EDGE 2020 Goes Virtual
<p>New group video conferencing system delivers TV-like video, H.264 compression, and near CD quality audio in an affordable, easy-to-use system</p>
<p>SYDNEY, Australia. - October 7, 2003 - Polycom®, Inc. (NASDAQ: PLCM), the world’s leader in video and voice conferencing, conference bridges, and integrated web collaboration solutions, has raised the quality and performance standards for video conferencing systems with the introduction of the Polycom VSX™ 7000. This new, entry-level group video conferencing system delivers unparalleled audio and video quality, ease of use and overall value, and is designed to grow with an organisation’s needs.</p>
<p>The Polycom VSX 7000 delivers TV-like video and near-CD-quality audio, and enables more efficient bandwidth use through H.264 video compression, in an affordable system that is easy to deploy, use and manage.</p>
<p>“The audio and video quality of the Polycom VSX 7000 are stunningly satisfying,” said Andrew Davis, managing partner of Wainhouse Research. “Polycom has redefined 'entry-level' by delivering remarkable quality and performance in a system that is easily cost-justified at a time when conferencing and collaboration applications are increasingly mission-critical in organisations with dispersed work groups. The Polycom VSX 7000 will help companies realise significant productivity, competitive and cost-savings advantages from faster decision-making and time to market. Polycom has taken another significant step in making video conferencing more accessible to a broader base of users.”</p>
<p>Polycom VSX 7000 features highly advanced audio and video technologies, including:
CD-quality audio - Polycom’s Siren 14™ Plus (14khz) wideband audio, complemented by an embedded high-fidelity speaker for midrange sound, a subwoofer and 360-degree microphone array, enhance the naturalness of sound.
TV-quality video - ProMotion™ video (60 fields-per-second, full-screen video) provides TV quality previously reserved for more expensive video conferencing systems.
Higher quality over lower bandwidths - H.264 video compression delivers twice the video quality over the same bandwidth or current quality at half the bandwidth. H.264 is also currently available on iPower™ and MGC™ products and is planned for availability as an option on the ViewStation® EX, ViewStation FX and VS4000™ models in early 2004.*
Video and audio error concealment - Another Polycom technology, automated error concealment prevents video and audio dropping out when network traffic becomes heavy. Audio error concealment, introduced for the first time on the Polycom VSX 7000, represents another technology first from Polycom.
Multiple network support - The Polycom VSX 7000 provides customers with a choice of network interfaces, IP, ISDN and Serial/V.35, to suit their environment; especially useful for companies migrating from ISDN to IP networks.</p>
<p>The Polycom VSX 7000 features:
New, customisable user interface - The intuitive user interface can be configured from simple to sophisticated functionality to meet specific business needs through colour themes, camera icons for educational, medical or judicial applications, scrolling user instructions and a Kiosk mode that enables stand-alone kiosk applications to be a reality, such as a banking kiosk in a grocery store.
Simplified dialling - A “recent calls” feature provides a call quick list of up to 99 in-bound and out-bound call numbers enabling users to instantly dial recent meeting participants.
New remote control - Colour coordinated function buttons simplify navigation. Polycom remotes can now be used interchangeably across ViewStation® products and the Polycom VSX 7000.
Call detail reporting - This administrative feature enables easy tracking of call activity, including percentage of IP and ISDN calls, call duration, and total number of calls by network type.
Dual Monitor Emulation - Another technology first: users can now display near and far video side-by-side on a single monitor, saving both space and financial investment in additional displays.
International language support and native language management - Support for 11 language translations in the user interface, remote controls, documentation, web interface and audio keypad confirmation simplify worldwide deployment. International management capabilities enable administrators to access and manage a system through a web interface in their language of choice, regardless of the language in which the actual endpoint is configured.</p>
<p>The Polycom VSX 7000 extends the life of video conferencing investments with:
Integrated multipoint software licenses - Support dial-in and dial-out, mixed-network multipoint capability for up to four sites over IP/ISDN.
Plug-and-play, dual-stream data sharing - People+Content™ enables users to view people and high-resolution content simultaneously, while VisualConcert™ enables high resolution plug-and-play data sharing from a personal computer or laptop.
Advanced embedded encryption - AES encryption enables secure video calls on IP or ISDN. Availability of AES encryption as an option on other Polycom systems is planned for early 2004*.</p>
<p>“Our goal is to make collaboration technology like video conferencing as integral a business tool as the telephone, and as easy to use,” said Jean-Francois Poulain, Vice President and Managing Director, Polycom Asia Pacific. “Users prefer video conferencing because it provides the closest experience to being there. Organisations prefer video conferencing for the cost cutting and productivity enhancing benefits they provide. The Polycom VSX 7000 is a great advance for both audiences, and will ensure that videoconferencing is accessible to everyone.”</p>
<p>Polycom VSX 7000 is an integrated part of the Polycom Office™, a strategy for integrating voice, video, web and data conferencing into a single user experience, and is compatible with other Polycom endpoints, multipoint control units and management systems. The current Polycom line of group video conferencing systems include (from SOHO and entry-level to performance): ViewStation SP, Polycom VSX 7000, ViewStation EX, ViewStation FX, VS4000 and iPower 9000 series.</p>
<p>Pricing and Availability
The Polycom VSX 7000 comes standard with a subwoofer, built-in mid-range speaker, 360-degree microphone array and newly designed remote control. The Polycom VSX 7000 is now available globally through Polycom channel partners beginning at a suggested retail price of US$6,599. The Polycom VSX 7000 includes a standard one-year hardware and 90-day software warranty. For the first year, Polycom also includes a Polycom Standard Service of telephone help desk, software updates and upgrades. Customers can select a higher level of service at very attractive pricing, particularly for multi-year agreements. H.264 will be available for purchase on the ViewStation FX and EX in early 2004.</p>
Polycom, Inc. is the world’s technology leader of high-quality, easy-to-use video, voice, data and web conferencing and collaboration solutions. The Polycom Office™ is our continued commitment to make distance communications as natural and interactive as being there by providing best-in-class conferencing solutions that are interoperable, integrated and intuitive to the user. The Polycom Office is based on industry standards and supported by an open architecture that promotes interoperability in multi-vendor environments and complements leading network infrastructure platforms. For additional information, call 1-800-355-355 or +61 2 9978 8000, or visit the Polycom web site at www.polycom.com.au <http:>
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<p>*Polycom's application of US Generally Accepted Accounting Principles (GAAP) requires disclosure that availability of this feature is subject to change or cancellation.</p>
<p>Polycom, the Polycom logo, and ViewStation are registered trademarks and Polycom Office, iPower, Polycom VSX, Siren14, ProMotion, VisualConcert, MPPlus and People+Content are trademarks of Polycom in the U.S. and various countries. All other trademarks are the property of their respective owners. ©2003, Polycom, Inc. All rights reserved.</p>
<p>This release contains forward-looking statements. These statements are subject to many risks and uncertainties, including the potential fluctuations in results and future growth rates, the market acceptance of Polycom’s products, possible delays in the development, availability and shipment of new products, and risks associated with changes in general economic conditions. Further risks are detailed from time to time in Polycom's SEC reports, including the Form 10-K, for 2001, and subsequent Form 10-Q filings.</p>