VIDERÉ CONFERENCING CELEBRATES FOURTH ANNIVERSARY

Expansion Into New York City, Strong Customer Demand and Revenue Growth Highlight Record Year

January 24, 2006

Quincy, MA.­Videré Conferencing, New England’s leading provider of video, audio and web conferencing solutions, announced today that they have completed their fourth year of operations with 50 new customers and a 30 percent increase in revenue over 2004.

Conferencing industry veterans Todd Luttinger, Bill Benoit and Steve Cogliano self-funded the company in 2002 to fill the void in the marketplace for a full-service organization that managed every aspect of the conferencing project, from best practices consultation, to product selection, installation, training, maintenance and support. To date, Videré has implemented more than 200 conferencing projects in the Life Sciences, Education, Legal, Financial and Professional Services industries.

Videré’s 2005 highlights include:

• 50 new customers


• Opened an office in New York City


• New partner relationships


• Continued investment in Technical Support Center and Services Organization

“Videré is clearly meeting a market need for conferencing solutions and services,” said co-founder Steve Cogliano. “Most businesses understand the value and benefits that today’s IP-based conferencing equipment can provide, but they don’t have the time to figure out everything from product selection to installation, training and support. Videré handles every aspect of the project and let’s our customers focus on growing their business.”

Strong Demand from New and Existing Customers
Videré’s customer list represents the core industries in the Boston and New England economy. They have become a leading conferencing solution provider to the healthcare education, legal, financial and professional services industries. Videré continued to win new business from existing customers such as UMASS, Massachusetts Department of Education, Ropes and Gray, Goodwin Procter and Novartis. The company also attracted 50 new customers in 2005, including The Boston Celtics, Nuance Communications and Casella Waste Management.

New York City Expansion in 2005
In early 2005, Videré opened a New York City office at 100 Park Avenue in midtown Manhattan. John R. Swoyer, a twenty year networking industry veteran, was hired as the general manager for the New York City office. Swoyer has held sales and sales management positions with USTelecenters, GTE, VTEL, Convergent Networks and most recently Cetacean Networks.

Videré experienced extremely strong demand from existing customers with New York City locations and also secured many new clients including law firms Ropes & Gray and Chadbourne Parke, New York University School of Medicine, liquor distributor Charmer Sunbelt Group, world famous fashion designer Elie Tahari, Adelphi University and Blue Ridge Capital, an investment company, among others.

Partnership with LifeSize Communications
Videré has established partnerships with the conferencing industry’s leading suppliers in order to provide their customers with the best products on the market today. In May, the company announced it had been selected by LifeSize Communications as their direct regional reseller in the northeast United States. Videré is selling, servicing and supporting LifeSize’s suite of high definition video communications products.

“We are excited to be working with a high caliber partner like Videré," said Craig Malloy, chief executive officer at LifeSize Communications. "The combination of Videré’s vision, industry experience and superior customer service makes them an ideal partner for LifeSize.”

Building Foundation for Future Growth
Videré added eight people to its staff this year in the areas of sales, technical support and customer service. “As a services company, our most valuable asset is our people,” said Todd Luttinger, Videré’s chief executive officer. “Our success in recent years has helped us to attract some really great people with deep experience in the conferencing and networking industries. Their experience, insight and dedication to the customer are the driving force behind our success.”

Videré continues to invest in the infrastructure necessary to service their expanding client roster. In the first quarter of 2005, the company began offering expanded service hours and Managed Services support for mission critical customer applications. They also continued to invest heavily in new equipment to test and support both new and legacy video conferencing hardware. By providing the ability to test legacy equipment, Videré customers can now fully assess their capabilities and requirements before they make an investment in new equipment. Videré also increased its network capacity for both ISDN and IP connectivity.

About Videré
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

For media inquiries, please contact: