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V-SPAN and Wire One Technology
Become Wire One Communications, Inc.
Integration Creates
World’s
Leading Provider of End-to-End Video Conferencing
Solutions
Philadelphia, PA (February
22, 2005) – V-SPAN and Wire
One Technology, recently merged following
their acquisitions by Gores Technology Group,
today announce that the newly combined company
will operate as Wire One Communications,
Inc.
V-SPAN is the global collaboration
services provider that delivers audio, video,
web, and streaming solutions for diverse business
applications. The company holds a leadership
position in the industry in the delivery of
successful meetings, regardless of source,
media or content. Wire One Technology is the
leading video conferencing equipment solutions
provider, offering video conferencing and networking
products from top manufacturers such as Polycom
(Accord / PictureTel), TANDBERG, Sony, Cisco,
RADVISION, VCON, and VTEL. They also provide
a comprehensive suite of video, data, and network
services including design, project management,
installation, on-site and remote technical
assistance, training, engineering and maintenance.
“Wire One Communications
is now the world’s leading provider of
reliable end-to-end video conferencing solutions,” said
Rich Ruben, CEO, Wire One Communications. “We
are uniquely able to support our customers
with all of their conferencing needs while
delivering a world class experience.”
The newly integrated company
will help organizations take full advantage
of the power of collaborative technologies
by offering high quality, end-to-end video conferencing
solutions, including professional services,
equipment and networks, maintenance, conference
production and managed services.
“As a newly combined company
we are looking to transform the market by focusing
on our customers and continuing to deliver
high quality solutions and services that enable
organizations to optimize their conferencing
capabilities,” said Leo Flotron, President,
Wire One Communications. “We are now
positioned as the only company who can improve
the performance of a customer’s video
system while decreasing costs.”
About
Wire One Communications, Inc.
Wire One Communications (a combination
of V-SPAN, Inc. and Wire One Technology, Inc.
) is the world’s leading provider of
high quality, reliable, end-to-end video conferencing
solutions that enable organizations to connect,
collaborate and innovate. Organizations across
the globe are taking advantage of collaborative
solutions to improve customer communications,
accelerate new product development, deliver
accessible training solutions, and more. For
more information, call +1-888-448-7726 or visit www.wireone.com.
About Gores Technology
Group, LLC
Founded in 1987, Gores Technology
Group, LLC (“Gores”) is a private
investment firm focused on the technology,
telecommunications, and business services sectors.
The firm combines the seasoned M&A team
of a traditional financial buyer with the operational
expertise and detailed due diligence capabilities
of a strategic buyer. Gores has a long standing
record of creating sustainable value in its
portfolio companies by focusing on customers
and employees, supporting management with operational
expertise and providing the capital required
for growth. Headquartered in Los Angeles, California,
Gores maintains offices in Boulder, Colorado;
Zurich and London. For more information, please
visit www.gores.com.
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