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In line with a recent change in NASDAQ regulations allowing companies to make their annual reports available electronically and avoid printing hard copies for each shareholder, RADVISION has opted to post the annual report on its Web site and continue its track record of being environmentally responsible. By doing so, the company will save thousands of pages of paper, thereby reducing costs while being environmentally conscious as well.
RADVISION is committed to reducing the environmental impact of daily business and, through its award winning SCOPIA Conferencing Platform, the company provides an effective telecommuting option to businesses and employees. Through videoconferencing, businesses are able to reduce carbon emissions by reducing commuting and business travel time, which significantly lowers the company's carbon footprint. Telecommuting via video conferencing also benefits businesses by:
-- Cutting back on the amount of energy used in daily operations
-- Better utilizing its workforce across the country and the world
-- Providing a better work/life balance for its employees, who can now spend time usually spent traveling with their families
"RADVISION recognizes that businesses need to operate with the highest levels of efficiency while also remaining eco-friendly and we're proud to offer a technology that accomplishes both goals," said Boaz Raviv, CEO of RADVISION. "Video conferencing is not the new frontier of communication in business, it is the new reality. By offering businesses a way to connect their employees across the world without ever leaving their homes or offices, RADVISION is able to provide a cost-effective, environmentally responsible method of global unified communications."
The latest release of RADVISION's SCOPIA Conferencing Platform, Version 5.6, delivers High Definition (HD) desktop video, multiparty audio and video to IBM Lotus Sametime, standards-based video conferencing connectivity to Microsoft Office Communicator 2007 and support for Cisco Unified Videoconferencing, powered by SCOPIA technology.
Earlier this year, RADVISION was presented with the prestigious 2008 North American Frost & Sullivan Award for Product Differentiation Innovation for the SCOPIA Conferencing Platform. This was in recognition of market leading support for standard and High Definition video, integration of desktop conferencing and advanced network management.
About RADVISION
RADVISION (Nasdaq: RVSN | Quote | Chart | News | PowerRating) is the industry's leading provider of market-proven products and technologies for unified visual communications over IP, 3G and IMS networks. With its complete set of standards-based video networking infrastructure and developer toolkits for voice, video, data and wireless communications, RADVISION is driving the unified communications evolution by combining the power of video, voice, data and wireless -- for high definition video conferencing systems, innovative converged mobile services, and highly scalable video-enabled desktop platforms on IP, 3G and emerging next-generation IMS networks. To gain additional insights into our products, technology and opinions, visit blog.radvision.com. For more information about RADVISION, visit www.radvision.com.
This press release contains forward-looking statements that are subject to risks and uncertainties. Factors that could cause actual results to differ materially from these forward-looking statements include, but are not limited to, general business conditions in the industry, changes in demand for products, the timing and amount or cancellation of orders and other risks detailed from time to time in RADVISION's filings with the Securities Exchange Commission, including RADVISION's Form 20-F Annual Report. These documents contain and identify other important factors that could cause actual results to differ materially from those contained in our projections or forward-looking statements. Stockholders and other readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. We undertake no obligation to update publicly or revise any forward-looking statement.
SOURCE: RADVISION(R) Ltd.
Corporate: RADVISION Adi Sfadia, +1-201-689-6340 Chief Financial Officer cfo@radvision.com or Media Relations: Dukas Public Relations Sean Carney/ Todd Barrish +1-212-704-7385 sean@dukaspr.com / todd@dukaspr.com or Investor Relations: Comm-Partners LLC June Filingeri, +1-203-972-0186 junefil@optonline.net
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