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PICTURETEL AND TOSHIBA HAVE REACHED AGREEMENT TO EXPLORE BROAD RANGE OF OPPORTUNITIES

 DANVERS, Mass., Aug. 2 /PRNewswire/ -- PictureTel Corporation (NASDAQ-NMS: PCTL) and Toshiba Corporation today announced they have entered into an agreement to explore a wide range of technology opportunities which focus on making live, interactive video communications more practical when used in conjunction with desktop and laptop computing applications. Toshiba also has signed an agreement to distribute PictureTel videoconferencing products in the Japanese market.
 Through this collaboration, Toshiba will provide a wide range of innovative technologies such as semiconductors, cameras, LCDs and information/communications products, as well as a comprehensive sales network and manufacturing capabilities. PictureTel brings to the agreement its video and audio compression, and echo cancellation technologies which, when integrated with Toshiba's technologies, will help to develop future opportunities such as videophones, video and multimedia workstations, and software codecs which could be incorporated in desktop, laptop and PDA platforms.
 "Our agreement with Toshiba will help us investigate new means of achieving sizeable costreductions in interactive visual communications products as well as providing us with state-of-the-art display and camera technologies," said Robert F. Mitro, senior vice president and general manager, worldwide sales and service group for PictureTel Corp. "PictureTel's vision is to Redefine the Way the World Meets, and by establishing distribution and technological relationships with world-class organizations like Toshiba we are able to bring our vision for the future of interactive visual communications into much clearer focus."
 "As videoconferencing has continued to expand during the past three years, we are very pleased to enter into this agreement with PictureTel in order to make videoconferencing more practical and extend its reach to private users," said Akira Kuwahara, vice president of Toshiba Corporation. "We feel that Toshiba is an ideal complement for PictureTel's leading edge visual communications technologies."
 Toshiba Corporation, founded in 1875, is headquartered in Tokyo. Toshiba is a world leader in high technology, manufacturing numerous products in the areas of electronics and energy, and having strong capabilities in communications, computers and semiconductor technologies.
 PictureTel Corporation, headquartered in Danvers, Mass., develops, manufactures and markets a full range of visual telecommunications solutions that are "Redefining the Way the World Meets.(tm)" PictureTel enables worldwide video communications through an easy to use, dial-up family of standards-based videoconferencing systems.
 -0- 8/2/93
 /CONTACT: Ron Taylor of PictureTel Corp, 508-762-5178; Ken Ishihara of Toshiba America, Inc., 212-596-0600; Pam Austin of Rourke & Company, 617-267-0042, for PictureTel /
 (PCTL)


CO: PictureTel Corp., Toshiba America, Inc. ST: Massachusetts IN: CPR SU:

DJ -- NE006 -- 8390 08/02/93 13:00 EDT
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Publication:PR Newswire
Date:Aug 2, 1993
Words:413
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