements. The Company's extensive product offering coupled with its software capabilities, allow Brinckmann & Associates to provide one of the most comprehensive solutions for an organization's videoconferencing needs. 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 See browse. , 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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