First Virtual Communications Appoints Mark Reid as Vice President of Engineering.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)--Nov. 19, 2003 First Virtual Communications (Nasdaq: FVCX) First Virtual Strengthens Executive Management Team with Twenty-Year Industry Veteran Who Will Lead Engineering Development and Help Define Future Product Plans 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 the company has appointed twenty-year industry veteran, Mark Reid, to the position of vice president of engineering. In this capacity, Reid will lead the engineering team in the continued development of First Virtual products as well as play a key role in defining future product roadmaps. Reid, who will be working out of First Virtual's Nashua, NH office, has also been named a member of the Company's Executive Council. "I am delighted to add Mark to the First Virtual management team," commented Jonathan Morgan, 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 First Virtual. "His vast experience and his unique ability to understand our customers' needs make him the ideal person to drive our engineering efforts to new levels. I am confident that under Mark's leadership, our product plans, strategies and visions will be effectively executed." Reid joins First Virtual with twenty years TWENTY YEARS. The lapse of twenty years raises a presumption of certain facts, and after such a time, the party against whom the presumption has been raised, will be required to prove a negative to establish his rights. 2. of extensive engineering management and development experience in designing and delivering industry-leading products with such companies as CMGI CMGI Commonly Maintained Grounds Infrastructures CMGI College Marketing Group Information (Services) , VideoServer and PictureTel. Prior to joining First Virtual, Reid was president and CTO (Chief Technical Officer) The executive responsible for the technical direction of an organization. See CIO and salary survey. of ProvisionSoft of Andover, Massachusetts. "Web conferencing and collaboration solutions are key technology purchases for corporate, government and higher education higher education Study beyond the level of secondary education. Institutions of higher education include not only colleges and universities but also professional schools in such fields as law, theology, medicine, business, music, and art. sectors, and these organizations need solutions that are robust, scalable and easily integrated into existing environments," Reid said. "First Virtual's solutions excel in these areas, and we continue to build on our rich heritage of engineering innovation. I look forward to leading this team to deliver the next generation of rich media solutions integrated with our customer's daily communications environment." Reid holds a Bachelor's degree in computer science from Ohio State University Ohio State University, main campus at Columbus; land-grant and state supported; coeducational; chartered 1870, opened 1873 as Ohio Agricultural and Mechanical College, renamed 1878. There are also campuses at Lima, Mansfield, Marion, and Newark. and a Master's degree master's degree n. An academic degree conferred by a college or university upon those who complete at least one year of prescribed study beyond the bachelor's degree. Noun 1. in electrical engineering electrical engineering: see engineering. electrical engineering Branch of engineering concerned with the practical applications of electricity in all its forms, including those of electronics. from Northeastern University Northeastern University, at Boston, Mass.; coeducational; founded 1898 as a program within the Boston YMCA, inc. 1916, university status 1922, fully independent of the YMCA 1948. . About First Virtual Communications First Virtual Communications is a premier provider of rich media web conferencing and communications solutions. The Company's award-winning Click to Meet(TM) product line is enterprise-class software that enables corporate, education, healthcare and government customers worldwide to present, share, sell, train and collaborate. Click to Meet integrates the user's choice of data, audio and multipoint interactive video into existing work environments and into everyday communication tools such as instant messaging, web browsing and e-mail. Click to Meet software solutions are widely deployed in over 1,500 customer locations and excel in such challenging environments such as military intelligence, emergency response, disaster recovery, corporate training and geographically dispersed tele-working locations, among others. 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 has operations in France, United Kingdom, Japan and China. More information about First Virtual Communications can be found at www.fvc.com or by calling 1-800-728-6337 or +1-650-801-6500 outside North America. Cautionary Statement: Except for the historical information contained herein, this news release contains forward-looking statements, 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 continued listing of the Company's securities on The Nasdaq SmallCap Market, the Company's ability to raise additional capital and the reduced liquidity of its capital stock if its securities are de-listed from The Nasdaq SmallCap Market, 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. 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