Viseon Names Former SNET President to Advisory Board.Business Editors/High-Tech Writers DALLAS--(BUSINESS WIRE)--Nov. 4, 2003 Viseon, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :VSNI), a global developer of broadband personal video communications solutions, today announced that Ronald M. Serrano has joined the Viseon Advisory Board. Mr. Serrano was president of Southern New England Telecommunications Southern New England Telecommunications Corporation started operations in 1986 as the holding company for The Southern New England Telephone Company. Prior to 1986, The Southern New England Telephone Company had been a minority holding of AT&T until February 1986, when AT&T (SNET n. 1. The fat of a deer. v. t. 1. The clear of mucus; to blow. ) Communication, Information and Entertainment Group from 1995 to 1998. He was responsible for all services including local, long distance, wireless, Internet, cable television, data and yellow page advertising. Previously he was senior vice president of corporate development at SNET. Prior to joining SNET, Mr. Serrano was a partner with Mercer Management Consulting Noun 1. management consulting - a service industry that provides advice to those in charge of running a business service industry - an industry that provides services rather than tangible objects responsible for the company's worldwide telecommunications practice. Today, Mr. Serrano consults with senior executives at major telecom companies. "Under Ron's leadership SNET captured a 50% share of their territory's long distance business in three years, launched and built the area's number one ISP (1) See in-system programmable. (2) (Internet Service Provider) An organization that provides access to the Internet. Connection to the user is provided via dial-up, ISDN, cable, DSL and T1/T3 lines. and twice won the J.D. Power Award as the best long distance company in the U.S.," said John Harris, Viseon's 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. . "Ron was also instrumental in SNET obtaining the first statewide cable franchise in history." Mr. Serrano commented, "Viseon's new VisiFone is an exciting development for consumers and a new and compelling application for broadband. No doubt Viseon faces many challenges in launching this entirely new product category, but I look forward to sharing my experience in launching new products and services in a carrier environment with Viseon." About the Viseon Advisory Board Viseon's Advisory Board was created in September of 2003 to enable Viseon to access the experience and expertise of individuals with diverse backgrounds in telecommunications, technology, finance and marketing. Recently announced members include Walter Sebastian, formerly head of Sony Video Conferencing, Ihsan Essaid of Bank America Securities and Ashton Peery former Chief Strategy Officer for Lucent Technologies. About The VisiFone The VisiFone(TM) is the world's first low-cost broadband 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. . It is a self-contained system that does not require a PC or any external equipment. The VisiFone operates on any broadband connection and home or office network including high-speed Internet connections via DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary or cable modem. The VisiFone is H.323 or SIP compliant and delivers up to 30 frames per second video and crisp audio quality utilizing 128k to 512k of bandwidth. It is compatible with virtually all corporate video conferencing systems, yet at $599, the VisiFone can be used by the over 20 million broadband connected U.S. homes. About Viseon Viseon has been developing, manufacturing and patenting video communication technologies for use by corporations, universities and government agencies since 1994. Its products have been sold under various brand names around the world including Philips, Canon, VTEL VTEL Video Teleconferencing and Gentner. Viseon recently announced a strategy to deliver TV-quality broadband videophones to consumers and businesses directly and through relationships with broadband providers. Viseon currently owns U.S. patent numbers 5,802,281, 6,073,192, 6,397,275 and number 6,519,662. Viseon has also been notified of the allowance of additional patents in Europe and the U.S. and has additional patents pending. FORWARD-LOOKING INFORMATION Information in this news release includes forward-looking statements made pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. All such forward-looking statements involve risks and uncertainties including, without limitation, adverse business or market conditions, the ability to secure and satisfy customers, the availability and cost of materials from suppliers, adverse competitive developments, change in or cancellation of customer requirements, and other risks detailed from time to time as set forth in applicable SEC filings. For more information on Viseon, Inc. visit www.viseon.com |
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