Polycom Opens New Unified Communications and Video Collaboration Solution Center in Auckland, New Zealand

AUCKLAND, New Zealand, May 02, 2012 (BUSINESS WIRE) -- --New center offers customers hands-on experience with latest UC and video solutions, from Polycom(R) RealPresence(R) Platform to immersive room systems, mobile, social, and cloud applications Polycom, Inc., PLCM -1.07% the global leader in open standards-based unified communications (UC), today announced that it has established a new solutions center and office in New Zealand, located in Auckland's Central Business District. According to the 2011 Frost & Sullivan NZ Unified Communications market report, New Zealand's unified communications sector was worth $113.3 million in 2010 and is forecast to grow at a compound annual growth rate of 9.3 percent between 2011 and 2017, of which the growth of the video conferencing and collaboration sector is forecast at a CAGR of 15.6 percent. Andre Clarke, New Zealand country manager at Frost & Sullivan commented, "Polycom has experienced strong growth in New Zealand driven by an equally strong demand for video collaboration solutions. New Zealand companies are realising that investing in video solutions starts paying for itself immediately with significant savings in travel costs and improvements in business productivity. Polycom's commitment to providing productivity-enhancing video collaboration solutions gives it strong brand recognition in this rapidly expanding segment." Responding to New Zealand's growing demand for unified communications and video collaboration solutions, the solutions center showcases the latest video, cloud, and mobility solutions. All designed to make video and voice collaboration simple to use, while meeting the diverse and often complex needs of New Zealand business, from large scale enterprise to SMBs and government departments. "Video collaboration is becoming increasingly important and recognized as a mission-critical business solution to remove the barriers of distance and time, creating greater trust and understanding through visual connection. At Polycom we are committed to solving the challenge of being there through the power of video collaboration. Our new solutions center has been designed to offer practical video collaboration solutions that will transform the way people connect and share information whether they are in the office or on the move," said Michael Chetner, vice president Asia Pacific, Polycom. The solutions center will showcase Polycom(R) RealPresence(R) Platform, a comprehensive software infrastructure offering that provides secure, easy-to-use video collaboration across any combination of environments whether on the go, at home, or in the office. It provides an open standards-based foundation for integrating the diverse UC applications and infrastructure in most enterprise environments--from video endpoints to mobile devices to UC communications infrastructure from Microsoft, IBM, Broadsoft, Juniper, and Siemens, to name a few. The Polycom solutions center, located in Auckland's Shortland Street, allows customers and partners to participate in interactive demonstrations to experience the latest innovations in high-definition video, voice, and unified communications solutions. These include Polycom(R) RealPresence(R) Mobile, which delivers the latest mobility solutions, allowing executives to connect face-to-face while on the move to Polycom(R) RealPresence(R) Immersive, high definition (HD) quality immersive telepresence for truly lifelike across the table conversations that improve productivity and decision making. The solutions center further expands Polycom's presence in New Zealand and the Asia Pacific region as a whole, and is the newest addition to Polycom's network of solutions centers around the world, which continues to expand with recent openings in Hong Kong, India, Korea, Moscow, and Sydney. About Polycom Polycom is the global leader in open standards-based unified communications (UC) solutions for telepresence, video, and voice powered by the Polycom(R) RealPresence(R) Platform. The RealPresence Platform interoperates with the broadest range of business, mobile, and social applications and devices. More than 400,000 organizations trust Polycom solutions to collaborate and meet face-to-face from any location for more productive and effective engagement with colleagues, partners, customers, specialists, and prospects. Polycom, together with its broad partner ecosystem, provides customers with the best total cost of ownership, interoperability, scalability, and security for video collaboration, whether on-premises, hosted, or cloud-delivered. Visit www.polycom.com or connect with Polycom on Twitter, Facebook, and LinkedIn. This release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 regarding future events and future demand for our products, including statements regarding the future growth of the UC market in New Zealand. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including the impact of competition on our product sales and for our customers and partners, the impact of increased competition due to consolidation in our industry or competition from companies that are larger or that have greater resources than we do, potential fluctuations in results and future growth rates, risks associated with general economic conditions and external market factors, the market acceptance of Polycom's products and changing market demands, including demands for differing technologies or product and services offerings, and possible delays in the development, availability and shipment of this new joint solution. Many of these risks and uncertainties are discussed in the Company's Annual Report on Form 10-K for the year ended Dec. 31, 2011, and in other reports filed by Polycom with the SEC. Polycom disclaims any intent or obligations to update these forward-looking statements. (C) 2012 Polycom, Inc. All rights reserved. POLYCOM(R), the Polycom "Triangles" logo and the names and marks associated with Polycom's products are trademarks and/or service marks of Polycom, Inc. and are registered and/or common law marks in the United States and various other countries. All other trademarks are property of their respective owners. SOURCE: Polycom, Inc. Polycom, Inc. Michael Rose, +65 9838 1500 michael.rose@polycom.com