Accord Networks Recognized by Frost & Sullivan for its Leading Business Development Strategy in the IP Voice and Visual Communications Market
Award ranks Accord® number one in the voice and
visual communications industry.
Friday September 15, 2:31 pm Eastern Time
Press Release
Accord Networks, (NASDAQ: ACCD - news), the leading manufacturer of IP, ATM, and ISDN visual and voice communications solutions including network switches, conference bridges, gateways and management systems known as the V2IPERA(TM) family, today announced that Frost & Sullivan has awarded the company with its 2000 Market Engineering Business Development Strategy Award.
This award is presented each year to the company that has demonstrated excellence in business development within a market. According to new strategic research from Frost & Sullivan, ``Through a combination of vision, technology, and successful marketing, Accord has demonstrated superior market growth skills.''
The award recognizes the company's ability to best perceive customer needs, develop products and/or services that meet those needs, successfully introduce products or services to the industry, and identify new market segments to expand the existing customer base.
According to Roopam Jain, senior market analyst at Frost & Sullivan, ``Accord has shown excellent judgment in understanding end user needs. The company's initiatives, including the recent introduction of the Firewall Gateway for IP voice and visual communications, are expected to contribute to higher market growth rates.''
``We are very excited about this award and pleased that Frost & Sullivan has recognized our contributions to the voice and visual communications market. We will continue to develop the Rich Media Communications solutions that the market requires in order to advance the IP voice and visual communications industry,'' said Phil Keenan, executive vice president of Accord.
About the V2IPERA Family
The Accord V2IPERA family includes a series of advanced IP and broadband products and services that are essential building blocks for service providers, enterprises and institutions to design and successfully implement real-time interactive video- and voice-enabled IP networks that are high-performance, scalable, robust and secure.
The Accord V2IPERA Family of IP and broadband products currently includes the V2GC-20(TM) Firewall Gateway, MGC-100(TM), MGC-50(TM) and MGC WebCommander(TM). It will be extended to include other hardware and software packages designed to address even broader issues that are specific to supporting video and voice over IP networks. The family of products addresses security, Quality of Service (QoS), integrating IP and legacy networks and protocols, and providing additional connectivity options for broadband networks.
About Accord Networks
Accord Networks is the leading manufacturer of networking products that enable Rich Media Communication, including real-time, interactive voice, visual and data collaboration, over IP, ATM, and ISDN networks. Accord's V2IPERA product family includes network switches, conference bridges, gateways, and management systems that make it easy for two or more people to participate in a Rich Media Communication session without having to know the technical characteristics of their network or their video- or voice-enabled system. These systems today could be an Internet telephone, regular telephone, video-PC or videoconferencing system. When integrated into a network solution, Accord's products are uniquely positioned to solve many problems faced by network designers today such as dealing with multiple speeds and feeds, multiple protocols, multiple networks and QoS issues. All of Accord's solutions are managed and controlled under a common management suite. Accord's solutions are used both by end users and by service providers who are offering outsourced solutions to end users. Service providers offering these services include RBOCs, CLECs, ISPs and ASPs.
As well as being highly active on the industry bodies that drive new standards, Accord has repeatedly demonstrated its commitment to lead the industry with its own technology. For example, Accord's advanced transcoding technology is an industry first and is the underlying mechanism that makes Rich Media calls as easy to make as a telephone call. Other leading features such as allowing the caller to modify their screen layout to simultaneously display other callers' video streams and collaborative data windows further enhance the user's productivity. For more information, visit the Company's web site at www.accordnetworks.com.
About Frost & Sullivan
Frost & Sullivan, a global leader in international strategic market consulting and training, presents Market Engineering Awards to companies that demonstrate the diligence, perseverance, and dedication required to develop a successful business plan and excel in the increasingly competitive global marketplace. Frost & Sullivan rigorously analyzes specific criteria to determine Market Engineering Award recipients in a variety of regional and global market landscapes. Founded in 1961, Frost & Sullivan is headquartered in San Jose, CA with offices located worldwide: New York, San Antonio, London, Paris, Frankfurt, Beijing, Tokyo, Singapore, and Mumbai. For further information, visit www.frost.com.
Accord is a registered trademark and MGC-100, MGC-50, MGC WebCommander, V2GC-20 and V2IPERA are trademarks of Accord Networks. |
