Telanetix Launches New I.C.E. Telepresence Product

Friday, Nov 07, 2008

BELLEVUE, Wash., Nov. 6 /PRNewswire-FirstCall/ -- Telanetix, Inc. (OTC BB: TNXI), a leading IP solutions provider offering telepresence and digital phone services to business markets, today announced the launch of a new product for training facilities and large group telepresence sessions. Dubbed "I.C.E.", for "Immersive Collaboration Environment", the product supports an unlimited number of conference participants per site with a flexible room design.

The I.C.E. product brings a fundamental change to the cost-effectiveness of virtual training. To achieve a similar installation, competitors require complex construction that takes months, and requires building permits and actual on-site construction. The I.C.E. product is assembled in 3-4 days at less than half the price of competitors' telepresence room construction. Competitors' telepresence rooms and equipment are priced at approximately $400,000 to $600,000, with annual maintenance fees adding another $150,000 per year. I.C.E. is offered at less than $300,000 and maintenance fees of less than $20,000, representing a savings of 30% to 50%, and a much more rapid deployment timeframe. Customers will save initially on purchase and installation, and on travel related training expenses such as airfare on an ongoing basis.

"With more than 35 airlines out of business so far in 2008 and another 30 in danger according to the head of a major European airline association, Telanetix seems well positioned as organizations look for cost-effective alternatives in managing their global operations," said Howard S. Lichtman, President of the telepresence consultancy Human Productivity Lab and Publisher of Telepresence Options.

"Especially in today's challenging economic environment, organizations need to implement new approaches to increase productivity while reducing costs, " explained Robert Leggio, General Manager of the Telanetix Video Business Unit. "Our new I.C.E. product allows managers to cut their training travel costs while retaining the productivity benefits of their training programs. Our competitors cannot offer this type of innovative solution, since they have limitations on the way their telepresence rooms can be deployed."

The I.C.E. product is available directly from Telanetix and Telanetix certified and authorized integrators and resellers and is available with installation, integration and consulting as required.

Telanetix offers its telepresence service to businesses in a variety of customizable formats, all of which deliver a superior value. For further information, contact Jeff Salzwedel with Salzwedel Financial Services at (503) 722-7300, jeff@sfcinc.com.

Source: PR Newswire