Videoconferencing Industry News

9 Februar 2010

Cisco and TANDBERG Provide Technology Roadmap Update Prior to Transaction

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to view it in your browser.=0D=0A=0D=0A=0D=0A[http://www.tandberg.com/index.jsp?elq=3De4913a56109f48b3b1866505ac5528c8]=
=0D=0A=0D=0ACisco and TANDBERG Provide Technology Roadmap Update Prior to Transaction=
Close=0D=0A=0D=0ASAN JOSE, Calif., NEW YORK, and OSLO, Norway, February=
9, 2010 - Cisco (NASDAQ: CSCO) and TANDBERG (OSLO: TAA.OL) today provided=
details about the integrated product portfolio that will be unveiled after=
the close of Cisco’s voluntary public cash offer to acquire all outstanding=
shares in TANDBERG. Cisco and TANDBERG remain competitors until close.=
The companies anticipate regulatory approval in the first half of calendar=
year 2010.=0D=0A=0D=0ACisco and TANDBERG believe that competition and industry=
expansion is best fostered through open standards and interoperability.=
Following the close, Cisco will create an open architecture that provides=
greater interoperability with TANDBERG and third-party systems. This integrated=
architecture will extend valuable features to customers such as One Button=
to Push and Continuous Presence, as well as integration with leading unified=
communications platforms. =0D=0A=0D=0AThe companies reiterated previously=
announced plans to form a Cisco TelePresence Technology Group that will=
retain and build on product lines from both companies once the transaction=
closes. The TelePresence Technology Group’s integrated portfolio will consist=
of the following product groups:=0D=0A=0D=0AImmersive TelePresence: The=
flagship Cisco TelePresence System 3000 series, including the Cisco TelePresence=
System 3000/3010 and Cisco TelePresence System 3200/3210, will continue=
to serve as the optimized experience for scalable deployments. The TANDBERG=
Total Telepresence Solution, including the T3 and T1, will serve as the=
adaptive experience for a range of solutions including customized deployments.=
Shortly after completion of the acquisition, Cisco will deliver high-definition,=
immersive, multiscreen interoperability between these systems and other=
multiscreen systems.=0D=0A=0D=0AMultipurpose Room Systems: TANDBERG’s leading=
Profile Series will continue to deliver a broad range of options for customer=
choice in the meeting room, and the Cisco TelePresence System 1300 will=
complement the offering with a virtual in-person experience in a multipurpose=
conference room.=0D=0A=0D=0APersonal Systems: The strong portfolio of TANDBERG=
personal systems will remain, as will the Cisco TelePresence System 1100=
and Cisco TelePresence System 500. The unified set of products will meet=
the needs of individuals in the office, at home, and on the go.=0D=0A=0D=0APlatform=
Portfolio: TANDBERG’s C-series, MXP codecs, set-top systems, and PC video=
and high-definition cameras will serve as the foundation for extensive=
integration options. These offerings will continue to be available to integrators=
and their customers who choose to purchase customized systems that interoperate=
with current and future Cisco, TANDBERG, and third-party systems. =0D=0A=
=0D=0AInfrastructure: Both companies’ entire line of infrastructure products=
will continue to be available to integrators and customers. This includes,=
for example, the industry-leading Codian Multipoint Control Units (MCUs).=
The joint infrastructure portfolio will form the basis of the Cisco TelePresence=
architecture, will provide improved interoperability with competitive solutions,=
and will enable intercompany services and integration with Cisco’s and=
other companies’ digital media and collaboration solutions.=0D=0A=0D=0ATelePresence=
as a Service: Cisco TelePresence Exchange and Cisco TelePresence Public=
Suites offerings will continue to provide the ability to securely and scalably=
connect across organizational boundaries. Today, many service providers=
across the globe work with Cisco to deliver intercompany services that=
connect Cisco and other companies’ endpoints. =0D=0A=0D=0AIn addition to=
product group announcements, it has also been determined that the TANDBERG=
sales and channels organization will become a specialist sales team within=
Cisco after close in order to assure customers they will continue to benefit=
from the same trusted relationships they currently enjoy with Cisco or=
TANDBERG representatives.=0D=0A# # #=0D=0AAbout Cisco=0D=0ACisco (NASDAQ:=
CSCO) is the worldwide leader in networking that transforms how people=
connect, communicate and collaborate. Information about Cisco can be found=
at http://www.cisco.com [https://webmail.tandberg.com/exchweb/bin/redir.asp?URL=3Dhttp://www.cisco.com/].=
For ongoing news, please go to http://newsroom.cisco.com [https://webmail.tandberg.com/exchweb/bin/redir.asp?URL=3Dhttp://newsroom.cisco.com/].=
=0D=0A# # #=0D=0ACisco, the Cisco logo and Cisco Systems are registered=
trademarks or trademarks of Cisco Systems, Inc. and/or its affiliates in=
the United States and certain other countries. All other trademarks mentioned=
in this document are the property of their respective owners. The use of=
the word partner does not imply a partnership relationship between Cisco=
and any other company.=0D=0AThis document is Cisco Public Information.=
=0D=0A=0D=0AAbout TANDBERG =0D=0ATANDBERG is the leading global provider=
of telepresence [http://www.tandberg.com/telepresence?elq=3De4913a56109f48b3b1866505ac5528c8],=
high-definition video conferencing [http://www.tandberg.com?elq=3De4913a56109f48b3b1866505ac5528c8]=
and mobile video products and services with dual headquarters in New York=
and Norway. TANDBERG designs, develops and markets systems and software=
for video, voice and data. The company provides sales, support and value-added=
services in more than 90 countries worldwide. TANDBERG is publicly traded=
on the Oslo Stock Exchange under the ticker TAA.OL. Please visit www.tandberg.com=
[http://www.tandberg.com/] for more information.=0D=0A=0D=0ATANDBERG is=
a trademark or registered trademark in the U.S. and other countries. All=
other product and company names here in may be trademarks of their respective=
owners.=0D=0A=0D=0AForward-Looking Statements=0D=0AThis release may be=
deemed to contain forward-looking statements, which are subject to the=
safe harbor provisions of the Private Securities Litigation Reform Act=
of 1995, including Cisco’s intention to make a compulsory acquisition and=
to proceed with an application for a de-listing of the shares. Readers=
are cautioned that these forward-looking statements are only predictions=
and may differ materially from actual future events or results due to a=
variety of factors, including, among other things, obtaining regulatory=
approval of the acquisition, the potential impact on the business of TANDBERG=
due to the uncertainty about the acquisition, the retention of employees=
of TANDBERG and the ability of Cisco to successfully integrate TANDBERG=
and to achieve expected benefits, business and economic conditions and=
growth trends in the networking industry, customer markets and various=
geographic regions, global economic conditions and uncertainties in the=
geopolitical environment and other risk factors set forth in Cisco’s most=
recent report on Form 10-Q filed with the SEC on November 18, 2009. Any=
forward-looking statements in this release are based on limited information=
currently available to Cisco, which is subject to change, and Cisco will=
not necessarily update the information. =0D=0A=0D=0APress Contacts:=0D=0AJean=
Rosauer=0D=0ATANDBERG =0D=0A+1 202 531 7966=0D=0AJean.Rosauer@tandberg.com=
[mailto:Jean.Rosauer@tandberg.com]=0D=0A=0D=0AJeannie McPherson=0D=0ATANDBERG=
=0D=0A+1 985 264 8887=0D=0AJeannie.McPherson@tandberg.com [mailto:Jeannie.McPherson@tandberg.com]=
=0D=0A=0D=0AAnalyst Contact:=0D=0ATolga Sakman=0D=0ATANDBERG =0D=0A+1 202=
445 6755=0D=0ATolga.Sakman@tandberg.com [mailto:Tolga.Sakman@tandberg.com]=
=0D=0A=0D=0AInvestor Relations Contact:=0D=0AGeir L. Olsen=0D=0ATANDBERG=
=0D=0A+44 7766 254 782=0D=0AGeir.Olsen@tandberg.com [mailto:Geir.Olsen@tandberg.com]=
=0D=0A=0D=0A=0D=0A =0D=0ACopyright=A9 2007 TANDBERG =0D=0A1212 Avenue of=
the Americas. 24th Floor. New York, NY 10036 +212.692.6500 =0D=0APhilip=
Pedersens vei 20. 1366. Lysaker. Norway +47.67.125.125 =0D=0AContact a=
TANDBERG office near you. =0D=0A=0D=0APlease click here to unsubscribe=
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