Polycom Announces Breakthrough New Products and Interoperability Solutions for Video, Voice and Web Conferencing, and Collaboration

Significant New Products Include: the First Unified Conference Experience; a Class-Defining Entry-Level MCU; a Breakthrough Mid-Range Video Conferencing System; Four New Integrated Video Systems for High-End Environments; the First Wideband Conference Phone; the Industry's Most Extensive Multi-Vendor Scheduling and Management Solution; and the First Comprehensive Global Enterprise Support Program for End-to-End Collaboration Solutions

Polycom Also Delivers Integrated Conferencing and Collaboration Through Major Quality, Ease-of-Use and Accessibility Advancements, and Enhanced Manageability and Interoperability Across its Entire Product Line

PLEASANTON, Calif., Feb. 24, 2003 -- Polycom(R), Inc. (Nasdaq: PLCM), the world's leader in video and voice conferencing, conferencing bridges and integrated web collaboration solutions, today extended its technology leadership and expanded its portfolio of industry first developments with revolutionary advancements across its entire product line designed to increase the adoption of conferencing and collaboration technology by significantly improving the ease of use, quality, accessibility, management, and interoperability of today's solutions.

In six separate press releases issued today, Polycom made major announcements across its industry-leading line including significant breakthroughs in voice, video, data and web conferencing, and collaboration solutions. Together, these announcements are designed to foster wider adoption of conferencing and collaboration solutions such as video conferencing.

"Customers demand conferencing and collaboration solutions that have a significant impact on their critical business priorities," said Robert Hagerty, chairman and CEO of Polycom. "They want solutions that help them reduce product development time cycles, improve the pace of innovation, and enable more effective communication and collaboration throughout their organization. Those solutions need to be high quality, simple to use, adaptable to their specific needs, and work well within their network environment. Polycom is delivering on these customer needs through the Polycom Office commitment of an integrated end-to-end solution, whether it's video, voice, data, or web -- or any combination. The revolutionary developments announced today will reset standards for quality, functionality, and interoperability in conferencing and collaboration. Our solutions conquer the issues of communicating at a distance, by enabling people to connect any way they want through communication and collaboration experiences that are as natural as being there in person."

The six additional announcements Polycom issued today include:

Video Conferencing and Collaboration Systems:

Polycom Delivers Breakthrough New Video Conferencing and Collaboration Products -- Polycom today introduced breakthrough new products and enhancements to its industry-leading video conferencing and collaboration solutions, including the industry's first video system and multipoint control unit (MCU) support for H.264*, a new video technology that delivers improved video quality over lower bandwidths. Polycom also introduced the ViewStation(R) EX, a feature-rich video conferencing system that sets a new industry benchmark for performance, quality, and functionality in a mid-range system. Addressing demand for top-of-the-line, integrated video, audio, display and furniture systems, Polycom today introduced the Executive Collection -- four new integrated systems available in installed-room and free-standing designs that will raise the industry standard for performance, versatility and aesthetics in complete, integrated systems.

Other advancements will include People+Content(TM) and Conference on Demand integration and enhanced iPower(TM) functionality including: embedded People+Content streaming, conference call recording, a new Bluetooth wireless tablet, and more. Advancements to ViewStation FX and VS4000(TM) systems include improved collaboration, ease-of-use, flexibility, and manageability. Enhancements to ViaVideo(TM) desktop systems include enhanced functionality, quality, and ease-of-use. Combined, the advancements improve the quality of the user experience and make video communications easier to use and more accessible to a broader base of users.

Conferencing and Collaboration Infrastructure Systems: (MCUs)

Polycom Delivers Breakthrough Entry-Level MCU, Revolutionary Audio, Video, and Web Conferencing Integration, and Unrivaled Video MCU Capabilities -- Polycom today introduced a new multipoint conferencing system and significant ease-of-use and performance enhancements to its industry-leading line of MGC(TM) multipoint control units (MCU), including the industry's first delivery of H.264 video technology, which provides higher quality video over lower bandwidths. The new MGC-25 redefines the categories of entry-level and distributed enterprise conferencing systems with full-featured audio and video MCU and gateway capabilities that will deliver unmatched performance, quality, functionality, and value. Polycom also introduced revolutionary new unified conferencing functionality for its entire MGC product line that will create a single platform that enables people to combine audio, video, and web conferencing in a single meeting over any type of network.

Polycom also announced a Phase II launch of the very successful Video MCU, Polycom's flagship multipoint, multi-network conferencing bridge, now called Polycom VideoPlus(TM). Polycom VideoPlus delivers unparalleled performance, the highest audio and video quality, and enhanced ease-of-use with a new technology called Click&View(TM).

Conference Phones:

Polycom Announces SoundStation VTX 1000 -- World's First Wideband Conference Phone -- Nearly ten years after revolutionizing voice conferencing with the introduction of its industry-leading, triangular-shaped SoundStation(R) conference phone, Polycom announced the world's first wideband conference phone, the SoundStation VTX 1000(TM). Based on new Polycom VTX(TM) wideband voice technology, the SoundStation VTX 1000 will deliver an unprecedented, high-fidelity voice conferencing experience through normal analog telephone lines. The new conference phone will significantly improve the efficiency and effectiveness of remote meetings by allowing participants to be heard as if everyone were in the same room.

Conference Scheduling and Management Systems:

New Polycom Conference Suite Delivers Industry's Most Comprehensive Multi-Vendor Scheduling and Network Management System -- Polycom today announced its Polycom Conference Suite(TM), the industry's most comprehensive multi-vendor scheduling and management system. The new product features breakthrough functionality including scheduling through Microsoft Outlook, network bandwidth reservation, complete management capability for products from all major conferencing equipment and MCU providers, and unprecedented control over both the network and the physical room environment. The Polycom Conference Suite will make video communications easy to use, simple to manage multi-vendor deployments, and enable organizations to maximize the financial and productivity benefits of video conferencing.

Service and Support Program:

Polycom Announces Industry's First Comprehensive Global Enterprise Support Program for Conferencing and Collaboration -- Polycom announced the Polycom Enterprise Support program, the only service package in the industry to provide comprehensive, global, enterprise-wide support for planning, implementing, and maintaining an enterprise-level collaboration environment. Available through Polycom channel partners, the program includes a full evaluation and optimization of a company's collaborative environment, global maintenance and dedicated support from area experts -- all designed to help customers maximize the benefits of their collaborative environment.

Complete information about today's announcements is available at http://www.polycom.com.

*H.264 -- Polycom has delivered H.264 using technology based on ITU-T standard currently in the process of ratification.

About Polycom

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. For additional information, call 1-800-POLYCOM (765-9266) or +1-408-526-9000, or visit the Polycom web site at http://www.polycom.com.

NOTE: Polycom, the Polycom logo, SoundStation and ViewStation are registered trademarks and The Polycom Office, People+Content, Polycom VideoPlus, ViaVideo, iPower, VS4000, MGC, Polycom VTX, SoundStation VTX 1000, Click&View, Polycom Conferencing Suite are trademarks of Polycom in the U.S. and various countries. Microsoft and Outlook are registered trademarks of Microsoft Corporation. All other trademarks are the property of their respective owners.

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.

SOURCE Polycom, Inc.

Web Site: http://www.polycom.com