ATLANTA, December 14, 2010 - As a global leader in virtual meetings for nearly twenty years, PGi (NYSE: PGI) knows what businesses need to collaborate. PGi, the creators of iMeet® and ReadyConference®, today announced its latest innovation, GlobalMeet®, that brings together audio and web conferencing into one complete solution for simple, cost-effective meetings.
GlobalMeet’s intuitive user experience offers relief from the frustrations competing web conferencing products inspire. As a cloud-based solution, GlobalMeet requires no downloads, installs or headaches for meeting guests. Users can easily schedule, start and manage meetings directly from their desktop or mobile device, and GlobalMeet connects participants automatically, making dial-in a thing of the past. An industry first, GlobalMeet lets users escalate from an audio conference call to a web conference including effortless screen-sharing with the simple click of a button.
“We designed GlobalMeet to support the way people really work,” said PGi founder, chairman and CEO Boland T. Jones. “We streamlined and simplified the user experience to enable users to focus on the meeting at hand, rather than wasting time navigating clunky and complex technology. With GlobalMeet, we believe PGi fixed web conferencing, giving users a reliable and cost-effective place to meet online.”
PGi plans to offer GlobalMeet with economical flat-rate and seat-based pricing models, including “all-you-can-meet” options that simplify pricing for audio and web conferencing. PGi is currently collecting email addresses for free trials of GlobalMeet to begin in January 2011. For more information and to register, visit www.GlobalMeet.com.
About Premiere Global Services, Inc. │ PGi
PGi is a global leader in virtual meetings. For almost 20 years, we have innovated technologies to empower people to connect, collaborate and come together 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 and an established base of greater than 30,000 customers, including 75% of the Fortune 100. For more information, visit us atwww.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, 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 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; 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; the effect the tender offer will have on our earnings per share; 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.