IRVINE, Calif., May 25, 2000 (PRIMEZONE) -- (www.ibchannel.com) - IBC reported today that RADVision will open a Hong Kong subsidiary to support increasing demand for RADVision's market-leading V2oIP(TM) Family Product Line.
RADVision Ltd. (Nasdaq:RVSN), the leading provider of award-winning, industry-standard products and technology for real-time voice and video communication over IP, today announced that it will open a fully owned subsidiary in Hong Kong. The Hong Kong office will provide comprehensive sales and marketing support to the rapidly expanding Asian market for next-generation IP communication networks, products and services. RADVision is committed to ensuring global accessibility and commercial deployment of the company's award-winning V2oIP products and technology.
RADVision's enabling software products provide the core technology used by leading voice and video over IP developers in Asia, including Australia, Japan, Korea, Singapore, Taiwan and Mainland China. RADVision's voice and video over IP products are distributed in Asia via an impressive network of distributors, including NTT-ME (Japan), U&I (Korea), IMAG (China) and CCL (Taiwan).
"As a global market leader, we made a strategic decision to strengthen our presence in the Asian market enabling us to work hand-in-hand with our local representatives in promoting the IP industry and the RADVision brand," said Dan Hochberg, RADVision's Director of Asian Operations. "To date, our Asian partners have successfully established a stronghold in this market. By working together we can further increase our market penetration and assure a high level of support for our Asian partners."
RADVision's extensive distribution network and insight into the IP industry has made it the leader in the real-time voice and video over IP communication industry throughout Asia. With the exponential growth of this market, RADVision will continue to be at the forefront of the real-time voice and video over IP technology.
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