ATLANTA, February 25, 2010 - AVI-SPL to Offer PGi Audio and Web Meeting Solutions
PGi (NYSE: PGI),a leading provider of meeting and collaboration solutions, and AVI-SPL today announced a strategic alliance to provide tailored video conferencing solutions to organizations worldwide that demand the virtues of face-to-face meetings combined with the ease and efficiency of Internet-based tools. As a part of the arrangement, AVI-SPL, the largest global integrator of audio visual systems and services, will offer its customers PGi’s award-winning PGi audio, Web and event-collaboration services.
"Video is top of mind with our customers and speeds up decision making in a more competitive business climate," said David Guthrie, CTO, PGi, "As organizations slash travel budgets -- U.S. companies cut travel 30% to 40% last year and the use of videoconferencing rose 136% -- the need for video conferencing choices abound. By working together with AVI-SPL, we will be able to help our customers select the right kind of video conferencing to suit their needs. "
By joining forces with AVI-SPL, PGi is now able to offer its customers an extensive suite of video conferencing solutions, including hardware, design-build, infrastructure, network and services. The alliance between the two allows customers to easily find any video meeting technology they need, from desktop computer cameras to telepresence.
PGi’s customers, including 90 percent of the Fortune 500, are demanding video conferencing options. Customers want to meet and collaborate and don’t want to slow down to figure out multiple technologies or consider assorted vendors. PGi helps companies demystify the technology and determine what they need to get out of their meetings and then matches them with the right solution be it audio, web, event or now video conferencing. Likewise, this new venture expands AVI-SPL’s capabilities to offer PGi audio, event and web collaboration solutions to the AVI-SPL installed base of enterprise customers with revenues of $420 million.
When it comes to business meetings, seeing is believing. Relationships are forged when people get together. Trust is solidified in that moment. With advances in Internet-enabled communications, expensive travel is no longer the only solution for relationship-building. Video conferencing accelerates business decisions, makes training more convenient and creates connections among collaborating staff, colleagues and customers.
"The synergies between our two companies make this new relationship significant with PGi adding video to its portfolio and AVI-SPL now providing audio, event and web conferencing solutions," said AVI-SPL CEO, John Zettel. We share a strong customer focus and have already begun working together to an overwhelmingly positive response."
About Premiere Global Services, Inc. │ PGi
The world collaborates with PGi. Our advanced meeting, conferencing and collaboration solutions energize people and organizations to connect more meaningfully and work together more productively. Our customers include more than 50,000 companies and nearly 90% of the Fortune 500. Every month, 12 million people around the world use PGi’s advanced solutions and next-generation platform to meet, work and collaborate. PGi is headquartered in Atlanta, Georgia with operations in 24 countries worldwide. You can learn more at PGi
Headquartered in Tampa, Fla., AVI-SPL is the result of a merger between Audio Visual Innovations (AVI) and Signal Perfection, Ltd. (SPL). In aggregate the company has more than 40 years of experience providing innovative audio and video communications solutions with a strong tradition of high quality and exceptional customer service. As the largest global integrator for audio and video communications systems and services, AVI-SPL is uniquely positioned to deliver the most comprehensive line-up of presentation solutions, including: systems integration, sales and rentals, complete staging and production, managed conferencing, IP integration and event management. For more about AVI-SPL, visit www.avispl.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; weakening global economic and credit conditions, including customer consolidations, restructuring, bankruptcies or payment defaults; market acceptance of our new services and enhancements; our ability to complete acquisitions and 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; continued weakness in our legacy broadcast fax business; our dependence on telecommunications supply agreements; 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 protect our proprietary technology and intellectual property rights; possible adverse results of pending or future litigation or infringement claims; federal or state 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, 2008 and our Quarterly Report on Form 10-Q for the quarter ended June 30, 2009. All forward-looking statements attributable to us or a person acting on our behalf are expressly qualified in their entirety by this cautionary statement.