PictureTel Announces Oklahoma-based OneNet Selects the PictureTel 900 Series for Distance Learning.Business Editors/Hi-Tech Writers ANDOVER, Mass.--(BUSINESS WIRE)--Aug. 16, 2001 Names iPower Solutions Best-In-Class PC-based Videoconferencing Solution Following Extensive Competitive Evaluation 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 OneNet, Oklahoma's telecommunications and information network for education and government, has selected the PictureTel 900 Series(TM). The PictureTel 900 Series combines the most important communication tools: Videoconferencing, the PC, and the Internet, to enable real-life, content rich integrated collaboration. Following an extensive competitive evaluation, Oklahoma OneNet named the PictureTel 900 Series best-in-class for the category of PC-based videoconferencing solutions and awarded a state contract to PictureTel partner Southwestern Bell
Southwestern Bell Telephone, L.P. . Educational institutions and government offices throughout the state can purchase the PictureTel 900 Series from Southwestern Bell via contract C01112. OneNet anticipates substantial growth in PC-based videoconferencing systems in the coming year. OneNet is a division of the Oklahoma State Regents for Higher Education higher education Study beyond the level of secondary education. Institutions of higher education include not only colleges and universities but also professional schools in such fields as law, theology, medicine, business, music, and art. , operated in cooperation with the Oklahoma Office of State Finance. OneNet has deployed a unique network, utilizing fiber optics fiber optics, transmission of digitized messages or information by light pulses along hair-thin glass fibers. Each fiber is surrounded by a cladding having a high index of refractance so that the light is internally reflected and travels the length of the fiber and wireless technologies to transmit video- and audio-conferencing services to private and public K-12 schools, colleges and universities, and libraries. In addition - OneNet serves courts, hospitals, rural health care delivery systems, research institutions, and law enforcement agencies A law enforcement agency (LEA) is a term used to describe any agency which enforces the law. This may be a local or state police, federal agencies such as the Federal Bureau of Investigation (FBI) or the Drug Enforcement Administration (DEA). . The state has been a pioneering adopter of videoconferencing in the educational arena - harnessing the technology since the early 1970s, beginning with terrestrial microwave technology and later moving to the H.320 and H.323 protocols. "Particularly in the educational arena, videoconferencing opens up a world of experiences for our students," states Bill Johnson Bill Johnson may refer to:
adj. Affected with or characterized by congestion. congested ENT adjective Referring to a boggy blood-filled tissue. See Nasal congestion. , the system is very forgiving and can adapt - during the call - to changing conditions, keeping the call connected and the experience un-interrupted for the user." 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 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, the difficulty in forecasting in overseas markets and indirect channels, or changes in or failure to consummate our announced strategic transaction. 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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