First Virtual Communications Secures Additional Contract for Approximately $1.0 Million for Japan's Nationwide Education Initiative.Business Editors/High-Tech Writers SANTA CLARA Santa Clara, city, Cuba Santa Clara (sän`tä klä`rä), city (1994 est. pop. 217,000), capital of Villa Clara prov., central Cuba. , Calif. & TOKYO--(BUSINESS WIRE)--April 17, 2002 First Virtual Communications(Nasdaq:FVCX): First Virtual's 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 Technology Selected for Increased Deployment Throughout Japan's Educational System First Virtual Communications (Nasdaq: FVCX), a leading provider of Web conferencing and collaboration solutions for IP, ISDN ISDN in full Integrated Services Digital Network Digital telecommunications network that operates over standard copper telephone wires or other media. and ATM networks, today announced it has secured an additional contract for approximately $1.0 million as the continued rich media Web conferencing and collaboration technology provider for Japan's ongoing education initiative. "We are pleased to have been selected for an additional contract for this project which is deploying web-based rich media conferencing systems for use in both public schools and local government offices throughout Japan," said Mr. Shigeru Ota, General Manager of First Virtual Japan. "This project leverages our strong technology presence within the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. education market and shows momentum for our efforts in the Pacific Rim Pacific Rim, term used to describe the nations bordering the Pacific Ocean and the island countries situated in it. In the post–World War II era, the Pacific Rim has become an increasingly important and interconnected economic region. . No other technology provides this range of scalability in a complete, end-to-end solution (jargon) end-to-end solution - (E2ES) A term that suggests that the supplier of an application program or system will provide all the hardware and/or software components and resouces to meet the customer's requirement and no other supplier need be involved. Compare: turn-key solution. ." Since its inception in 1998, the education initiative in Japan has expanded to over 500 local government offices and public schools. Tomen, a First Virtual reseller in Japan, has been implementing First Virtual's Conference Server and Web client software technology for this initiative. To date, there are over 8,000 ports servicing hundreds of thousands of users in what is now one of the world's largest IP, rich media installations in the world. About First Virtual Communications First Virtual Communications is a world leader in providing Web conferencing and collaboration solutions to enterprises, telecommunications service providers A Telecommunications Service Provider or TSP is a type of Communications Service Provider that has traditionally provided telephone and similar services. This category includes ILECs, CLECs, and mobile wireless companies. and government agencies. By enabling interactive voice, video, chat and data collaboration See data conferencing. over IP, ISDN and ATM networks, First Virtual provides cost-effective, integrated end-to-end solutions for large-scale deployments to enterprise desktops. The Company's flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. , Click to Meet(TM), provides a complete framework for delivering a new generation of video-enabled Web collaboration applications that address the real-time communications needs of companies worldwide. Click to Meet can be integrated seamlessly into popular messaging 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/Outlook. First Virtual serves its customers through a worldwide network of resellers and partners. Additional information about First Virtual Communications can be found on the Web at www.fvc.com. 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: market acceptance of video technology, potential inability to maintain business relationships with telecommunications service providers, distributors and suppliers, rapid technological changes, competition and consolidation in the video networking 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-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. for the year ended December 31, 2001, as amended, filed with the Securities and Exchange Commission. All trademarks are recognized. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion