Portuguese Telecom Company Adds Vialta Beamer Videophones to its Product Portfolio
Monday July 14, 7:02 am ET
PT Comunicacoes, S.A Offering Special Videophone Package to Telecom Customers
FREMONT, Calif.--(BUSINESS WIRE)--July 14, 2003--Vialta, Inc, (OTC:VLTA - News) today announced that Portuguese telecom company PT Comunicacoes, S.A has added the Vialta Beamer(TM) videophone to the list of products and services offered to its customers.
"This is a valued added service that will allow our customers to bring video communications into their homes without additional taxes and at the same price of a voice call," said Alvaro Roquette, COO of PT Comunicacoes. "Beamer was chosen for its design and simplicity of installation and use, but also because it allows the customer to continue to use their existing telephone, maintaining all the features that it already has."
"Beamer is a convenient, easy way for people to see their friends and relatives when they can't visit them in person," said Vialta CEO Didier Pietri. "We are very pleased that PT Comunicacoes has chosen the Beamer videophone because it offers quality, value and ease-of-use; and for making Beamer so readily available to their customers."
Beamer instantly adds video to phone calls, offering users a better; more personal way to stay connected to the people they care about. Beamer works with any home phone over a standard (analog) phone line, and there is no additional cost to phone calls.
Beamer has received numerous accolades since it was launched in August 2002, including a "Good Buy" Award from Good Housekeeping magazine based on ingenuity, value and exceptional performance. Beamer also received the Consumer Electronics Association's 2003 "Best of Innovations" award in the telephone category for its value to users, aesthetics, innovative attributes and overall contributions to the quality of life.
Beamer is currently being offered to PT Comunicacoes customers in a package that includes:
* 2 videophones
* a EUR 99 credit on telephone calls (local, regional and national calls)
* a special "Amigos 1-1" price plan (a special call price that gives discounts to a defined telephone number)
About PT Comunicacoes, S.A.
PT Comunicacoes, S.A. is the Portuguese Telecom company responsible for the fixed communications business. It offers the market a wide range of telecommunication products and services that include fixed-call voice, ISDN, IN (Intelligent Network), Rented Circuits, ADSL, Data Services, Internet, Videoconference and terminal equipments like DECT phones, Videophones and PBX among others. In 2002, PT Comunicacoes had an income above 2.400 million Euros and is the market leader with over 4 million clients (that include residential clients, companies and other operators).
About Vialta
Vialta, Inc. develops, designs and markets unique and innovative home entertainment and communications products. Vialta was formed in April 1999 and is publicly traded on the OTC Bulletin Board under the symbol "VLTA". The company is headquartered in Fremont, California with offices in Los Angeles and Hong Kong. More information about Vialta can be found at www.vialta.com.
Forward-Looking Statements
The matters discussed in this news release include certain forward-looking statements that involve risks and uncertainties that may cause actual results to differ materially from those indicated, including, but not limited to, the timely introduction and market acceptance of Vialta's new and existing products, the impact of competitive products, pricing pressures, general economic conditions, and the other risks detailed from time to time in the SEC reports of Vialta, including Vialta's Annual Report on Form 10-K and most recent Quarterly Reports on Form 10-Q. The forward-looking statements contained herein are made only as of the date of this press release, and the company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.
Contact:
Vialta, Inc.
Ken Tenaglia, 510-870-3668
kenneth.tenaglia@vialta-inc.com
or
Edelman for Vialta
Dan Munoz, 650-429-2747
dan.munoz@edelman.com
or
PT Comunicacoes
Rua Andrade Corvo, 6
1050-009 Lisboa
Tel: 21 500 20 00
Fax: 21 356 26 24
www.ptcom.pt
or
Assessoria de Imprensa
Tel: 21 500 75 78
Fax: 21 500 75 01
Email: dggc-ptc@telecom.pt
Source: Vialta |
