Business Editors & Technology Writers
HILLSIDE, N.J.--(BUSINESS WIRE)--Oct. 21, 2002
Wire One Technologies, Inc. (NASDAQ: WONE), a provider of video communications solutions, today announced that Volvo Commercial Finance, a division of Volvo AB (NASDAQ: VOLVY), is the latest
"Since discovering the many benefits of Glowpoint, from its consistently high quality of service and connection speed, as well as multi-point bridging and user-friendly scheduling capabilities, our only regret is that we did not subscribe to Wire One's network sooner," stated Volvo Commercial Finance Network Services Manager Chuck Komasara. "After experiencing Glowpoint, I can definitively say that this IP video network is vastly superior to the legacy ISDN service we previously used. Seeing what Glowpoint can do for our division's level of productivity, combined with reduced travel expenditures, I am excited to play the role of championing this cost-effective tool to other Volvo corporate divisions."
Wire One President and Chief Operating Officer Leo Flotron stated, "Volvo maintains an excellent worldwide reputation as a leading manufacturer of high-quality, Commercial Trucks, Buses and Construction Equipment. We are very pleased that their Commercial Finance division is experiencing many of the same benefits that have been motivating an increasing number of legacy ISDN users, as well as those new to video communications, to subscribe to our Glowpoint network. Their selection of Glowpoint in this challenging economic marketplace speaks volumes about the cost and efficiency benefits that our service delivers."
About Wire One Technologies
Wire One Technologies, Inc. is a leading full-service provider of a complete range of video communications solutions, including Glowpoint, the first IP-based subscriber network dedicated to video communications. The company, which is the first video communications provider to receive Frost & Sullivan's Market Engineering Service Innovation Award, is a leading integrator for major video communications manufacturers, including Cisco Systems, Polycom, Inc., RADVISION, VCON and base includes more than 3,000 companies with approximately 18,500 videoconferencing systems in the commercial, federal and state government, medical and education marketplaces nationwide and across the globe.
The statements contained herein, other than historical information, are or may be deemed to be forward-looking statements and involve factors, risks and uncertainties that may cause actual results in future periods to differ materially from such statements. These factors, risks and uncertainties include market acceptance and availability of new products and services; the nonexclusive and terminable-at-will nature of reseller agreements with manufacturers; rapid technological change affecting products and services; the impact of competitive products and services, as well as competition from other resellers and service providers; possible delays in the shipment of new products; and the availability of sufficient financial resources to enable the Company to expand its operations and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.
WIRE ONE, GLOWPOINT and SCHEDULEPOINT are service marks of Wire One Technologies, Inc.. All other marks are trademarks or service marks of their respective owners.