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RADVISION is in the process of assessing the effect of this proposed transaction on its business over the short and long term and any opportunities it may create.
Over the past two years, the Company has been implementing a strategy to broaden and deepen its partner and customer base and has recently introduced a more complete and refreshed product portfolio. The Company will continue to execute this strategy.
Boaz Raviv, CEO, commented: "While this news was unexpected, we are fully committed to continuing our strategy of advancing our technology leadership and providing the best price performance video solutions to our partners and marketplace."
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.
SOURCE: RADVISION
Corporate: RADVISION Adi Sfadia, +1 201-689-6340 Chief Financial Officer cfo@radvision.com or Media Relations: Dukas Public Relations Sean Carney, +1 212-704-7385 sean@dukaspr.com or Investor Relations: Comm-Partners LLC June Filingeri, +1 203-972-0186 junefil@optonline.net
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