In making the announcement,
About CityIS Ltd.
CityIS is a global visual communications company, assisting many Fortune
500 organizations realize their ROI and environmental goals through video
communications. Its technical and commercial consultancy capabilities ensure
that clients optimize videoconferencing to transform the way they communicate.
CityIS underpins its consultation process with an unrivalled breadth of global
services to ensure total project ownership through the delivery, management
and measurement stages, to guarantee a fully managed and successful project
lifecycle. CityIS' unrivalled global coverage spans 92 countries worldwide.
Corporate offices are located throughout EMEA,
About Avistar Communications Corporation
Avistar (Nasdaq: AVSR) creates technology that provides the missing critical element in unified communications: bringing people in organizations face-to-face, through enhanced communications, for true collaboration anytime, anyplace. Its latest product, Avistar C3, draws on more than a decade of market experience to deliver a single-click desktop videoconferencing and collaboration experience that moves business communications into a new era. Available as a stand-alone solution, or integrated with existing unified communications software from other vendors, Avistar C3 provides users instant messaging-style ability to initiate video communications across and outside the enterprise. Patent protected dynamic bandwidth management enables thousands of users to access desktop videoconferencing, VoIP and streaming media, without requiring substantial new network investment or impairing network performance.
Avistar's desktop videoconferencing and collaboration installations are among the world's largest, including commitments of more than 100,000 desktop seats to be deployed in over 40 countries in the coming years. Clients report as much as a 20 percent reduction in travel expense and carbon emissions, increases in productivity and immeasurably improved relationship building within their organizations, as well as with suppliers and customers. Avistar holds a portfolio of 93 patents for inventions in video and network technology and licenses IP to videoconferencing, rich-media services, public networking and related industries. Current licensees include IBM Corporation, Sony Corporation, Sony Computer Entertainment Inc. (SCEI), Polycom, Inc., Tandberg ASA, Radvision Ltd., LifeSize Communications, Inc. and Emblaze-VCON.
For more information, visit http://www.avistar.com.
Forward-Looking Statements
Statements made in this news release that are not purely historical, including but not limited to statements regarding the commitment of 100,000 seats to be distributed worldwide over the next few years and the additional seats that CityIS will deploy over the term of the agreement with Avistar, are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act. Such statements are subject to risks and uncertainties that could cause actual results to differ materially, including such factors, among others, as competition in the unified communications industry and the emergence of new or competing technologies. As a result of these and other factors, Avistar expects to experience significant fluctuations in revenue and operating results, and there can be no assurance that Avistar will become or remain profitable in the future, or that its future results will meet expectations. These and other risk factors are discussed in Avistar's Annual Report on Form 10-K and Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission from time to time. Avistar disclaims any intent or obligation to update these forward-looking statements.
SOURCE Avistar Communications Corporation