Printer Friendly
The Free Library
14,678,647 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

World Exclusive: Talk Visual Perfects IP Videocalls Over The Internet.


MIAMI Miami, cities, United States
Miami (mīăm`ē, –ə).

1 City (1990 pop. 358,548), seat of Dade co., SE Fla., on Biscayne Bay at the mouth of the Miami River; inc. 1896.
, Florida--(BUSINESS WIRE)--Sept. 2, 1999--

(OTC-BB: TVCP). TALK VISUAL CORPORATION Vice-President of Internetworks Vincent A. Lee announced today that the company, working together with technical support and engineering personnel at Cisco Systems “Cisco” redirects here. For other uses, see Cisco (disambiguation).
Cisco System,Inc. (NASDAQ: CSCO, HKSE: 4333 ) is an American multinational corporation with 54,000 employees and annual revenue of US $28.48 billion as of 2006.
 (CSCO CSCO Cisco Systems Incorporated (stock symbol)
CSCO Chief Supply Chain Officer
), Polycom Corporation (PLCM PLCM Product Life-Cycle Management
PLCM public long code mask
PLCM Public Land Code Mask
), UUNet - MCI/Worldcom (WCOM WCOM MCI/Worldcom (stock symbol)
WCOM Windows Component Object Model
WCOM Wireless Communication
) and Telia-Swedtel (the Swedish PTT (1) (Postal, Telegraph & Telephone) The governmental agency responsible for combined postal, telegraph and telephone services in many European countries.

(2) See push-to-talk.

PTT - Post, Telephone and Telegraph administration
), have successfully conducted full-motion superior quality videocalls over the Internet from company locations in Sacramento California to Miami Florida. The full-motion videocalls were conducted using bandwidths between 400 and 768 KBPS.

"The quality of the pictures is the best I've ever seen," said Mr. Lee. "It's indistinguishable from television."

The company retail videocalling centres in Sacramento and Miami are amongst the current constellation of over 20 locations worldwide from which videocalls can be launched and received. The company is in negotiations to open another 200 locations during the next three months. The retail videocalling centres are being connected to Internet backbone (communications, networking) Internet backbone - High-speed networks that carry Internet traffic.

These communications networks are provided by companies such as AT&T, GTE, IBM, MCI, Netcom, Sprint, UUNET and consist of high-speed links in the T1, T3, OC1 and OC3 ranges.
 service providers via T-1 connections.

Commenting on this major achievement for the company, Chairman Michael J. Zwebner said "This is the type of excellent, high-tech work our company can deliver. We believe we rank as the world leader in commercializing the Internet for retail videocalling not only from point-to-point within the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , but also on a global basis. This is, without doubt, the most exciting technical development in the history of our company. It will enable us to connect videocalls for our customers at lower costs, and with better quality."

President and Chief Executive Officer Eugene A. Rosov, currently at the company's Israel retail location in Tel Aviv Tel Aviv (tĕl əvēv`), city (1994 pop. 355,200), W central Israel, on the Mediterranean Sea. Oficially named Tel Aviv–Jaffa, it is Israel's commercial, financial, communications, and cultural center and the core of its largest , commented that "because the company controls all parts and pieces of videocalling service delivery - from reservations to network, to retail locations and financial settlement - Talk Visual Corporation is indeed the world leader in this field. Up until now, we believed we were at least 18 months ahead of any potential competitor. This new and impressively unique achievement by Vinny Lee and his team allows the company at least one additional year to gain market hegemony in the industry."

The company continues to expand its global network, with new locations coming on-line continuously. "We are negotiating in many overseas markets, and aggressively seeking qualified and capable retail partners throughout the world" said Mr. Rosov. "Our activities in Israel serve as a jumping-off point for setting up partnership videocalling locations in Gaza, Roumania, Thailand, Belgium, India, Pakistan and Cyprus. We anticipate locations in these areas coming on-line in the very near future."

A list of all the company's videocalling shops is available on the company's website at www.talkvisual.com. The site describes continuing international operations and also allows visitors to order a regular monthly mailing of the company's impressive full-color newspaper. The third edition of the newspaper is now available.

Talk Visual Corporation (OTC-BB: TVCP) is a pioneer in the video teleconferencing and video e-mail industry. It is developing thousands of globally distributed retail facilities to accommodate the growing video-communications needs of two key market segments: businesses and expatriate ethnic populations. Talk Visual can be reached toll-free at 1-877-22VIDEO within the United States, or at 305 572-0575 from abroad.

Except for historical information contained herein, the statements in this release (including without limitation, statements indicating that the company "expects," "estimates," "anticipates," or "believes" and all other statements concerning future financial results, product offerings or other events that have not yet occurred) are forward-looking statements that are 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, Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. Additional information on these and other factors are included in the company's Form 10-KSB for the Fiscal Year ended Dec. 31, 1998, as filed with the Securities and Exchange Commission.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:1USA
Date:Sep 2, 1999
Words:630
Previous Article:Musicland August Comp Sales Increase 3.0%.
Next Article:United Retail Group Announces August 1999 Sales; August Comparable Store Sales Increase 6%.
Topics:



Related Articles
WORLD EXCLUSIVE: Talk Visual Perfects IP Videocalls Over The Internet.
World Launch Update: Talk Visual Commences Global Business.
Talk Visual Expands Videocall Centres: Mexico, Brazil, Venezuela Now On-Line; Hyatt Hotel in Hong Kong To Launch Videocall Service.
Talk Visual & Hyatt Regency - Hong Kong Launch Asian Videocalling Service; Major Expansion Planned.
Talk Visual Launches Global Visual Casting Program With Major Hollywood Film Company.
Talk Visual Corporation Chairman to Address Share Price Issues.
Private Share Purchase Announced by Talk Visual Corporation Chairman Michael Zwebner.
Talk Visual Launches Pilot Program for Voice-Over-IP.
Talk Visual Announces Breakthrough "Wireless Videocalling".
Sprint Elevates Talk Visual to Carrier Status; Signs Agreement for Voice/Video/Data Transport.

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles