Editorial Contact
Jacey Overton, LifeSize Communications – USA (512) 623-4215 - PR@lifesize.com
Austin, Tex – October 15, 2007 –LifeSize Communications, the global leader in high-definition video communications, announced record sales for the third quarter of 2007. Sales increased more than 32 percent from a record Q2, resulting in year-over-year growth of more than 250 percent. The company enjoyed strong sales growth in all regions and acquired hundreds of new customers, many winning in head-to-head competition.
“Our products are winning in the marketplace, and our customers are enjoying the benefits of telepresence-quality video communications,” said Craig Malloy, CEO and founder, LifeSize Communications. “We compete and win against incumbents when customers upgrade existing video installations, and we’re driving new growth in the industry. About one-third of our customers are new to video.”
LifeSize® systems deliver stunning telepresence-quality video communications – true 1280x720 video at 30 frames per second – over existing broadband networks with as little as 1 Mbps of bandwidth. The result is clear, natural, face-to-face communications across town or across the globe.
Business executives see LifeSize as the right company with the right products at the right time.
“We see a perfect storm creating demand for LifeSize products. We live in a global world where people need to communicate with more customers in more places, but travel can be unbearably inconvenient, time-consuming, expensive and polluting,” said Malloy. “People want face-to-face communications and are looking to video to change the way they work. The market is embracing LifeSize because our products deliver on the promise of video.”
To accelerate the company’s growth, the company will continue to expand its distribution and reseller network and product innovations.
“High definition video communications over IP networks will be the most important growth area in communications technology over the next decade, and LifeSize aims to be the leader in this emerging market,” said Malloy.
LifeSize is a pioneer and world leader in high-definition video collaboration. Designed to make video conferencing truly universal, LifeSize solutions are simple to buy, adopt, support and use. Offering video conferencing systems and software applications as well as a full line of video infrastructure, available on premise or in the cloud, LifeSize is committed to universal video collaboration. With LifeSize, customers can participate in large multi-party HD calls, live streaming and recording, collaboration on any mobile device, on any network, all at the highest level of quality. LifeSize was founded in 2003 and acquired by Logitech in 2009. For more information, visit http://www.lifesize.com.
Note to editors: Photos available at http://www.lifesize.com/press/media_kit.
LifeSize, the LifeSize logo, Logitech, the Logitech logo, and other Logitech marks are trademarks and may be registered. All other trademarks are the property of their respective owners.
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