PennyStockChaser.com: RADVISION(R) Ltd. (Nasdaq: RVSN) Hot Stock on the Move!
Jun 15, 2009 (M2 PRESSWIRE via COMTEX) --
Company: RADVision Ltd. (RVSN)
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Today's news alerts include: Samsung and RADVISION Announce Jointly Developed Desktop Video Conferencing Solution That Will Revolutionize the High Definition Desktop Video Market
VC240 HD Desktop Video Device Combines the Best of Breed Technologies of the Two Companies to Offer HD desktop Video Communication at a Breakthrough Price.
TEL AVIV, Israel, Jun 15, 2009 -- Samsung Electronics Co. (Samsung), and RADVISION(R) Ltd. (Nasdaq: RVSN), a leading provider of video network infrastructure and developer tools for unified visual communications over Internet Protocol (IP) networks, 3G and emerging next-generation IP Multimedia Subsystem (IMS) networks, today announced the VC240, a jointly developed high definition desktop video conferencing device that integrates advanced high definition video conferencing into a high resolution multimedia LCD monitor.
The VC240 is the result of joint design and development between the two companies and leverages each company's respective best of breed expertise. Samsung is the worldwide market leader in both LCD screen technology and supplying high quality, high value consumer and enterprise products. RADVISION is the market leader in providing highly interoperable and flexible multimedia and signaling developer solutions to the visual communications industry. The VC240 is the first product in the market to integrate all the components required for high definition desktop video conferencing into a single unit at an affordable price. It can operate as a standalone desktop HD video conferencing device as well as a 24 inch high resolution monitor.
"RADVISION was the only partner in the market who could offer Samsung the unique mix of expertise in multimedia communications and market leading software and tools to allow us to integrate high definition video communication and collaboration into our products," said Seog Gi Kim, Vice President of the Samsung Visual Display Division. "Partnering with RADVISION ensures that our products will have the highest level of interoperability with other products in the market and will provide our customers the highest level of quality possible.
The VC240 is fully interoperable with RADVISION's SCOPIA line of products and complements RADVISION's other desktop video solutions. It will offer RADVISION's latest advanced video features including SVC (Scalable Video Coding) and Forward Error Correction features ensuring the highest quality possible.
"The VC240 breaks down barriers in the desktop market by allowing users to enjoy all the benefits of the high definition video communications experience at a fraction of the cost of existing hardware desktop solutions," said Boaz Raviv, CEO of RADVISION. "With the introduction of this product Samsung and RADVISION are literally changing the playing field by enabling wide-scale deployment of HD video on the desktop. We are honored to partner with the world's leading expert in LCD technology and together we will bring the market a new level of desktop video communications."
Samsung and RADVISION will demonstrate the VC240 integrated with RADVISION's SCOPIA line of products at InfoComm, Orlando USA on June 17th to 19th in booths 3479 (RADVISION) and 4461 (Samsung).
About RADVISION
RADVISION (Nasdaq: RVSN) 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 developer.radvision.com and blog.radvision.com. For more information about RADVISION, visit www.radvision.com.
About Samsung
Through innovative technology, distinctive designs, and a dual focus on convenience and value, SAMSUNG has remained at the forefront of the digital revolution we helped launch. We lead the global digital marketplace by continually launching new products that not only meet- but also anticipate- customers' demands.
The Digital Media & Communications Business also encompasses world-leading, premium home appliances that are stylishly designed, equipped with convenient digital features, and environmentally friendly. Our lineup includes refrigerators, air conditioners, washers, ovens, vacuum cleaners and other appliances that are indispensible in today's households.
A premium brand image has powered SAMSUNG's growth in the telecommunications category. We lead the global telecommunication industry with the widest range of mobile phones on the market today - including 3G and multimedia phones - in addition to telecommunication systems.
Our mobile phones, admired by customers around the world, enhance mobile lifestyles while meeting the diverse needs of the mobile marketplace. We've led the standardization of next-generation mobile phone technologies such as Mobile WiMAX and High-Speed Downlink Packet Access (HSDPA) to solidify our alliances with phone carriers around the world.
The business also comprises personal computers and MP3 players, creating synergies across platforms. We merge the latest mobile technology with core computing technology for the PC business, while mobile technologies - also combine with our world-leading power efficiency and design to enhance MP3 player capabilities. Our goal is to use our leadership in technological convergence to guide the industry as it takes mobility to the next level.
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Company: RADVision Ltd. (RVSN)
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