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VCON Propels the People’s Bank of China’s (PBC) Videoconferencing Initiative
PBC develops China’s largest IP-based videoconference network using VCON’s videoconferencing solutions

February 28, 2001 - VCON (Nouveau Marché No. 022021), the leader in comprehensive networked video over IP solutions has contracted to supply the People’s Bank of China (PBC), the Chinese government’s central banking authority, with the largest IP-based videoconferencing system ever deployed in China.

The PBC developed their IP-based videoconference network to serve major regional offices located across 11 provinces. The initiative is aimed at improving China’s e-banking capabilities and meeting China’s requirements for a progressive communications system.

The deployment involves equipping the business offices of PBC regional branches with 143 VCON MediaConnect 8000 conference room systems along with 28 RadVision Multi-point Control Units (MCU). The VCON Development Kit (VDK™), a software development program will be used to support secondary development.

Full deployment is expected to be complete in the first half of 2001. This project is VCON’s second major deployment for the People’s Bank of China. It follows the successful initial installation of an IP-based videoconferencing project for regional branches of TianJin PBC across 4 provinces on the China National Financial Network (CNFN). To date, People’s Bank of China has purchased a total of 180 MediaConnect 8000 systems as well as 35 MCUs.

Richard Li, Managing Director of VCON China feels that “VCON solutions over PBC’s network will significantly accelerate China’s e-banking initiative. It is another example of VCON’s commitment to lead the Chinese market.” He added, “VCON’s advanced technology and complete videoconference solutions will surely play a greater part in China’s economic growth.”

The PBC has set strict requirements for the implementation of its videoconferencing network, which boasts state-of-art standardisation, openness, reliability, manageability, cost-effectiveness and ease-of-use, while leveraging the existing data infrastructure. Network security is guaranteed and access controlled at no cost to system performance and functionality. In addition, the system is fully scalable to enable future expansion.

“VCON is committed to leading the industry’s transition from circuit switching-based videoconference towards sophisticated IP-based enterprise/business rich media communications, providing complete LAN/Intranet-based multimedia solutions.” stated Dayana Poller, VCON Director of Sales for Asia Pacific..

About VCON http://www.vcon.com


VCON is a developer and manufacturer of a comprehensive range of networked Video over IP solutions. VCON's state-of-the-art, award-winning products are able to provide customers with a high quality of service (QoS) over enterprise IP networks. The company also offers complete meeting solutions for desktop, compact, and group conferencing over ISDN, ATM, Satellite, xDSL and other carriers. The company markets its products and services through a network of reseller partners, OEMs, and value-added resellers worldwide. With headquarters in Israel, VCON has offices in Austin, Chicago, New York, San Jose, Atlanta, Denver, Washington, DC, Mexico City, Germany, Spain, France, the United Kingdom and China. VCON (Sicovam No. 022021) is publicly traded on Le Nouveau Marché.

For additional information, visit VCON's web site at www.vcon.com or
www.vcon.co.uk

For more information contact:

David Shimell
VCON UK Ltd
Tel: 01628 829555
sales@vcon.co.uk

Sue Eyles or Angela Jones

BlueBird Associates Ltd

Tel: 01491 842940

seyles@bluebird-assoc.co.uk


ajones@bluebird-assoc.co.uk

This press release was distributed by ResponseSource Press Release Wire on behalf of Bluebird Associates in the following categories: Consumer Technology, Personal Finance, Business & Finance, Computing & Telecoms, for more information visit https://pressreleasewire.responsesource.com/about.