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Press release from Business Wire

PGi to Sponsor the Channel Partners Cloud Convergence Council

Thursday, March 03, 2011

PGi to Sponsor the Channel Partners Cloud Convergence Council14:54 EST Thursday, March 03, 2011 ATLANTA (Business Wire) -- Virgo Publishing, a leading business-to-business information services company, and The 2112 Group, a technology business strategy firm specializing in technology and channel communications and intelligence services, announced today that PGi, a global leader in virtual meetings for almost 20 years, will be participating in and sponsoring the new Channel Partners Cloud Convergence Council. The Cloud Convergence Council is a newly-formed community of telecom and IT vendors and their channel partners coming together to deliberate the issues and opportunities that come with the convergence of the two channels in the cloud. The inaugural council will be introduced and share their initial work and goals in a roundtable discussion at the 2011 Spring Channel Partners Conference & Expo, March 13-15, 2011 in Las Vegas. “Channel Partners applauds PGi for signing on as a founding member of the Cloud Convergence Council,” said Channel Partners Editor Khali Henderson. “We expect the work of this unique cross-industry body will inform the dramatic transformation ahead for both the IT and telecom channels in the cloud by identifying and bridging gaps in understanding.” PGi has long been an innovator in bringing collaboration technologies to the cloud. Already this year, PGi has launched two new, cloud-based virtual meetings applications, iMeet® and GlobalMeet®. iMeet brings video conferencing, social networking and media sharing into one personal meeting room, and GlobalMeet tightly integrates audio and web conferencing into one complete solution for simple, cost-effective web meetings. Both products take cloud innovation one step further by moving key billing, reporting and support systems to the cloud as well. “PGi is proud to be a founding member of the Cloud Convergence Council. Our participation in the community illustrates our commitment to the channel industry's growing demand for cloud-based solutions,” said Ralph Hawkins, senior vice president, PGi Partner Channel. “PGi has a strong track record of embracing the cloud to support infrastructure demands and providing innovative applications to the channel. With the recent launch of our next generation iMeet and GlobalMeet solutions, we are clearly embracing the cloud approach to developing and deploying technologies that have major revenue potential for our partners in the channel.” To be the first to hear the findings of the Cloud Convergence Council you must be a registered participant of the 2011 Spring Channel Partners Conference & Expo. Visit www.channelpartnersconference.com for registration information. About Premiere Global Services, Inc. │PGi PGi is a global leader in virtual meetings. For nearly 20 years, we have innovated technologies that help companies and individuals meet and collaborate in more enjoyable and productive ways. Every month, we bring together over 15 million people in nearly 4 million virtual meetings. Headquartered in Atlanta, PGi has a presence in 24 countries worldwide. For more information, visit us at www.pgi.com. About Virgo Publishing Virgo Publishing is a dynamic information services company specializing in communications through print and electronic media, trade shows and special events, education and training, and value-added business services. www.virgopublishing.com About The 2112 Group The 2112 Group is a technology business strategy services firm specializing in indirect channels, security, managed services, cloud computing and business intelligence. Our mission is to optimize our clients' go-to-market strategies and communications, ensuring the highest level of return on their investment. The 2112 Group supports our clients with business planning and market research, facilitation of partner relations and communities, creation of high-impact communications and marketing development, and channel development. The 2112 Group publishes “Channelnomics”, the business analytics blog of the channel. For more information about The 2112 Group, please visit www.the2112group.com. About Channel Partners For more than two decades, Channel Partners has been the leader in providing news and analysis to indirect sales channels serving the communications industry. It is the unrivaled resource for resellers, aggregators, agents, brokers, VARs, systems integrators, interconnects and dealers that provide network-based communications and computing services, associated CPE and applications as well as managed and professional services. Channel Partners is the official media of the Channel Partners Conference & Expo. 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, including iMeet® and GlobalMeet®; 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; our dependence on telecommunications supply agreements; our 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; our ability to successfully manage the post-sale aspects of the divestiture of our PGiSend business, including any financial effect from the loss of PGiSend revenue or earnings; 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, our Quarterly Report on Form 10-Q for the quarter ended March 31, 2010 and our Quarterly Report on Form 10-Q for the quarter ended September 30, 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. PGiSara J. Pilling, 404-564-6599sara.pilling@pgi.com