FOR IMMEDIATE RELEASEFOR MORE INFORMATION CONTACT:
Linda Freeman or David McGillivray
MediaPhonics, Inc. (508) 870-0901
Jack Wormington
Centurion, Inc. (414) 784-6411
MEDIAPHONICS IS PRESENTING AT RED HERRING'S VENTURE MARKET EUROPE IN LONDON
LONDON - June 2, 1999 - MediaPhonics, the provider of award-winning desktop telephony products, announced today that it has been selected by Web + Print Design of The Red Herring to present at Venture Market Europe this Wednesday, June 2nd at 12:00 AM at the Dorchester Hotel, London, UK. Venture Market Europe is a two-day, executive forum where CEOs of the most promising European and Israeli technology companies reveal their business strategies to technology financiers and other corporate partners.
Frederic James Gentizon, CEO of MediaPhonics, will present a "live demo" of MediaPhonics PhoneRider, a unique integrator enabling the convergence of telephony over the Internet (IP) and PSTN - and it is fully integrated into Windows based applications and totally transparent to users.
Unique product architecture makes the MediaPhonics PhoneRider telephony device particularly well suited for Internet telephony in web enabled call centers & E-commerce. Microsoft TAPI & Intel USB standards compliance and superior call management are features that will also position MediaPhonics in various segments of the emerging call center markets. These include small distributed call centers with remote agents, as well as large call centers requiring logging such as order confirmation, banking and market research.
MediaPhonics target market is huge
There are over 7,000,000 seats in CTI enabled call centers and the market is growing at 20% per year. Industry experts anticipate that between 6 and 10% of the market will migrate to remote agents. This produces a remote agent installed base of $200,000,000 as an immediately addressable market.
E-commerce is in its infancy, and IDC believes it will grow at a CAGR of 79% from 1998 to 2002. Again, experts believe that an Internet voice connection is critical to the success of these sites.
OEM strategy
MediaPhonics is addressing call center market through OEMs and system integrators. Accordingly, substantial marketing contact has been made with majors.
About MediaPhonics
MediaPhonics, whose headquarters are located in Switzerland and in USA, is a company dedicated to delivering state-of-the-art communications products. MediaPhonics designs and markets hardware, firmware and software products for computer telephony applications & networking convergence.
The company has already attracted most eminent venture capital investors and is aggressively seeking further financial interest.