Coms PLC
COMS PLC ("Coms", or "the Company")
Polycom appoints VCOMM as UK distributor of business VoIP phones
Polycom has appointed VCOMM (UK) Limited ("VCOMM"), a wholly owned subsidiary of
Coms plc, as UK distributor for the award-wining Polycom SoundPoint(R) range of
VoIP business phones. Coms aims to make the Polycom business VoIP phones as
pervasive in the UK as they are throughout offices and boardrooms in the United
States.
The Polycom VoIP business phones will be distributed directly through Coms's
specialist VoIP distributor VCOMM (UK) Limited. The Polycom VoIP phones will
also be sold as part of Coms's leading business VoIP solution, a hosted service
aimed at business customers focused on reducing costs and utilising
productivity-enhanced features; VoIP offers businesses the benefits of a
sophisticated PBX (Private Branch Exchange) phone system without having to
invest in complex and expensive on-site hardware.
"Polycom manufacture the highest quality handsets and they are synonymous with
business VoIP services in the United States" says, Terry Martin, Coms's CEO. He
added "entrusting Coms to distribute Polycom phones reflects the confidence that
a world-leading telephony company has in our team, our internet telephony
service and our business capabilities".
Under the terms of the agreement, VCOMM and Coms will immediately commence
distributing and selling the SoundPoint(R) range of VoIP business phones and
providing relevant maintenance and customer support. This will generate revenues
during this financial year.
"We are delighted Polycom have chosen us as their distributor in this high
growth market sector" said Jason Drummond, Executive Chairman, "we expect this
contract to increase our visibility and accelerate our growth".
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Contact
Coms plc
Richard Bennett rb@coms.com +44 (0)20 7148 3148
HB Corporate
Rod Venables or Jon Levinson +44 (0)20 7538 1166
Square1 Consulting Ltd
Mark Longson +44 (0)20 7929 5599
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Notes for Editors:
Juniper Research, a European based provider of telecoms and media related
business intelligence and research, estimates the global market for VoIP
hardware to be worth £2.8 billion by 2007. This figure will be largely due to
individuals and businesses migrating from the existing Public Service Telephone
Network (PSTN) to internet telephony services.
The award-winning Polycom SoundPoint(R) IP handset range is credited with superb
sound quality and a wide range of easy to use business telephony functions,
Analyst's believe that the widespread availability of easy to use IP handsets is
key to businesses migrating from PSTN to VoIP service providers.
About Coms
Coms was founded by Jason Drummond in 2000 with the vision of using the Internet
to carry and deliver voice telephone calls. Voice over IP (VoIP) is changing the
way consumers and businesses make and receive their telephone calls. Coms offers
a low-cost VoIP service that can be combined with services provided by broadband
Internet suppliers to make and receive telephone calls. Coms subscribers can
make high quality calls over the Internet wherever a high-speed Internet
connection is available, including in wireless hotspot as they are allocated
their own location free unique user telephone number. Subscription is available
in a range of packages. See www.coms.com for more information.
Coms is an Ofcom authorised Public Electronic Communications Network (PECN) and
a member of the Internet Telephony Service Providers Association (ITSPA).
Coms is listed on the London Stock Exchange AIM market (LSE:COMS)
About Polycom
Polycom Inc. (NASDAQ:PLCM), capitalised at $2.44B, is the world's leading
provider of unified collaborative communications solutions, provides a range of
communications equipment that enables enterprise users to conduct video, voice,
data, and Web communications worldwide. It operates through four segments: Video
Communications, Voice Communications, Network Systems, and Services. The Video
Communications segment offers video conferencing products that provide
communication among individuals separated by distance. Video conferencing
products encompass various offerings from entry level to professional high
definition products to meet the needs of meeting rooms, including offices,
boardrooms, and auditoriums. See www.polycom.com for more information.
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