Northrop Grumman Chooses RADVISION's Video Conferencing Solutions to Power Department of Defense Communications Platform.FAIR LAWN Fair Lawn, borough (1990 pop. 30,548), Bergen co., NE N.J., across the Passaic River from Paterson; inc. 1924. It is residential with light industries. , N.J. -- RADVISION LTD LTD 1 Laron-type dwarfism 2 Leukotriene D 3 Long-term depression, see there 4. Long-term disability . (Nasdaq: RVSN RVSN Radvision (stock symbol) RVSN Recorded Volume Serial Number (Veritas) RVSN Raketnye Voiska Strategicheskogo Naznacheniya (Russian strategic rocket forces) ): --Total Contract Awarded Is Estimated to Be Largest Single Federal Government Acquisition of IP Video and Audio Conferencing See audioconferencing. Services and Equipment. RADVISION Technology Supplied Directly to Northrop Grumman Northrop Grumman Corporation (NYSE: NOC) is an aerospace and defense conglomerate that is the result of the 1994 purchase of Grumman by Northrop. The company is the third largest defense contractor for the U.S. as well as Through an OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and Agreement with Cisco RADVISION LTD. (Nasdaq: RVSN) today announced that Northrop Grumman Corporation (NYSE NYSE See: New York Stock Exchange : NOC (Network Operations Center) A central or regional location for monitoring a large network. Also called a "network management center" (NMC), "service management center" (SMC) or "network control center" (NCC), a NOC may be used to manage a large enterprise network, ) has selected RADVISION's 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. technology to enable the rich media conferencing and collaboration platform An emerging category of computer software, collaboration platforms are unified electronic platforms that support synchronous and asynchronous communication through a variety of devices and channels. that it is developing for the Department of Defense (DOD (1) (Dial On Demand) A feature that allows a device to automatically dial a telephone number. For example, an ISDN router with dial on demand will automatically dial up the ISP when it senses IP traffic destined for the Internet. ), through the Defense Information Systems Agency (DISA 1. (body) DISA - Defense Information Systems Agency. 2. (standard) DISA - Data Interchange Standards Association. ). This contract is estimated to be the largest single acquisition of IP video and audio conferencing services and equipment awarded to date in the federal government. Northrop Grumman was awarded the contract to develop the new Defense Video System version II (DVS-II) for the Defense Information Systems Agency (DISA). RADVISION will supply Northrop Grumman its iVIEW(TM) software suite as part of the solution. Additionally, Northrop Grumman will utilize networking solutions from Cisco, including Cisco's Internet Protocol Video Conferencing (IPVC IPVC Instituto Politécnico de Viana do Castelo IPVC Internet Protocol Videoconferencing (Cisco) IPVC Issue, Presentation, Version, Component IPVC Ip Based Video Conferencing ) Multipoint Control Units and Gateways which are sourced from RADVISION, under an OEM agreement. RADVISION's revenue related to this contract is estimated at between $6 million to $8 million and is expected to be recognized over the next 15 months. RADVISION's technology is designed to provide seamless interfacing with government encryption devices and provides real-time video, voice and data communications while delivering a level of video and audio quality that equals that of wireline communications. DISA develops and provides interoperable command, control, communications, computers and intelligence systems to serve the needs of the Department of Defense components during peace and war. The DVS-II project will provide real-time services that allow simultaneous video and audio with multi-point and point-to-point conferencing to serve both field and command communications. "The DVS DVS Det Vill Säga (Swedish) DVS Descriptive Video Service DVS Dynamic Voltage Scaling DVS Driver and Vehicle Services (Minnesota) DVS Digital Video System DVS Digital Video Services II requirements are far beyond any currently fielded system, and DISA wants a network-centric solution to grow well into the future," said Dr. Jack Anderson, DVS-II technical lead and communications manager for Northrop Grumman. "We have found that RADVISION technology can provide a feature-rich multiparty video conferencing solution that is battle-proven, highly scalable, and that can seamlessly connect an unlimited number of users under any conditions." Northrop Grumman will design and deploy the new video teleconferencing and collaboration hubs for networks supporting defense operations worldwide. This solution provides a full set of rich media communications features including video, web and audio, call center and network management products. RADVISION in turn will supply professional services, hardware, software and lab and maintenance services. "RADVISION technology has long been an important infrastructure component of the Department of Defense (DOD) collaboration network, providing both field and command communication solutions that have been battlefield tested and have supported tens of thousands of military users," said Boaz Raviv, RADVISION's CEO-designate. "With this contract, RADVISION will become an even more integral part of the DOD IP networks." "Cisco has had a long-standing relationship with RADVISION and has teamed with RADVISION in its line of IPVC MCUs and gateway products," said Bruce Klein, Cisco's federal area vice president. "RADVISION's ongoing commitment to provide Cisco with the best multiparty conferencing components available in the market has supported this significant win and others over the years." About RADVISION RADVISION (Nasdaq: RVSN) is the industry's leading provider of high quality, scalable and easy-to-use products and technologies for videoconferencing, video telephony, and the development of converged voice, video and data over IP and 3G networks. For more information please visit our website at www.RADVISION.com. About Northrop Grumman Northrop Grumman Corporation is a global defense company headquartered in Los Angeles, Calif. Northrop Grumman provides technologically advanced, innovative products, services and solutions in systems integration, defense electronics, information technology, advanced aircraft, shipbuilding and space technology. With more than 125,000 employees, and operations in all 50 states and 25 countries, Northrop Grumman serves U.S. and international military, government and commercial customers. This press release contains forward-looking statements that are subject to risks and uncertainties. Factors that could cause actual results to differ materially from these forward-looking statements include, but are not limited to, general business conditions in the industry, changes in demand for products, the timing and amount or cancellation of orders and other risks detailed from time to time in RADVISION's filings with the Securities Exchange Commission, including RADVISION's Form 20-F Annual Report. These documents contain and identify other important factors that could cause actual results to differ materially from those contained in our projections or forward-looking statements. Stockholders and other readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. We undertake no obligation to update publicly or revise any forward-looking statement. |
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