Video Conference Scheduling and Management Business
The Company is based in the mid-Atlantic and offers a robust multipoint video conferencing scheduling and management software product suite (“Suite”) that manages and controls the most complex multipoint video conferencing environments.
The Suite is a comprehensive, ‘carrier-grade’ product that is scalable, secure, multi-tenant environment and works with all major hardware vendor equipment. Companies and government organizations that use video conferencing must manage a heterogeneous environment because of the various types and makes of equipment, peripherals, software, firmware and networks involved. They include cameras, screens, microphones, terminals, multipoint control units (MCUs), gateways, gatekeepers, border elements, data conversion devices, firewalls, IP networks and Integrated Services Digital Networks (ISDNs). The Suite manages complex, heterogeneous video conferencing networks with multiple entities that require isolation and security. Thus, carriers and services providers use it to manage multiple clients simultaneously with full security.
The Suite also manages all network resources (people, rooms, devices), handles routing and formats, and facilitates device compatibility. The Suite provides Quality of Service (QoS) by verifying availability and reserving, allocating and releasing bandwidth. It provides secure, password-protected video conference management ensuring only invited participants are allowed in the conference. The Suite integrates with disparate next generation IP and legacy Integrated Services Digital Network (ISDN) devices from a multitude of hardware providers. The Suite itself is approximately 2 gigabytes in size and is protected by 4 copyrights.
The benefits of video conferencing are well known and include increased project and product cycle times, reduced travel costs and increased productivity. As the price points of most video conferencing equipment have declined and broadband access to the Internet has proliferated over the past several years, video conferencing has become more economical, and its use has grown. Similarly, as the costs and difficulties of travel have increased, video conferencing has become a large, attractive and growing market.
The Company’s primary customer is the Federal Government where the Company is the recipient of a multi-year contract. Specifically, the Suite is utilized by several Federal Agencies. The Company has also identified schools and local governments as promising future revenue streams.
- Growth & Expansion:
- In addition to licensing new customers to the Suite, upside opportunities for the Company include providing existing customers with Computer Based Training (CBT), failover services, backup services and Telepresence.
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