Agreement Takes Advantage of Compatible Technologies for Voice,
Video and Data Networks
SANTA CLARA, Calif., Jan. 28 /PRNewswire/ -- FVC.COM (Nasdaq: FVCX),
the leading provider of Next Generation Internet video applications, today
announced that Lucent Technologies has signed a letter of intent to purchase
and resell the entire line of FVC.COM voice, video and data products. The
agreement takes advantage of the synergy between Lucent's IP and broadband
network core technology and FVC.COM's broadband NGI videoconferencing, IP
video streaming and WAN access expertise.
FVC.COM products fall into three categories: interactive video, streaming
and broadcast video, and network access. These products provide a total
enterprise solution for video applications across Intranets, the Internet and
the Next Generation Internet (NGI). The product lines include WAN access
switches, adapters, gateways, video broadcasting and storage servers, call and
content management applications and viewers, and Multimedia Operating Software
(MOS).
"This agreement allows us to extend the reach of FVC.COM's products to a
wider set of customers," said Rich Beyer, chief executive officer of FVC.COM,
"and we believe this further affirms our leadership in video networking."
The letter of intent will serve as an interim agreement until a formal
agreement is completed.
About FVC.COM
FVC.COM is the leader in video applications over the Next Generation
Internet (NGI). The NGI is the new broadband Internet, being deployed by
service providers and enterprises for the integrated delivery of voice, video
and data applications. FVC.COM's products enable end-to-end video in a wide
range of room and desktop environments for video applications such as distance
learning, distance meetings, and distance medicine. Founded in 1993 by
technology pioneer Ralph Ungermann, FVC.COM designs, manufactures and supports
a full video networking product family that includes NGI access devices,
adapters, gateways and video storage servers.
FVC.COM's distribution and system integration partners include leading
telecommunication and networking companies throughout the world, such as
Ascend Communications, Bell Atlantic Network Integration, British
Telecommunications plc, EDS, France Telecom, IBM, Lucent Technologies, NEC,
and Nortel. Further information about the company is available at
http://www.fvc.com.
Cautionary Statement
Except for the historical information contained herein, this news release
contains forward-looking statements, including, without limitation, statements
containing the words, "believes," "anticipates," "expects" and words of
similar import. Such forward-looking statements will have known and unknown
risks, uncertainties and other factors that may cause the actual results,
performance or achievements of FVC.COM, or industry results, to be materially
different from any future results, performance or achievements expressed or
implied by such forward-looking statements. Such factors include, among
others: FVC.COM's limited operating history and variability of operating
results, market acceptance of video technology, dependence on ATM backbone
technology and the Next Generation Internet, potential inability to maintain
business relationships with distributors and suppliers, rapid technological
changes, competition in the video networking industry, the importance of
attracting and retaining personnel, management of FVC.COM's growth,
consolidation and cost pressures in the video networking industry, dependence
on key employees and other risk factors referenced in FVC.COM's Registration
Statement on Form S-1, File No. 333-38755, declared effective on
April 29, 1998.
SOURCE FVC.COM
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Related links:
http://www.fvc.com
CONTACT:
Mindy Howe of FVC.COM, 408-567-7200, or
e-mail: mhowe@FVC.COM
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