November 27 2006
AUSTIN, TX – November 27, 2006 –LifeSize, the high definition video communications company, today announced that The Blackstone Group, a global private investment and advisory firm, has selected LifeSize® Room™ to enable greater collaboration and productivity between its operations in North America, Europe and Asia. LifeSize Room is a high definition video communications product that delivers exceptional video and audio quality at any bandwidth, allowing geographically distributed participants to interact more effectively across distances.
The Blackstone Group has been using videoconferencing for many years, utilizing it to link executives and senior management with staff and business partners around the world. After considering various options – Blackstone decided to upgrade its videoconferencing systems with LifeSize high definition video communications. Blackstone will now use LifeSize products exclusively in a variety of meeting room environments.
“Our first look at LifeSize was earlier this year when we attended a live product demonstration in New York City and our immediate reaction was, ‘This video quality is excellent.’ Since then we have implemented LifeSize Room systems in our New York, Boston, London, Paris, Mumbai and Hong Kong offices,” said Harry Moseley, CIO of The Blackstone Group. “We have been very pleased with LifeSize Room and the value it brings to our organization, as well as the great support from both LifeSize and Videré.”
With assistance from Videré Conferencing, a leading provider of video, audio and web conferencing solutions, Blackstone revamped its conference rooms by installing LifeSize Room high definition video communications systems – creating both small conferencing and larger, boardroom environments.
“We are very excited to be working with Blackstone so they can communicate more effectively with their global offices and partners,” said Craig Malloy, CEO of LifeSize. “Blackstone has also given us invaluable feedback and ideas for additional products and features, making it a true pleasure to partner with such a visionary company.”
LifeSize Room, with its patent-pending industrial design and high definition technology, offers the very best price-to-performance value available on the market. By delivering better video quality at any bandwidth, LifeSize Room enables all types of businesses to benefit from a greatly enhanced user experience through more effective communications.
About The Blackstone Group
The Blackstone Group, a global private investment and advisory firm, was founded in 1985. The firm has raised a total of more than $65 billion for alternative asset investing since its formation, and currently has over 750 people in 10 offices across North America, Europe and Asia. Blackstone’s core businesses include Private Real Estate Investing, Corporate Debt Investing, Hedge Funds, Mutual Fund Management, Private Placement, Marketable Alternative Asset Management, and Investment Banking Advisory Services. Further information is available at http://www.blackstone.com.
Videré Conferencing, Inc. of Quincy, MA specializes in video, audio and Web conferencing and collaboration solutions for the commercial, education, health care and state government markets. Videré’s expertise includes consultation, design, sales, implementation and support of the leading remote meeting and distance learning technologies. The founders of Videré – Todd Luttinger, Bill Benoit and Steve Cogliano – have over 40 years of collective experience in conferencing systems design, sales, implementation and support. For more information, visit www.videreconferencing.com.
LifeSize is a pioneer and world leader in high-definition video collaboration. Designed to make video conferencing truly universal, our full range of open standards-based systems offer enterprise-class, IT-friendly technologies that enable genuine human interaction over any distance. Founded in 2003 and acquired by Logitech in 2009, LifeSize, with its commitment to relentless innovation, continues to extend the highest-quality video conferencing capabilities to anyone, anywhere. For more information, visit http://www.lifesize.com.
LifeSize, the LifeSize logo, Logitech, the Logitech logo, and other Logitech marks are trademarks of Logitech and may be registered. All other trademarks are the property of their respective owners.
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