PROCTER & GAMBLE CHOOSES POLYCOM FOR WORLDWIDE VIDEO COMMUNICATIONS Fortune 25 company leverages interactive video communications to improve productivity and reduce costs. MILPITAS, Calif., April 30, 2001 – Polycom®, Inc. (NASDAQ: PLCM), a worldwide leader in broadband communication solutions, today announced that the Procter & Gamble Company, one of the world’s largest consumer products companies, is standardizing on Polycom’s ViewStation™ products for the videoconferencing needs of its more than 110,000 employees located around the world.
Procter & Gamble leverages the productivity and cost savings offered by interactive video communications for applications including work group collaboration, distance learning, and research and development. The company has currently installed more than 600 Polycom ViewStations with plans to ultimately deploy nearly 1,000 group systems throughout its global offices.
To simplify the management of its vast network of video communications equipment, Procter & Gamble is using Polycom’s Global Management System™ software. In addition to streamlining administration for the company, Global Management System enables IT administrators to increase user satisfaction and lower support costs.
Partnering with a proven industry leader for the company’s interactive video communications needs was a critical requirement for Procter & Gamble, which markets almost 300 different brands to nearly five billion consumers in over 140 countries. The high quality and ease of use of Polycom’s solutions allow Procter & Gamble employees to more easily leverage the benefits of video communications, improving teamwork and significantly reducing travel expenses and lost productivity as a result of travel.
“Polycom is pleased to help Procter & Gamble, a worldwide leader in the consumer products market, meet its global interactive video communications needs,” said Craig Malloy, senior vice president and general manager for Polycom video communications. “Through the use of interactive videoconferencing, Procter & Gamble enables its employees and partners dispersed around the world to have face-to-face meetings, helping the company improve communications, make better decisions faster and maintain its competitive edge in the marketplace.” Polycom ViewStation Polycom revolutionized the videoconferencing industry with the introduction of its ViewStation, the world’s best-selling interactive videoconferencing system (Wainhouse Research, November 2000), which delivers the quality and performance of high-end videoconferencing systems at a fraction of the cost. Available in a broad product range, including ViewStation FX, VS4000, ViewStation MP, ViewStation 128, ViewStation SP128 and SP384 and ViewStation H.323, the product sets the standard for high-performance, affordable and easy-to-use interactive video communications.
About Polycom Located in Milpitas, Calif., in the heart of Silicon Valley, Polycom, Inc. develops, manufactures and markets a full range of premium-quality, media-rich communication tools and network access solutions. Polycom's integrated communication solutions enable business users to immediately realize the benefits of video, voice and data over rapidly growing converged networks. For additional information, call 1-800-POLYCOM (765-9266) or +1-408-526-9000, or visit the Polycom web site at www.polycom.com.
Polycom and the Polycom logo are registered trademarks and ViewStation and Global Management System are trademarks of Polycom in the U.S. and various countries. ©2000, Polycom, Inc. All rights reserved.
This release contains forward-looking statements, including statements about our expectation for future purchases of Polycom products by Proctor and Gamble. These statements are subject to many risks and uncertainties, including potential fluctuations in results and future growth rates, the market acceptance of the company's products, possible delays in the development and shipment of new products, risks that Proctor and Gamble will not order planned volume, 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 1999, and subsequent Form 10-Q filings. |