Press release from Business Wire
PGi's Web Conferencing Product Named a ‘Strong Performer' by Independent Research Firm
<p class=' bwtextaligncenter'> <i>“Later This Year, This Strong Service Will Get Stronger”</i> </p>
Monday, July 19, 2010
PGi's Web Conferencing Product Named a ‘Strong Performer' by Independent Research Firm09:56 EDT Monday, July 19, 2010 ATLANTA (Business Wire) -- The Web has become an indispensable platform for meetings, especially for organizations that must gather, brainstorm and decide across wide geographies and multiple teams. Web conferencing is a powerful tool that easily allows various situations, from quick informal meetings among a handful of colleagues to enterprise gatherings for audiences into the thousands. PGi (NYSE: PGI), a global leader in virtual meetings, was among the select companies that independent research firm Forrester Research, Inc. invited to participate in its June Forrester Wave report (“The Forrester Wave™:Web Conferencing, Q2 2010”). In this report, PGi was cited as a “strong performer” in Web conferencing. PGi's proprietary web conferencing solution, Netspoke, is in the midst of a major upgrade, enabling face-to-face meetings, even when people can't physically join in the same room. Forrester wrote that PGi's product “has strong cloud features and audio integration … Later this year, this strong service will get stronger.” As it stands, attendee mood indicators in the product allow participants to ask presenters to speed up or slow down, show approval or disagreement and “raise” their hand for questions. Guests can share applications, Web cam videos and record synchronized presentations for later playback. Web conferencing can deliver results for: Ad hoc collaboration, when Web tools make it easy to share documents among a small group. In this way, Web conferencing serves as a substitute for e-mail. Partner collaboration, similar to ad hoc collaboration, except that it focuses on external audiences, like customers, suppliers or partners. Team meetings, where permanent team gatherings are called to review tasks or presentations. “PGi's web conferencing product enables people to collaborate and conduct more effective meetings,” said Jackie Yeaney, CMO, PGi. “We're thrilled that independent research demonstrates the value of PGi's web meeting offerings and its strategic direction. This recommendation furthers our excitement for the upgrade scheduled for later this year when we will take the strong functionality of Netspoke and make it even more intuitive and easy to use. Even those who have never tried web conferencing will find our enhanced web meeting product simple.” About Premiere Global Services, Inc The world collaborates with PGi. Our advanced meeting, conferencing and collaboration solutions energize people and organizations to connect more meaningfully and work together more productively. Our customers include more than 50,000 companies and nearly 90% of the Fortune 500. Every month, 12 million people around the world use PGi's advanced solutions and next-generation platform to meet, work and collaborate. PGi is headquartered in Atlanta, with operations in 24 countries worldwide. You can learn more at www.pgi.com. Statements made in this press release, other than those concerning historical information, should be considered forward-looking and subject to various risks and uncertainties. Such forward-looking statements are made pursuant to the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and are made based on management's current expectations or beliefs as well as assumptions made by, and information currently available to, management. A variety of factors could cause actual results to differ materially from those anticipated in Premiere Global Services, Inc.'s forward-looking statements, including, but not limited to, the following factors: competitive pressures, including pricing pressures; technological changes; the development of alternatives to our services; general domestic and international economic, business or political conditions; risks associated with challenging global economic conditions or a prolonged recession, including customer consolidations, restructuring, bankruptcies or payment defaults; market acceptance of our new services and enhancements; our ability to complete acquisitions and successfully integrate acquired operations; concerns regarding the security of sending information over the Internet and public networks; our ability to upgrade our equipment or increase our network capacity; service interruptions; continued weakness in our legacy broadcast fax business; our dependence on telecommunications supply agreements; increased financial leverage; our dependence on our subsidiaries for cash flow; future write-downs of goodwill or other intangible assets; assessments of income, sales and other taxes for which we have not accrued; our ability to attract and retain key personnel; our ability to protect our proprietary technology and intellectual property rights; possible adverse results of pending or future litigation or infringement claims; federal, state or international legislative or regulatory changes, including further government regulations applicable to traditional telecommunications service providers; risks associated with international operations and fluctuations in currency exchange rates; changes in and the successful execution of restructuring and cost reduction initiatives and the market reaction thereto and other factors described from time to time in our press releases, reports and other filings with the SEC, including but not limited to the “Risk Factors” sections of our Annual Report on Form 10-K for the year ended December 31, 2009 and our Quarterly Report on Form 10-Q for the quarter ended March 31, 2010. All forward-looking statements attributable to us or a person acting on our behalf are expressly qualified in their entirety by this cautionary statement.