PictureTel Announces Business Computer Technology Institute has Selected the PictureTel 600 Series; iPower Solution Delivers Integrated Collaboration for Distance Learning.Business Editors ANDOVER, Mass.--(BUSINESS WIRE)--June 22, 2001 PictureTel(R) Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :PCTL PCTL Percentile PCTL Prioritized Candidate Target List ), the world leader in integrated collaboration, announced today that Business Computer Technology Institute (BCTI BCTI Business Computer Training Institute BCTI Battlefield Control Terminal Interface ) has purchased the PictureTel 600 Series(TM) integrated 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. - the first comprehensive collaboration solution in a compact, set top package - to enhance its technology course offerings to remotely located students. The PictureTel 600 Series became generally available for shipment to customers, Monday, April 30, 2001. The PictureTel 600 Series, jointly designed and manufactured with Sharp, draws on PictureTel's revolutionary iPower(TM) architecture and Sharp's world-class expertise in the development and manufacturing of electronic and PC-based products. The PictureTel 600 Series is a next-generation collaboration tool A collaboration tool is something that helps people collaborate. The term is often used to mean collaborative software, but collaboration tools were being used before computers existed, a piece of paper can for example can be used as collaboration tool. - combining the most important business communication resources: The PC, the Internet, and 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 , to deliver critical information and decision-making power - when and where they are needed. The Business Computer Training Institute is a private vocational school offering a 7 1/2-month basic computer and business training certificate program designed to qualify graduates for entry-level employment. The Institute offers a variety of technology courses at eight Washington and Oregon locations. "Today's knowledge-driven economy demands that employees at all levels have at least a basic understanding of office and information technology," Thomas D Thomas D. (born Thomas Dürr, December 30 1968 in Ditzingen close to Stuttgart, Germany) is a rapper in the German hip hop group Die Fantastischen Vier. He frequently works on solo projects. Life After finishing Realschule he took on an apprenticeship as a barber. . Jonez, BCTI's co-CEO. "At the same time, many organizations and schools are challenged to provide the education necessary to produce skilled workers. The PictureTel 600 Series will enable us to offer courses to students who do not necessarily fit the classic mold. By using the PictureTel technology, we can expand our campuses without having to add significant management overhead since our corporate office will be able to communicate with branch personnel face-to-face. Eventually, we may even offer some of our classroom training using the PictureTel 600 Series. The integrated collaboration technology will potentially allow students to attend class in a more convenient location - often saving time and expense and opening up new educational opportunities for these students." "The PictureTel 600 Series, the second product offering in our iPower family, is ideal in an educational environment, especially for the technology education offered by BCTI," says Norman Gaut, chairman and chief executive officer, PictureTel. "The PC-based PictureTel 600 Series easily incorporates many of the PC applications BCTI students must master. Whether it is Microsoft Word A full-featured word processing program for Windows and the Macintosh from Microsoft. Included in the Microsoft application suite, it is a sophisticated program with rudimentary desktop publishing capabilities that has become the most widely used word processing application on the market. , Excel, or PowerPoint, remotely-located students will soon be able to simply access the application during a videoconference vid·e·o·con·fer·ence n. A teleconference using video technology, such as closed-circuit television. vid call, work hand-in-hand with an instructor, and receive instant, real-time feedback on lessons learned." About PictureTel PictureTel Corporation (NASDAQ:PCTL) is the world leader in developing, manufacturing, and marketing a full range of visual- and audio- collaboration platforms. PictureTel markets network conferencing servers in addition to the complete range of end-point products and delivers a global capability to service, support, and provide complete solutions for customers needing rich media communications. PictureTel is fundamentally in the business of eliminating the barrier of distance, enabling people to be Anywhere Now(TM). This release includes projections and other 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. about the company's revenues, earnings, and other measures of economic performance. Actual results could differ materially from forecasts due to many factors such as, for example, competitive pressures, changes in technology, and the difficulty in forecasting in overseas markets and indirect channels. Additional information concerning risks that could cause actual results to differ is contained in the company's annual 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. and its Form 10-Q Form 10-Q See 10-Q. as filed with the SEC. The company undertakes no obligation to update publicly any forward-looking statements whether as a result of new information, future events or otherwise. PictureTel is a registered trademark of PictureTel Corporation. PictureTel 900 Series, iPower, and Anywhere Now are trademarks of PictureTel Corporation. All other terms and products names may be trademark or registered trademarks of their respective owners. |
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