Press Release Summary:
Offered as desktop video conferencing and collaboration solution, Polycom V700(TM) provides executives with all-in-one system that features microphones and speakers, integrated camera, and 17 in. LCD that doubles as PC monitor. Video conferencing capabilities include full-screen, full-motion 30 fps video at up to 768 kbps bandwidth speed; Siren(TM) 14 wideband stereo audio; and standards-based H.239 Hi-Res content sharing.
Original Press Release:
Polycom Lowers the Barrier for Executive Desktop Video Collaboration with New Value-Priced V700 Solution
PLEASANTON, Calif., Feb. 12 - Polycom, Inc. (NASDAQ:PLCM), the world's leading provider of unified collaborative communications solutions, today announced a new executive desktop video conferencing and collaboration solution designed for businesses wanting to add the productivity enhancing benefits of video communications at the desktop. The Polycom V700(TM) is a complete, all-in-one system featuring business-quality video conferencing, an integrated display that can double as a PC monitor, integrated camera, microphones and speakers, and content sharing capabilities.
"As video becomes a critical communications tool within organizations, customers now have the choice of offering more employees award-winning Polycom video systems at their desktops with these new, lower-priced, high-quality V700 systems," said Ed Ellett, senior vice president and general manager of video communications at Polycom. "Polycom offers the industry's broadest range of standards-based video solutions from high definition telepresence environments and conference room solutions to desktop solutions for virtually every worker - all of which interoperate seamlessly for enterprise-wide and inter enterprise communication."
Desktop video conferencing is set to experience significant growth according to industry analyst firm Frost & Sullivan, which projects the shipment of personal video conferencing systems (including executive desktop video conferencing systems) to grow at a compound annual growth rate of 24 percent over the next five years(1). In addition, a recent survey of attendees at the 2006 Polycom User Group conference, the annual meeting for the independent association of Polycom users, showed that 70 percent of respondents plan to either deploy desktop video conferencing or expand their current desktop video conferencing deployments in 2007.
The V700 delivers solid business-quality video conferencing capabilities, including, full-screen, full-motion 30 frames-per-second (fps) TV like video at up to 768 kbps bandwidth speed; Siren(TM) 14 wideband stereo audio for near CD quality, clear, natural voice communication; as well as standards-based H.239 high resolution content-sharing. The system features an integrated 17-inch LCD display, built-in camera, and microphones and speakers capable of delivering 14kHz wideband audio voice quality. The V700 also includes an intuitive remote control and audio prompts in multiple languages for easy use.
The V700 is the second entry in Polycom's value line of video conferencing and collaboration systems, which currently includes the Polycom V500(TM) set-top video calling appliance for conference rooms that works in conjunction with a standard television. The V700 and V500 systems are completely interoperable with Polycom's market-leading VSX(TM) and HDX room and desktop-based video solutions, RPX(TM) HD telepresence suites, and Polycom's video network management systems.
"The V700 gives customers a complete, integrated executive desktop system that works with all other standards-based video conferencing systems and delivers solid performance and business-critical capabilities," said Ellett. "The V700 and V500 are well suited for remote workers and remote locations that may not have as much available bandwidth as a corporate office."
Pricing and Availability
The Polycom V700 is currently available for order worldwide through qualified Polycom channel partners for a MSRP of US$2,999.
Polycom, Inc. is the worldwide leader in unified collaborative communications (UCC) that maximize the efficiency and productivity of people and organizations by integrating the broadest array of video, voice, data and Web solutions to deliver the ultimate communications experience. Polycom's high quality, standards-based conferencing and collaboration solutions are easy to deploy and manage, as well as intuitive to use. Supported by an open architecture, they integrate seamlessly with leading telephony and presence-based networks. With its market driving technologies, best-in-class products, alliance partnerships, and world-class service, Polycom is the smart choice for organizations seeking proven solutions and a competitive advantage in real-time communications and collaboration. For additional information call 1-800-POLYCOM (765-9266) or +1-408-526-9000, or visit the Polycom website at www.polycom.com.
(1) Frost & Sullivan, Enterprise Videoconferencing Endpoints Market Report (World) (Oct 2006) F903-64
Polycom reserves the right to modify future product plans at any time. Products and/or related specifications referenced in this press release are not guaranteed, and will be delivered on a when and if available basis.
Polycom and the Polycom logo are registered trademarks and RPX, VSX, Polycom V500, Polycom V700, and Siren are trademarks of Polycom in the U.S. and various countries. All other trademarks are the property of their respective owners.
CONTACT: Kevin Young of Polycom, Inc., +1-925-924-5706, or firstname.lastname@example.org