To: margin_man who wrote (959 ) 9/27/1999 7:12:00 PM From: Atticus Read Replies (1) | Respond to of 2241
Margin Man, Thought you might find this interesting. I find it encouraging since I still own it!messages.yahoo.com Ptel/Intel extend marketing agreement by: robust1_99 2006 of 2006 Apparently Intel still has confidence that PCTL will weather the storm of their current financial difficulties - by evidence of the following press release. I rec'd this as a registered user of ProShare desktop systems. Intel and Ptel had been sharing revenues of this product for the previous six months with the lion's share going to Intel. With a fairly wide installed base, and steady growth - this is a cash-cow 'gift' that could contribute to Ptel's bottom-line. PICTURETEL AND INTEL EXTEND MARKETING AGREEMENT TO INCLUDE THE INTEL(R) PROSHARE(R) VIDEO SYSTEM 500 Effective September 27, 1999, PictureTel Corporation will have exclusive worldwide distribution rights to sell and support the Intel(r) ProShare(r) Video System 500. This extends the current agreement, announced on January 19, 1999, in which PictureTel gained exclusive worldwide distribution rights to sell and support the Intel(r) TeamStation(tm) System. Intel and PictureTel also agreed in January to develop a common PC-based platform for a next generation of business-quality video conferencing systems. Under the agreement extension, resellers and customers will continue to buy the Intel ProShare Video System 500 through normal distribution channels. The distribution channels simply source the product from PictureTel (PictureTel SKU: PS500) rather than Intel. The Intel ProShare Video System 500 will remain the same in terms of functionality and will continue to be manufactured by Intel. For more detailed information please contact PictureTel at (978) 292-5000 or visit their Web site at:picturetel.com This marketing agreement will make it is easier and more cost effective for customers and channel members to source a complete video conferencing solution from PictureTel, the industry leader in visual collaboration. For more information about Intel PC-based video conferencing products for business, visit our web site at:intel.com ; Regards, At.