Companhia de Telecommunicacoes de Macau S.A.R.L (CTM) to Launch Video Portal Service with RADVISION Interactive Video Platform
FAIR LAWN, New Jersey, December 5, 2006 --RADVISION (Nasdaq: RVSN), a leading provider of voice and video network infrastructure and developer of tools for unified visual communications over IP, 3G, and emerging next-generation networks, today announced that Macau’s leading mobile operator, Companhia de Telecomunicações de Macau S.A.R.L (CTM), will launch a video portal service developed by WiseSpot using RADVISION’s Interactive Video Platform. The video portal service allows subscribers to access a wide range of video content and interactive services from their 3G mobile phones.
“Interactive visual communications services are an important element of CTM's 3G mobile service strategy,” said Vandy Poon, Deputy CEO of CTM. “The video portal solution provided by WiseSpot and RADVISION allows us the flexibility to add additional services as the market develops.”
“The video portal application demonstrates the power of RADVISION’s cutting-edge communication technology,” said Franky Lai, Chairman of WiseSpot (Hong Kong) Ltd. “We have worked successfully with RADVISION technology for years. The project with CTM is further proof that the Interactive Video Platform is the ideal choice for developing and deploying multiple interactive video services.”
“When the Interactive Video Platform’s flexible API and advanced video support are combined with professional application development and implementation, the full power of RADVISION’s technology is realized. We are proud to be instrumental in creating exciting visual communications services for people on the go,” said Mr. Eitan Livne, General Manager of RADVISION in Asia Pacific. “RADVISION believes that the future of 3G is in providing innovative personalized and revenue-generating visual services. We are confident that more and more exciting interactive video applications will be made available for 3G subscribers.”
Based on RADVISION’s video expertise and market proven scalable and interoperable products and solutions, the Interactive Video Platform hides the complexity of video from application developers, with no need for them to deal with signaling protocols, media types, or interoperability. The Interactive Video platform is the ideal solution for exciting revenue-generating visual communication services such as mobile videoconferencing, mobile video communities, chat rooms, surveillance applications, video blog services, mobile dating services, video enabled contact centers, bi-directional visual communication services and video portals.
About RADVISION
RADVISION (Nasdaq: RVSN - News) is the industry’s leading provider of market-proven products and technologies for unified visual communications over IP and 3G 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 videoconferencing systems, innovative services on converged IP and 3G networks, and highly scalable video-enabled desktop platforms for IP and emerging next-generation networks. For more information about RADVISION, visit www.radvision.com.
About Companhia de Telecomunicações de Macau S.A.R.L (CTM)
Macau's only full telecom service provider, CTM is a world-class communications company that continues to play a major role in the ongoing development of Macau's infrastructure. With a solid financial base and an enviable track record for technical achievement, CTM offers both first class products and services and outstanding career opportunities for the best and brightest in Macau.
CTM is a joint venture between Cable and Wireless PLC (51%), Portugal Telecom International (28%), CITIC Pacific (20%) and the Macau SAR Government (1%).
About WiseSpot (Hong Kong) Limited
WiseSpot, a leading provider of advanced telecommunication value-added solutions and finished multimedia content in Greater China, was established in 2002 by a team of professionals that consolidate over 50 years of experience with the industry. Headquartered in Hong Kong, WiseSpot has successfully established long-term partnerships with major operators in Greater China and completed over a dozen significant installations, including Hong Kong's first fixed-SMS based infotainment system & the first standalone commercial GSM music ringback tone platform, as well as the world's first self-enabled multi-party mobile video conference solution. For further information, please visit www.wisespotgroup.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.
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