BURLINGTON, Mass., Oct. 13 /PRNewswire/ -- VideoServer, Inc.
(Nasdaq:VSVR), the leader in networked conferencing, today announced that it
has been recognized as the fourth fastest growing company in New England by
Deloitte & Touche and Hale and Dorr. The New England Fast 50 program, which
is part of the National Technology Fast 500 program, ranks New England's
50 fastest-growing technology companies based on percentage growth in revenues
from 1992 to 1996.
VideoServer and its CEO, Robert Castle, were honored at an awards ceremony
September 15, 1997 at The Westin Hotel in Waltham, Massachusetts. This year's
Key Note Speaker for the award program was John J. Cullinane, president of the
Cullinane Group and distinguished speaker. "It is an incredible
accomplishment to break out of the thousands of high technology companies and
become one of New England's fast growing companies. It makes these companies
special," said Cullinane.
"VideoServer was the first to introduce a standards-based Multipoint
Control Unit (MCU), providing a bridge between proprietary equipment to
facilitate multipoint conferences," stated Robert Castle, President and CEO,
VideoServer. "VideoServer remains committed to developing next-generation
standards-based products to meet the changing needs of the conferencing
market."
VideoServer, Inc. is the leader in networked conferencing, providing
hardware and software networking solutions for multipoint and multimedia
conferences, enabling users to communicate over a variety of networks and
allowing them to interact as a group. The company's Multimedia Conference
Server (MCS) products provide multipoint conferencing, as well as applications
for conference control, network management and bandwidth management.
Multipoint technology, which is required to manage voice, video, and
data when more than two sites participate in a videoconference, is critical to
the success of the videoconferencing industry. While most videoconferences
still involve only two groups, business realize that the ability to hold
multipoint videoconferences is increasingly necessary for enhancing their
productivity.
About VideoServer
VideoServer, Inc. is the leader in networked conferencing, providing
hardware and software networking solutions for multipoint and multimedia
conferences, enabling users to communicate over a variety of networks and
allowing them to interact as a group.
The company's Multimedia Conference Server (MCS) products provide
multipoint conferencing, as well as applications for conference
control, network management and bandwidth management. The company is
extending its technology to offer easy connectivity of existing and new
conferencing solutions, expected to enable wide deployment of real-time
conferencing to the desktop and over corporate networks and the Internet.
VideoServer sells its products to leading suppliers and integrators of
videoconferencing equipment, telephone carriers, conferencing service
providers, network equipment companies, computer companies and others.
Substantially all traditional videoconferencing vendors OEM or resell
VideoServer's equipment, including PictureTel, VTEL, TANDBERG, British
Telecom, Zydacron, VCON, Fujitsu, Mitsubishi, Sony, Panasonic and SAT.
Telephone carriers and others providing conferencing services using the
company's products include AT&T, MCI and Sprint, each of the regional Bell
operating companies, and many emerging private service bureaus. Partnerships
with computer companies, including Intel and Compaq, and networking equipment
companies, including Cisco Systems and Siemens/Rolm, position VideoServer to
meet the needs of the evolving conferencing market.
Additional information on VideoServer and its products is available at
videoserver.com.
SOURCE VideoServer, Inc.
/CONTACT: Mary Campbell of VideoServer, Inc., 617-505-2188,
mcampbell@videoserver.com or Susan Shelby or Erica Askew of Neva Group
617-441-4000, ext. 252/254, sshelby@neva.com, easkew@neva.com/
(VSVR |
