Vu TelePresence Awarded Video Conferencing Products and Solutions Contract by PEPPM

Contract Affords PEPPM Buyers Greater Exposure to Telepresence Technology Offerings

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| Source: Vu TelePresence, Inc.

CRANBERRY TOWNSHIP, Pa., May 18, 2012 (GLOBE NEWSWIRE) -- Vu TelePresence®, an innovator and leader in telepresence technology, today announced it has been awarded a contract for video conferencing products and solutions, by PEPPM, a national technology bidding and purchasing program.

"We are delighted to be recognized by PEPPM as an approved vendor for video conferencing products and solutions. This contract is a crucial step for us as we continue to focus our sights on the education, non-profit, state and local government markets. We feel that this is a great opportunity for us to develop our business and gain greater brand awareness in these key verticals," commented Devita Saraf, Co-Founder of Vu TelePresence. "We have already had success in these markets and are optimistic about the number of added partnerships to gain," added Saraf.

Since its inception in 1982, PEPPM has been responsible for over $2 billion worth of technology products purchased by schools, libraries, government and non-profit agencies. PEPPM saves its buyers time and money by:

  • Placing orders quickly
  • Secure, bid-protected purchasing environment
  • One-stop shopping
  • e-Commerce system
  • Powerful search engines

PEPPM's cost advantages include:

  • Most-favored customer pricing
  • Volume discount consideration
  • Catalog bid awards
  • Specials and promotions
  • Shipping costs included in price

For PEPPM buyers that already have video conferencing, Vu provides an economical means to expand this service to offices around the globe. Vu TelePresence will kick off its new vendor status by introducing and educating PEPPM buyers on the features and benefits of the Vu system in the coming weeks.

About VU TelePresence®

Vu TelePresence® is an innovator and leader in video conferencing technology.  By incorporating seamless HD video, high-quality sound with low bandwidth, VirtualFacets technology and interoperability with third-party systems; Vu enables businesses of all sizes to communicate more affordably, globally and naturally.  The company's flagship product, Vu TelePresence Pro™ (720p and 1080p), offers affordable solutions and services for both office and remote use.  Vu TelePresence's U.S. headquarters is based in Pittsburgh, Pennsylvania with locations in San Jose, California; Mumbai, India; and Bangalore, India.  For more information, visit www.vutelepresence.com.

The Vu TelePresence, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=12953

About PEPPM

PEPPM is a national technology bidding and purchasing program. Its bidding and purchasing program does the bid legwork for you in advance. PEPPM solicits sealed competitive bids on popular lines of computer equipment, peripherals, software, audio-visual and communication products. When you purchase through PEPPM, you save time, money and can satisfy state competitive bidding requirements. All pricing and contracts are also enabled for e-Procurement through Epylon Corporation, the nation's leading e-commerce solution for schools and local governments. For more information, visit www.peppm.org.

Candace Preteroti
Vu TelePresence Corporate Marketing
724-716-4470