25.03.2008 10:00:00
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INX to Provide Cisco TelePresence Solutions
INX Inc., (NASDAQ:INXI)
announced today that it has been recognized as an Advanced Technology
Provider of Cisco’s TelePresence meeting
solution.
INX announced today that it has been recognized by Cisco Systems as a
Cisco TelePresence Advanced Technology Provider. Cisco TelePresence is
an enterprise video conferencing solution that creates life-like
communications experiences using state-of-the-art multiple
high-definition video images and spatial discrete audio. As an advanced
technology solution, TelePresence reaches beyond video conferencing to
real collaboration that allows for face-to-face virtual business
interactions regardless of location.
With advances in technology and increasing globalization in today’s
markets, organizations are seeking to establish advantageous economical
business operations worldwide. To compete in this fast-paced business
environment, high quality interaction and collaboration with co-workers,
partners, and customers all over the world is critical. TelePresence
enables communications and collaboration over the IP network with
colleagues, prospects, and partners, whether they are in different
states, countries, or hemispheres.
Regarding the announcement, Jon Groves, Vice President of Professional
Services for INX stated, "Business
communication demands are dramatically increasing for every
organization. The ability to effectively communicate and collaborate in
person is not always an economical or logistical option. Cisco
TelePresence provides a life-like, face-to-face virtual experience that
enhances business communications at a substantially lower cost as
compared to business travel for in-person meetings.”
A Gartner Study entitled Comparing Videoconferencing Telepresence
Systems, September 2006 stated, "The obvious
gains of reductions in travel time and travel costs [from
TelePresence] may, in fact, be far outweighed
by potential gains in increased productivity, efficiency, time to market
and other factors.”
Mark Hilz, President and COO for INX stated, "We
believe Cisco’s TelePresence solution is a
viable, cost-effective method of improving business communications for
enterprise organizations in today’s
increasingly global marketplace. TelePresence is a part of the growing
use of video by enterprises as a part of their overall unified
communications infrastructure to create a more robust, feature-rich,
collaborative communications experience. This growing use of video is
just one more driver of IP network change and increased network load,
solidifying our belief that demand for enterprise organization network
upgrades will continue far into the future. We expect that growing
demand for Cisco’s TelePresence meeting
solutions and a limited number of authorized Cisco TelePresence Advanced
Technology Providers will create increased revenue opportunities for INX.”
ABOUT INX:
INX Inc. (NASDAQ:INXI)
is a publicly traded network infrastructure professional services firm
delivering best-of-class "Business Ready Networks" to enterprise
organizations. INX offers a full suite of Advanced Technology solutions
that support the entire life-cycle of IP Communications systems. We
design, implement and support the IP network infrastructure for
enterprise organizations including routing and switching, IP Telephony,
messaging, wireless, network storage and security. Operating in a highly
focused manner provides a level of expertise that enables us to better
compete in the markets we serve. Our customers for enterprise-level
Cisco-centric advanced technology solutions include large enterprise
organizations such as corporations, public schools as well as federal,
state and local governmental agencies. Because we have significant
experience implementing and supporting the critical technology building
blocks of IP Telephony systems and other IP Communications advanced
technology solutions for enterprises, we believe we are well positioned
to deliver superior solutions and services to our customers. Additional
information about INX can be found on the Web at www.inxi.com.
SAFE HARBOR STATEMENT:
The statements contained in this document that are not statements of
historical fact, including, but not limited to, statements identified by
the use of terms such as "anticipate," "appear," "believe," "could,"
"estimate," "expect," "hope," "indicate," "intend," "likely," "may,"
"might," "plan," "potential," "project," "seek," "should," "will,"
"would," and other variations or negative expressions of these terms,
including the statements about how TelePresence will impact the market
for the company’s offerings, are
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995 and involve a number of risks
and uncertainties. The actual results of the future events described in
the forward-looking statements in this document could differ materially
from those stated in the forward-looking statements due to numerous
factors, including the risks and uncertainties set forth in the Company’s
most recent Annual Report filed with the SEC on Form 10-K for 2007,
which the Company makes available on its web site in PDF format at www.inxi.com/Information/sec.asp.
Recipients of this document are cautioned to consider these risks and
uncertainties and to not place undue reliance on these forward-looking
statements. The statements made herein are made as of the date of this
press release, and the Company expressly disclaims any obligation or
undertaking to update or revise any forward-looking statement contained
herein to reflect any change in the Company's expectations with regard
thereto or any change in events, conditions or circumstances upon which
any statement is based.
Cisco and Cisco Systems are registered trademarks of Cisco Systems Inc.
in the United States and certain other countries.
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