Hoovers Description:
First Virtual's video networking software and other products allow universities, businesses, and government agencies to conduct video marketing, teleconferences, and distance learning. Its products utilize existing telecommunications networks to transmit high-quality live video broadcasts, store videos for on-demand use, and allow videoconferencing from more than two locations. Users of First Virtual's products include IBM, Virginia Tech, and Shanghai Infoport. Most of its sales come through OEMs that have distribution partnerships with the company.
Scheduled to IPO the week of 4/20/98.
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