Target Technologies appoints CAIL Systems as its Canadian distributor for C-PHONE desktop video conferencing systems; Target begins shipping purchase order for 750 systems.WILMINGTON, N.C.--(BUSINESS WIRE)--April 7, 1995--Target Technologies Inc. (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 : CFON CFON Cape Fiber-Optic Network (Eastern Launch and Test Range) ) announced today that it has appointed CAIL CAIL Canadian Airlines International Limited CAIL CEV (Crew Exploration Vehicle) Avionics Integration Laboratory (NASA Orion CEV Project Space Shuttle replacement) Systems Inc. as its Canadian distributor of C-PHONE desktop 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. systems. Last week, CAIL issued a purchase order indicating its intention to acquire 750 C-PHONE systems. The first part of the order has already shipped. For the past five months, CAIL has been evaluating C-PHONE and the desktop video conferencing marketplace by exhibiting C-PHONE at various trade shows and demonstrating the technology to end-users and resellers throughout Canada. According to Ronald Thompson, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of CAIL: "We selected C-PHONE for CAIL desktop conferencing because of superior performance, capability and value. In addition, Target's management is focused and committed to continue delivering the best desktop video conferencing solutions." Daniel Flohr, chairman and CEO of Target Technologies stated: "We are very pleased that CAIL has joined our expanding global team. CAIL's networking expertise naturally lends itself to the C-PHONE technology. The Canadian market represents a terrific opportunity for video conferencing and for our two companies." Full-featured Phone Systems for Video Conferencing C-PHONE is a video PBX (Private Branch eXchange) An inhouse telephone switching system that interconnects telephone extensions to each other as well as to the outside telephone network (PSTN). phone system that turns networked desktop PCs into videophones featuring real-time, full-motion color video at 30 frames per second with synchronized audio. The system enables users to make live videophone (1) (VideoPhone) A line of videophones (definition #1 below) from AT&T that were introduced in the early 1990s and later pulled off the market due to poor sales. The first models came with a price tag above $1,000, and a pair were needed. See Picturephone. calls from their own desktop PCs to other people on the network. A video conferencing system as well, C-PHONE allows users to make calls over high-speed digital phone lines to remote sites. A hardware and software video solution, C-PHONE has a suggested list price of $1,995 per PC. Further enhancing user functionality is the C-PHONE Multipoint Controller Unit (MCU (1) (MicroController Unit) A computer on a single chip. See microcontroller. (2) (Multipoint Control Unit) A device that is used to moderate a videoconference of three or more end points (users at computers or groups of users ) which provides an interface enabling users to simultaneously view four people on a video conference call, or to view an alternative video source in one or more "windows." The four users can be on the network or calling from remote locations. The C-PHONE MCU has a suggested list price of $3,995. Target Technologies Inc. is a N.C.-based telecommunications developer and manufacturer. Founded in 1986, the company was taken public in August 1994 by Josephthal Lyon & Ross Inc. The company is traded on the NASDAQ National Market. CONTACT: Gibson Communications Glynis Gibson, 312/868-9400 |
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