Here's is some additional business with Qwest.
Qwest Selects FVC.COM Video Services Solution
Companies Usher in New Era of Two-Way Video Communications Over the Broadband Internet
biz.yahoo.com
SANTA CLARA, Calif., Feb. 29 /PRNewswire/ -- FVC.COM (Nasdaq: FVCX - news), the world leader in broadband video networking, today announced it has been chosen by Qwest Communications International Inc. to support its Internet Protocol (IP)-based video services offering to customers. This is the first customer for FVC.COM's Video Portal service offering.
Qwest has bundled FVC.COM's two-way video services into an innovative IP conferencing service. The result of the collaboration means that with a simple point-and-click, Qwest customers who purchase the service will be able to make two-way video calls as easily as surfing the Web and without the burden of high start-up costs often associated with videoconferencing schemes of the past.
The IP conferencing services are delivered using FVC.COM's Video Operations Center, Web-based Video Portal and the extensive range of broadband video systems developed by FVC.COM during the past five years. The Video Operation Center provides management, security and billing for video calls, video meetings and video broadcast. The services are accessed using FVC.COM's Video Portal, a browser-based interface that brings video applications directly to the desktop.
``Qwest selected FVC.COM to support its video strategy because they are a proven leader in this market and have the ability to scale to accommodate thousands of subscribers and a broad range of services,' said Lew Wilks, Qwest president of Internet and multimedia markets. ``Qwest continues to lead the market by aggressively introducing new services to the business user.'
``By combining Qwest's high-speed broadband services with FVC.COM's video infrastructure and expertise, we are making a quantum leap forward in making two-way video cost-effective and reliable to the enterprise,' said Rich Beyer, president and chief executive officer of FVC.COM. ``FVC.COM and Qwest are ushering in a new era of enterprise video applications, positioning video to become as important to the enterprise as voice and data are today.'
Qwest and FVC.COM have defined a multi-phase agreement to develop and deliver IP-based two-way video services, several components of which are already underway. The parties intend to enter into a definitive agreement regarding the final phase of this collaboration.
About FVC.COM
FVC.COM, the world leader in broadband video networking, designs, manufactures and supports a wide range of high quality two-way and streaming video systems and service offerings that enable applications such as broadband Internet based video calls, conferences, mail and events. These services are designed to video-enable a broad range of Internet commerce portals.
FVC.COM's strategic partners include Accord, Alcatel, Ameritech, Bell Atlantic, British Telecommunications plc, Cisco Systems, Inc., EDS, France Telecom, Nortel Networks, Polycom, Shanghai Telecom, Telstra, White Pine Software and other leading companies worldwide. Further information about the Company is available at fvc.com.
Cautionary Statement
Except for the historical information contained herein, this news release contains forward-looking statements, including, without limitation, statements containing the words, ``believes,' ``anticipates,' ``expects' and words of similar import. Such forward-looking statements have known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of FVC.COM, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others: the ability of FVC.COM to negotiate a definitive agreement with Qwest, FVC.COM's limited operating history and variability of operating results, market acceptance of video technology, dependence on ATM backbone technology, potential inability to maintain business relationships with distributors, suppliers, telecommunications carriers, rapid technological changes, competition in the video networking industry, the importance of attracting and retaining personnel, management of FVC.COM's growth, consolidation and cost pressures in the video networking industry, and other risk factors referenced in FVC.COM's public filings with the Securities and Exchange Commission, including the company's report on Form-10 K for the fiscal year ended December 31, 1998.
SOURCE: FVC.COM
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