Frost & Sullivan Analysts Honor Polycom with 2005 Market Leadership Award in Video Conferencing.PLEASANTON, Calif. -- Polycom(R), Inc. (Nasdaq:PLCM PLCM Product Life-Cycle Management PLCM public long code mask PLCM Public Land Code Mask ), the world's leading provider of unified collaborative communications solutions, today announced it has received the prestigious 2005 Market Leadership Award in the Global Video Conferencing See videoconferencing. (communications) video conferencing - A discussion between two or more groups of people who are in different places but can see and hear each other using electronic communications. Market from analyst firm Frost & Sullivan, as detailed in the "World Enterprise 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 Client Systems" report published July 29, 2005. Polycom was noted for its strong product portfolio, global presence, continued technology innovation and standards work, healthy revenue and unit shipment growth, as well as for its strategic alliances with Alcatel, Avaya, Microsoft, Nortel and others to further video conferencing deployment to the desktop. Each year, the Frost & Sullivan Market Leadership Award is given to the company that has exhibited market share leadership through the implementation of market strategy. The recipient has displayed excellence in all areas of the market leadership process, including the identification of market challenges, drivers and restraints, as well as strategy development and methods of addressing these market dynamics. Furthermore, the Award recipient has continually demonstrated solutions for monitoring market changes and for implementing superior market strategies. By utilizing these strategies for success, Polycom is recognized as the market share leader in the video conferencing industry. 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 report: "Polycom continues to dominate the global videoconferencing endpoints market, based on its strong product portfolio and presence in all regions of the world. Polycom leads the global market in terms of revenues and unit shipments for both desktop and group videoconferencing systems. Polycom's strength, which is based on its far-reaching brand name recognition, has helped it maintain its leadership position." "Video conferencing technology has come a long way in recent years, and Polycom has been at the forefront," said SV Purushothaman, conferencing and collaboration program leader with Frost & Sullivan. "Polycom's video conferencing systems deliver high-quality, reliable video together with an excellent user experience enabling businesses to improve productivity among geographically dispersed workgroups. Video's value proposition is more compelling than ever to organizations of all sizes and industries as video systems and broadband have become affordable. We expect broader adoption both among existing video users as well as desktop video solutions to go mainstream. Adoption will also increase among new users who realize the competitive value that today's video conferencing systems can bring to their organizations." According to the World Enterprise Videoconferencing Client Systems from Frost & Sullivan: "Polycom leads the global market with 42.3 percent of the overall market in terms of revenues. This includes both desktop and group videoconferencing revenues. Polycom also leads in the overall market in terms of unit shipments with a 41.1 percent market share. "Polycom has innovated with the introduction of Siren14(TM) technology in its product lines. Polycom's flagship VSX (Verification Suite for X/Open) A testing procedure from X/Open that verifies compliance with their endorsed standards. VSX3 has over 5,500 tests for compliance with XPG3. See XPG. VSX - Verification Suite for X/open. (TM) line now provides Siren14 encoding. Siren14 is a super-wideband audio coding standard that has been approved by the International Telecommunications Union See ITU. (body, standard) International Telecommunications Union - (ITU) ITU-T, the telecommunication standardisation sector of ITU, is responsible for making technical recommendations about telephone and data (including fax) communications systems for PTTs and suppliers. . Polycom is offering this standard in royalty-free licensing terms to improve adoption and the end-user experience of videoconferencing. The increased adoption of Siren14 will definitely improve user experience in videoconferencing by reducing listener fatigue Listener fatigue occurs when the ear tunes out unwanted noises and focuses on the wanted ones. When listening to music for example, the speakers may give off an unwanted hissing noise that the person has to focus out, causing "Listener Fatigue". . "Polycom continues to improve its already extensive product line that addresses all aspects of the conferencing market. It recently announced three more products to its VSX product line -- the VSX 5000, the VSX 7000s, and the VSX 7000e. Moreover, improvements to its VSX software release 8.0 allows Polycom VSX and PVX PVX Potato Virus X systems to be registered on Microsoft Live See Windows Live. Communications Server See network access server, modem server, terminal server and communications controller. (operating system) Communications Server - IBM's rebranding of ACF. 2005 for both point-to-point and multi-point calling. Polycom is also addressing requirements in the High Definition (HD) videoconferencing space by announcing its plans to HD-enable its VSX line of systems by the end of this year. "Enhancements to its product portfolio, innovations like Siren14, and a strong balance sheet have enabled Polycom to retain its position as the market leader for the global videoconferencing endpoints market in 2004. Frost & Sullivan expects Polycom to continue its strategy of innovation and product development to maintain its competitive position in the future. For the above-mentioned reasons, Frost & Sullivan is pleased to recognize Polycom with the 2005 Market Leadership award in the global videoconferencing endpoints market." About Frost & Sullivan Frost & Sullivan, a global growth consulting company Noun 1. consulting company - a firm of experts providing professional advice to an organization for a fee consulting firm business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a , has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics econometrics, technique of economic analysis that expresses economic theory in terms of mathematical relationships and then tests it empirically through statistical research. , and demographics. For more information, visit http://www.frost.com. About Polycom Polycom, Inc. is the worldwide leader in unified collaborative communications (UCC An abbreviation for the Uniform Commercial Code. ) that maximize the efficiency and productivity of people and organizations by integrating the broadest array of video, voice, data and Web solutions to deliver the ultimate communications experience. Polycom's high quality, standards-based conferencing and collaboration solutions are easy to deploy and manage, as well as intuitive to use. Supported by an open architecture, they integrate seamlessly with leading telephony and presence-based networks. With its market driving technologies, best-in-class products, alliance partnerships, and world-class service, Polycom is the smart choice for organizations seeking proven solutions and a competitive advantage in real-time communications and collaboration. For additional information call 800-POLYCOM (765-9266) or 408-526-9000, or visit the Polycom website at www.polycom.com. Polycom and the Polycom logo are registered trademarks and VSX and Siren14 are trademarks of Polycom in the U.S. and various countries. All other trademarks are the property of their respective owners. (C)2005, Polycom, Inc. All rights reserved. This 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. , within the meaning of the "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995, regarding future events, future demand for our products, and the future performance of the Company, including statements regarding the adoption rate of the Siren14 standard. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including the impact of competition for our customers and products, potential fluctuations in results and future growth rates Growth Rates The compounded annualized rate of growth of a company's revenues, earnings, dividends, or other figures. Notes: Remember, historically high growth rates don't always mean a high rate of growth looking into the future. , the market acceptance of Polycom's products, such as voice and video over IP products, and changing market demands, possible delays in the development, availability and shipment of new products, and risks associated with changes in general economic conditions. Many of these risks and uncertainties are discussed in the Company's Quarterly Report on Form 10-Q Form 10-Q See 10-Q. for the quarter ended March 31, 2005, and in other reports filed by Polycom with the SEC. Polycom disclaims any intent or obligations to update these forward-looking statements. |
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