11:35 am up 90%
Tuesday May 19, 7:00 am Eastern Time
Company Press Release
uniView Technologies Corp. Signs Letter of Intent For Bundling Agreement With NuVision
Technologies, Inc.
uniView Set-Top Boxes to be Packaged With Tandberg Vision 2000 Video Conferencing Systems; Agreement Brings Internet
Access to the Boardroom
DALLAS--(BUSINESS WIRE)--May 19, 1998-- uniView Technologies Corp. (Nasdaq:UVEW - news) has agreed to supply its state-of-the-art convergence
product to NuVision Technologies, Inc. in an effort to integrate Internet access into boardrooms across America. Under the agreement, uniView's innovative
set-top boxes and Internet service will be bundled with the Tandberg video conferencing systems distributed by NuVision.
The agreement calls for the initial purchase of 1,000 uniView(tm) set-top boxes by NuVision, with plans to acquire 11,000 additional units over the next 18
months. In addition, uniView Technologies will supply its uniView Xpressway(tm) Internet service and customer support to NuVision's customers who purchase
the bundled leading-edge systems.
''We are pleased that, with this agreement, our uniView technology will be distributed to businesses seeking innovative communication solutions,'' said Patrick A.
Custer, chairman and CEO of uniView Technologies Corp. ''With televisions in every boardroom, it is exciting to lead the charge in moving Internet access from
the desktop into the meeting rooms of Corporate America.''
The innovative uniView set-top box delivers an array of information, communication, entertainment and education via the television. In addition to surfing the Net,
business-friendly applications of the uniView box include a full-duplex speakerphone, e-mail and fax capabilities, and, with the unit's serial port, the ability to print
results of Internet research and on-line communications. In addition, an interactive organizer provides detailed information for personal contacts, with the ability to
directly call, e-mail, fax or access a website from the organizer's pages with the touch of a button.
''The broad features and benefits of the uniView technology will enhance any corporation's interactive communications,'' said Custer. ''Due to their extensive,
existing reach into this market, it is especially satisfying to team with NuVision and Tandberg in this agreement, which should positively impact revenue
opportunities for uniView Technologies.''
Tandberg's Vision 2000, distributed in the U.S. by NuVision, offers superior quality audio and video in a fully featured rollabout unit. Incorporating plug-and-play
technology, the system can be effortlessly moved within the office environment. With operating speeds of 56 kbps - 384 kbps, the Vision 2000 is an ideal choice
for mid to large group applications and is available with single or dual monitors in 27'' or 32'' versions. The Vision 2000 is also compatible with external network
interfaces, such as leased line or ISDN and allows on-the-fly network selection without the need to reboot or reconfigure the system. Tandberg is one of the
world's largest manufacturers of video conferencing equipment.
''This agreement with uniView Technologies enhances our offering of high-tech communication technology for our customers,'' said Sam Lorimer, president of
NuVision Technologies, Inc. ''We know that the ability to deliver Internet access in larger meeting environments, such as boardrooms and hotel conference rooms
will appeal to our clientele.''
Dallas-based uniView Technologies Corp. develops and implements innovative hardware technologies and solutions to license for a variety of niche set-top box
applications including home healthcare, education, banking, hotel, home office, and consumer electronics.
As an electronics engineering design and marketing company, uniView Technologies has established an advanced standard for connectivity to Internet appliances
and is adopting leading technology from Lucent Technologies, Motorola, Cisco Systems, Inc. and Sun Microsystems, Inc. It also has developed proprietary
software enabling access to the unique features of the uniView product. The company specializes in advanced television solutions and other new interactive and
connectivity technologies, as well. For more information, visit the company's website at www.uniview.net.
Based in Dallas, NuVision Technologies is a leading video conferencing solutions provider, with five offices nationwide. NuVision customers include many Fortune
500 companies.
Tim |
