RADVision V2oIP(TM) Technology Deployed by Talk Visual in First Commercial Next-Gen Video Service
Global Video-Over-ISDN to Video-Over-IP Bridging Service Built Around RADVision's L2W-323 Gateway and NGK-100 Gatekeeper
MAHWAH, N.J., May 31 /PRNewswire/ -- RADVision Inc. (Nasdaq: RVSN), the leading provider of award-winning, industry-standard products and technology for real-time voice and video communication over IP, and Talk Visual Corporation (OTC Bulletin Board: TVCP) today announced that RADVision's market leading V2oIP Family of Enterprise Networking Products are at the core of the first commercial video bridging service, recently unveiled by Talk Visual Corporation.
This new global service enables any ISDN videoconference call to be "bridged" to any IP or ISDN video-enabled desktop system -- anywhere in the world. For the first time in telecommunications history, corporate and individual users can place a videocall to almost any city in the world, with operator mediation, twenty-four hours a day, seven days a week.
The new Talk Visual service is built around RADVision's L2W-323 Gateway and NGK-100 Gatekeeper. This equipment enables the thousands of H.320-based ISDN legacy video systems worldwide and H.323-compliant IP-based systems to connect to one another. This unique inter-operational telecom service dramatically reduces costs by using the IP network.
"As providers of innovative technology for next-generation networks, we are delighted to be working with Talk Visual to shape the future of widespread, reliable and affordable video communications over IP," said Dan Acquafredda, VP Sales at RADVision. "RADVision is committed to providing telecom and IP communication pioneers with market proven, trend setting IP/ISDN solutions for converged voice/video/data services that create new revenue opportunities and save telecom and data transmission costs."
From Talk Visual headquarters in Miami, Florida, President and CEO Eugene Rosov said today, "Working with RADVision's knowledgeable and competent staff of experts has been a great experience. They are a first-rate partner in terms of technology, know-how and collaborative spirit. We believe that the RADVision technology is light-years ahead of any other supplier."
Talk Visual charges 99 cents per minute for bridging an inbound videocall (either ISDN or IP) to any ISDN or (static) IP location in the United States. A modest per-call setup fee of $3.00 to $5.00 is assessed. The service is available to public videocall rooms, private and public corporations, and individuals worldwide. Additional per-minute fees apply to international videocalls. Talk Visual operators will arrange and setup calls between the endpoints for all customers.
About RADVision
RADVision is a leading provider of products and technology that enable real-time voice, video and data communications over packet networks, including the Internet and other networks based on the Internet protocol or IP. RADVision's products and technology are used by RADVision customers to develop systems that enable enterprises and service providers to use next generation packet networks for real-time IP communications. RADVision is actively involved in the development of the industry standards that are driving the emergence and growth of the use of packet networks for real-time communications, and was the first-to-market with enabling technology and the products required for the transmission of real-time voice, video and data over packet networks. As a result, RADVision is well positioned to lead the market with products and technology that enable enterprises and service providers to migrate their voice and video communications from traditional telephone networks to next generation packet networks. The company's products and technology include standards-based gateways, conferencing bridges, gatekeepers and software toolkits. For more information, please visit RADVision's website at: radvision.com.
About Talk Visual Corp.
Talk Visual Corporation (OTC Bulletin Board: TVCP) is a pioneer in the video teleconferencing industry. It is developing global retail facilities to accommodate the growing video-communications needs of two key market segments: businesses and expatriate ethnic populations. Talk Visual can be reached toll-free at 1-877-22VIDEO within the United States, or at 305-572-0575 from abroad.
A list of Talk Visual's videocalling shops is at talkvisual.com. The site allows visitors to order the 4th edition of the company's impressive full-color newspaper. Talk Visual sells pagers at beeperforabuck.com, and will soon launch prepaid telephone sales from prepaidtelephones.com. Information on the new Talk Visual TV225 Video-Telephone can be seen on thevideotelephone.com. In addition, visitors are directed to visit the company's home page at talkvisual.com and click on the FAQ section, and or to read the Chairman's Corner latest weekly message.
Except for historical information contained herein, the statements in this release (including without limitation, statements indicating that the company "expects," "estimates," "anticipates," or "believes" and all other statements concerning future financial results, product offerings or other events that have not yet occurred) are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. Additional information on these and other factors are included in the company's Form 10-KSB for the Fiscal Year ended Dec. 31, 1999, as filed with the Securities and Exchange Commission. This release does not constitute an offer to sell securities.
This press release contains forward-looking statements that are subject to risks and uncertainties. Factors that could cause actual results to differ materially from these forward-looking statements include, but are not limited to, general business conditions in the industry, changes in demand for products, the timing and amount or cancellation of orders and other risks detailed from time to time in RADVision's filings with the Securities and Exchange Commission, including RADVision's Form F-1 registration statement.
All trademarks recognized.
SOURCE RADVision Inc. and Talk Visual Corporation
/CONTACT: Karen Gurwitz, Dir. Corp. Communications, RADVision, Inc.,
201-529-4300, ext. 305, or kgurwitz@radvision.com, or David Seligman, CFO of
RADVision, Ltd., 972-3-645-5446, or Seligman@tlv.radvision.com; or Janeth
Iglesias-Vega, Investor Relations, Talk Visual Corporation, 305-572-0575, or
Info@talkvisual.com/ |
