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Technology Stocks : PictureTel (PCTL)
PCTL 0.00010000.0%Nov 7 9:30 AM EST

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To: JimBrown who wrote (722)3/25/1998 10:11:00 PM
From: dead cat bounce  Read Replies (1) of 920
 
How's this for good news:

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Tuesday March 24, 5:32 pm Eastern Time
Company Press Release
SOURCE: PictureTel Corporation
PictureTel's LiveLAN Desktop Videoconferencing System Named Product of the Year By Network Magazine
ANDOVER, Mass., March 24 /PRNewswire/ -- PictureTel Corporation (Nasdaq: PCTL - news), the world leader in videoconferencing solutions, has received the Product of the Year award from Network Magazine for LiveLAN(TM) 3.0, a complete H.323 IP-based videoconferencing system.

''PictureTel continues to lead the videoconferencing market in delivering the clearest audio and video you can find,'' according to Network Magazine. ''The collaboration software is another feature that sets LiveLAN apart from its competitors.'' The magazine also applauded PictureTel for its comprehensive videoconferencing solutions. ''The variety of PictureTel solutions available allow corporations flexibility and scalability for mix- and-match environments.'' The full review is in the April issue of Network Magazine.

''PictureTel is a pioneer in H.323 videoconferencing,'' said Peter Mahoney, director of product marketing for PictureTel. ''We co-authored the H.323 standard and with LiveLAN we made it a reality to meet our customers business- quality videoconferencing needs. PictureTel will continue to lead the way in defining the future of H.323 videoconferencing within the expanding IP market. We are honored to receive this award from Network Magazine recognizing our efforts.''

LiveLAN is an H.323 TCP/IP-based videoconferencing client for PCs running Windows(R) 95. Users can purchase LiveLAN as a single unit or complete with LiveGateway(TM), PictureTel's bi-directional gateway product and with LiveManager(TM), a gatekeeper conference management software application. It is available worldwide from PictureTel sales channels.

PictureTel Corporation is the world leader in developing, manufacturing and marketing a full range of videoconferencing solutions. The company's systems meet customers' videoconferencing needs from the desktop to the boardroom. PictureTel also markets network conferencing servers and a comprehensive portfolio of enterprise-wide services. The company provides complete videoconferencing solutions to customers in distance learning, health care and financial services. Additional PictureTel information is available on the Internet at www.picturetel.com. PictureTel videoconferencing eliminates the barrier of distance, enabling people to be Anywhere Now(TM).

PictureTel is a registered trademark and LiveLAN, LiveGateway, LiveMangager and Anywhere Now are trademarks of PictureTel Corporation. Other brands or products are trademarks of registered trademarks of their respective owners.
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