PRESS RELEASE
PictureTel 900 Series Exceeds
Expectations; Global Leaders Standardize on PictureTel iPower
Integrated Collaboration Solutions
ANDOVER, Mass.----Jan. 10, 2001--PictureTel(R)
Corporation, the world leader in integrated
collaboration, today focused industry attention on the significant
success and early marketplace traction it has achieved with the
PictureTel 900 Series(TM), launched in July 2000.
Based on iPower(TM) technologies, developed collaboratively with
Intel Corporation, the PictureTel 900 Series represents a new category
of integrated collaboration solutions. The PictureTel 900 Series
combines videoconferencing, the PC, and the Internet to deliver
intuitive, media-rich remote communications that provide the first
real synonym for face-to-face interaction. In addition, the solution
features the most powerful system management capabilities of any
product in this class of communications equipment.
The success of the PictureTel 900 Series is perhaps best expressed
by new PictureTel customers, loyal users, and committed channel
partners that have been quick to leverage the new iPower integrated
collaboration capabilities. These early adopters include:
ADP The Hartford
Atlas Van International Paper
Lines Corporation
AT&T IBM Corporation
AXA Advisor MBNA America Bank
Bernard Hodes Group National Cancer Institute
Booz-Allen & Hamilton Inc. Nokia Networks
Caterpillar PricewaterhouseCoopers
Coca-Cola Sandia National
Laboratories
CommerceOne Shell
Dow Chemical TRW
FedEx Logistics University of Delaware
Dell Computer Corporation U.S. Air Force
Florida Department of Juvenile Justice U.S. Army
Goldman Sachs & Company U.S. Department of
Commerce
U.S. Department of Veteran U.S. Department of
Affairs Justice
U.S. Office of Immigration U.S. Navy
and Naturalization Vanguard
"Time and time again, customers have been disappointed with
traditional videoconferencing," states Rob Sheeley, president,
Acoustic Communication Systems, a full-service communications
integration company. "In sharp contrast, the PictureTel 900 Series
exceeds all expectations - with broadcast-quality audio and video and,
finally, the practical collaboration capabilities that transform
remote meetings into highly productive working sessions. Customers are
reducing product development cycles, driving the decision-making
process, and reducing the requirement for corporate travel - improving
productivity, bottom line profitability, and boosting morale."
"Very simply, the iPower platform helps businesses remove the
technical obstacles to productivity," says Lew Jaffe, President and
Chief Operating Officer, PictureTel. "Users can share ideas, pull in
experts, and at a high level, make more informed decisions. Industry
analysts predict tremendous growth in the PC-based collaboration
solution market. PictureTel is committed to evolving the iPower
platform to meet growing market demand to continue to exceed customer
expectations."
About PictureTel
PictureTel Corporation (NASDAQ:PCTL) is the world leader in
developing, manufacturing, and marketing a full range of visual- and
audio- collaboration platforms. PictureTel also owns 1414c, a
communications ASP that greatly simplifies the network complexity
inherent in mixed rich media collaboration. PictureTel markets network
conferencing servers in addition to the complete range of end-point
products and delivers a global capability to service, support, and
provide complete solutions for customers needing rich media
communications. PictureTel is fundamentally in the business of
eliminating the barrier of distance, enabling people to be Anywhere
Now.(TM)
This release includes projections and other forward-looking
statements about the company's revenues, earnings, and other measures
of economic performance. Actual results could differ materially from
forecasts due to many factors such as, for example, competitive
pressures, changes in technology, and the difficulty in forecasting in
overseas markets and indirect channels. Additional information
concerning risks that could cause actual results to differ is
contained in the company's annual report on Form 10-K and its Form
10-Q as filed with the SEC. The company undertakes no obligation to
update publicly any forward-looking statements whether as a result of
new information, future events or otherwise.
PictureTel is a registered trademark of PictureTel Corporation.
PictureTel 900 Series, iPower, and Anywhere Now are trademarks of
PictureTel Corporation. All other terms and products names may be
trademark or registered trademarks of their respective owners.
--30--jd/ph*
CONTACT: PictureTel
by
O'Keeffe & Company, Inc.
Betsy Parkins, 610/325-2099
bparkins@okeeffeco.com
or
Nicole Burdette, 610/325-6550
nburdette@okeeffeco.com