OKI Acquires Video Conferencing Systems from TCB Technologies.TOKYO -- Oki Electric Industry Co., Ltd. (TOKYO:6703) today announced it has signed an agreement with TCB See trusted computing base. 1. (jargon) TCB - Trouble Came Back. 2. (security) TCB - (Orange Book) Trusted Computing Base. 3. (operating system) TCB - Task Control Block. Technologies Corp. (TCBT) to acquire TCBT's "Visual Nexus[R]" business, a software-based 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. system. Starting June 2007, OKI will add Visual Nexus to its IP solutions product lineup A criminal investigation technique in which the police arrange a number of individuals in a row before a witness to a crime and ask the witness to identify which, if any, of the individuals committed the crime. to offer to enterprise users in Japan, and over time, to the global market. "Acquiring the Visual Nexus business is in line with our strategy to strengthen OKI's IP communications A general term for networks that use the IP protocol for voice (VoIP) and video traffic. See IP telephony. solutions business, as Next Generation Networks (NGN (Next Generation Networks) An umbrella term for mixed voice and data networks running over the IP protocol. See IP Multimedia Subsystem. ) is expected to expand in full scale among telecom carriers," said Hideichi Kawasaki, Senior Vice President at Oki Electric Industry. "This agreement will enable OKI to continue to provide IP solutions that contribute to the success of enterprises, who are seeking to reduce costs, improve productivity and enhance competitive edge." OKI has been leading the industry by providing IP communication technologies that enable triple play, that is, converging voice, video and data, to the enterprise market. Products of this type include "IP CONVERGENCE Using the Internet Protocol (IP) as the standard transport for transmitting all information (voice, data, music, video, TV, teleconferencing, etc.). See IP, IP on Everything and IP Multimedia Subsystem. [R] Server SS9100," OKI's IP telephony The two-way transmission of voice over a packet-switched IP network, which is part of the TCP/IP protocol suite. The terms "IP telephony" and "voice over IP" (VoIP) are synonymous. server, "CTstage[R] 5i" for contact centers and "VisualCast[R] VBOX-S/500" a digital video recorder See DVR. for IP networks. With this agreement, OKI will be acquiring Visual Nexus' business rights in Japan and overseas, intellectual properties and related equipment. The acquisition will complete on May 21, 2007. Visual Nexus is a PC-based visual IP communication system using high-quality voice, video and data. By installing Visual Nexus, users can communicate whenever, wherever, and with whomever whom·ev·er pron. The objective case of whoever. See Usage Note at who. whomever pron the objective form of whoever: , in a secure manner, whether they are in the office, at home or traveling. Because it is a triple play communication solution, it contributes to nimble nim·ble adj. nim·bler, nim·blest 1. Quick, light, or agile in movement or action; deft: nimble fingers. See Synonyms at dexterous. 2. decision-making, as users can share information regardless of their location. In addition, because the system is compliant with H.323 and SIP,the international standards for videos and IP telephony respectively, users can connect with third party video conferencing terminals and IP telephony systems they are currently using. Visual Nexus started sales in 2003, and currently provides its system to over 200 companies worldwide in the manufacturing, retail and distribution, and financial industries. As the primary distributor of TCBT in Japan, OKI's affiliated company Oki Network Integration Co., Ltd. (OKINET) has been providing Visual Nexus' video conferencing solutions since 2003. OKINET provides a one-stop solution to enterprise users in fields from sales, consultation, operations through to maintenance. OKINET will continue to expand the Visual Nexus business. About Oki Electric Industry Co., Ltd. Founded in 1881, Oki Electric Industry Co., Ltd. is Japan's first telecommunications manufacturer, with its headquarters in Tokyo, Japan. OKI provides top-quality products, technologies and solutions to its customers through its info-telecom system business, semiconductor business and printer business. All three businesses function as a collective force to create exciting new products and technologies that satisfy a spectrum of customer needs in various markets. Visit OKI's global web site at http://www.oki.com/. Notes: * With the business transfer agreement, Visual Nexus becomes a registered trademark of Oki Electric Industry Co., Ltd. in Japan, transferred from TCB Technologies Corp. * CONVERGENCE, CTstage and VisualCast are registered trademark of Oki Electric Industry Co., Ltd. in Japan. * Names of companies and products are trademarks or registered trademarks of the respective companies and organizations. |
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