(BSNS WIRE) Kinko's Announces Major Product Deal with Sprint & VTEL Kinko's Announces Major Product Deal with Sprint & VTEL Business Editors & High-Tech Writers VENTURA, Calif. and AUSTIN, Texas--(BUSINESS WIRE)--March 15, 1999-- VTEL(R) Corporation to Provide Systems and Software for Kinko's Newly Enhanced Videoconference System with Sprint Global Network and Managed Video Solutions Kinko's(R) Inc., the leader in business communication services, including the world's largest network of state of the art, retail public access videoconferencing services, today announced it is installing VTEL (Nasdaq:VTEL) videoconferencing systems in 150 locations throughout the US and Canada. Sprint (NYSEQ:FON) is the exclusive provider of the high-speed data transport network and value added video management solutions. Each site will be proactively monitored and managed 24 hours a day, 7 days a week. Sprint technicians and operators are available for real time technical assistance. Kinko's customers also enjoy the highest quality video service available anywhere -- from 800-number reservations, multi-point connectivity, file sharing, real time technical assistance, and immediate billing. The creation of this exciting service offering is the result of a successful alliance among three leaders in their fields -- Kinko's as a business communications services provider, Sprint as carrier and managed network services provider and VTEL as vendor for easy-to-use videoconferencing hardware and software. The alliance delivers a robust and affordable videoconference solution for both the general business and consumer markets. "Our typical customer is needs-driven, time-constrained and looking to easily communicate ideas and information. These enhancements to our videoconferencing system enable us to provide another communication tool that increases productivity and allows our customers to save time and money, and express themselves visually," says Rick Davis, Kinko's vice president of product management. Kinko's videoconferencing customers will experience improved video and audio quality with the new service with VTEL's easy-to-use PC-based systems and newly enhanced SmartVideoNet Manager(tm) network management software. "VTEL's vision is to make videoconferencing and collaboration as easy and usable as possible," says Stephen Von Rump, VTEL chief operating officer. "Kinko's network enables consumers to experience a videoconference that is already up and running, conduct their meeting and never have to worry about setting up or managing the call. Our user-friendly interface makes it all possible. With Kinko's unparalleled dedication to customer service and the strength and reliability of Sprint's network, together we're making videoconferencing a powerful and easy reality." Sprint operates one of the world's largest broadband, full-motion, broadcast-quality videoconferencing networks. Recognized nationally for its speed and reliability, the robust Sprint network is backed by industry-leading service level agreements (SLAs) and security assurances. In addition to the current deployment of Sprint ION(sm), an integrated on-demand network that provides voice, video and data services with virtually unlimited bandwidth, enhanced videoconferencing is a logical step in the Sprint strategy to support its customers' real-time business needs. In addition to superior video and audio, Kinko's provides its videoconferencing customers add-on services such as Internet access, auto-send document cameras, and lap-top connectivity for PowerPoint presentations on large 32-inch television monitors. File transfer, sharing and collaboration also will soon be provided. "The combination of the video and network management services by Sprint, the availability of Kinko's in North America, and VTEL's hardware and software solutions offer powerful brand recognition for today's smart consumers," said Kathryn Walker, vice president of product management, Sprint Business. "Businesses now have enhanced access to the industry's highest quality, most convenient and product-enhanced videoconferencing solutions designed to meet expanding business needs. By participation in this venture, Sprint continues to demonstrate its commitment to helping businesses do more by offering reliable, cost effective end-to-end solutions that work." Founded in 1970 with one store, Kinko's has evolved into the leading global retail provider of document copying and business services. Kinko's offers complete business solutions for the retail customer, the small-office/home-office market, mobile professionals and the corporations with complex, high-volume document needs. Kinko's currently operates more than 960 retail locations in the United States, Canada, the Netherlands, Japan, South Korea, Australia, China, the United Arab Emirates and Great Britain. VTEL Corporation is a leading developer and manufacturer of Digital Visual Communications(SM) technology. The company is committed to expanding its leadership position by providing the world's most innovative video networking software, service and systems. VTEL's cutting-edge products bring visual communications from the desktop to the boardroom, incorporating data networks and the Internet. With headquarters in the United States, Europe and Asia, the company distributes products through value-added resellers and partners in 61 countries. VTEL's Digital Visual Communications products are deployed in the most advanced corporations, healthcare facilities, educational institutions and government operations around the globe. Sprint is a global communications company -- at the forefront in integrating long distance, local and wireless communications services and one of the world's largest carriers of Internet traffic. Sprint built and operates the United State's only nationwide all-digital, fiber optic network and is the leader in advanced data communications services. Sprint has $17 billion in annual revenues and serves more Headquartered in Ventura, Calif., Kinko's is a privately held corporation with more than 24,000 co-workers worldwide. For additional information, call 800/2-Kinkos, or visit the company's Web site at kinkos.com. VTEL is a registered trademark of VTEL Corporation, Austin, Texas. SmartVideoNet Manager is a trademark of VTEL Corporation. Digital Visual Communications is a servicemark of VTEL Corporation. VTEL Web site: vtel.com Sprint Corporation, headquartered in Kansas City, Mo., has more than 50,000 employees worldwide. In 1996 Sprint, Deutsche Telekom and France Telecom established Global One, one the world's largest international telecommunications service providers. For further information, visit www.sprint.com. All other trademarks mentioned in this release are the intellectual property of their respective owners. --30--sw/sa* CONTACT: Duffey Communications Rick Toller, 404/266-2600 rickt@duffey.com or Lauren Sidman, 404/266-2600 lsidman@duffey.com or Kinko's Laura McCormick, 805/652-4129 lauram@kinkos.com or Sprint Edith Esquenazi, 972/405-5318 edith.esquenazi@mail.sprint.com or VTEL Dave Kamp, 512/437-2636 david_kamp@vtel.com KEYWORD: TEXAS INDUSTRY KEYWORD: TELECOMMUNICATIONS COMPUTERS/ELECTRONICS COMED PUBLISHING RETAIL Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com *** end of story *** |