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Multimedia's Future Billion-Dollar Markets

Telecom-industries Discuss Multimedia-applications in Geneva - IMTC Sees Major Increase in Teleconferencing After September 11 - Market Will Quadruple Within Next Four Years

San Ramon, CA - April 22, 2002 - Some 100 top-experts from the telecom-industries - engineers, marketing-experts and analysts - will meet in Geneva from May 14 to 16 to discuss the latest developments in the use of rich media communications over telecom networks. The meeting is organized by the International Multimedia Telecommunications Consortium (IMTC), an industry organization operating at the cutting edge of high-tech applications for mobile networks, and Wainhouse Research, a publishing/consulting company specializing in rich media communications.

As Dr. Istvan Sebestyen, President of IMTC, points out, the industry has seen a major increase in the use of teleconferencing during the past six months. "After the events of September 11, the need for personal communication without having to travel grew significantly in business and politics. The obvious solution was teleconferencing services, which is the core area of IMTC activities." Although it is unclear whether the current dramatic upsurge in use of teleconferencing will last, it is clear that it will positively influence the long-term development of conferencing services, adds Analyst Andrew Davis, managing partner at Wainhouse Research. "We expect the market for such services to grow from $2.8 billion in the year 2000 to almost 10 billion Dollars by 2006," he added.

In his keynote address on the "Future of voice and video over Internet Protocolers (IP)", Bob Hagerty, CEO of Polycom, leading manufacturer of conferencing equipment, will set the stage for the three day discussions in Geneva, which will address recent technological advances such as the use of multimedia in mobile wireless networks and over the Internet. Field reports will cover experience with conferencing services from prominent users such as Dow Chemical, Pfizer Pharmaceuticals, Asea Brown Boveri, and Schlumberger, world leader in the oilfield services industry. Tony Kula, CEO of German conferencing service provider/integrator MVC will follow with a keynote address that highlights the critical issues from a service provider's concern.

Key issues for the future
The IMTC/Wainhouse Spring Forum 2002 will highlight key issues such as IPv6 (the future addressing system on the Internet, which will provide virtually unlimited Internet address-space, currently a scarce resource), mobile IP, QoS (Quality of service on the Internet, which originally was not designed for real-time multimedia applications), SIP (a more "Internet-like" new protocol expected to support multimedia applications), security data collaboration, device level interoperability and manageability. It will include standard updates, technical reviews of emerging technologies and brainstorming sessions. The meeting will be led by recognized leaders of industry and academia who have a shared interest in the success and advancement of multimedia telecommunications and is a "must attend" event for vendors, conferencing professionals, and others associated with the European conferencing market. The IMTC/Wainhouse Spring Forum 2002 will be held from May 14-16, 2002, at the International Conference Centre of Geneva, Switzerland. Media Representatives are welcome to participate but are kindly requested to register prior to the meeting by e-mail: until May 8 at the latest. For further information and the detailed program please visit our website at or contact Jennifer Fletcher by e-mail: .

About the IMTC
The International Multimedia Telecommunications Consortium (IMTC) is an industry-leading non-profit organization whose mission is to promote, encourage, and facilitate the development and implementation of interoperable multimedia conferencing solutions based on open international standards. The IMTC hosts interoperability testing events and demonstrations throughout the world. Over the past three years. The IMTC has hosted more than 60 interoperability testing events to test T.120, H .320, H.323, H.324, SIP, and Voice over IP products and services with each other. The IMTC Board of Directors includes representatives from Avaya, Cisco Systems, Forgent Networks, France Telecom, Intel, KPN Telecom, Nokia, Polycom, RADVISION, Ridgeway, Siemens AG, Sony, TANDBERG, Telverse, and WorldCom. The San Ramon, California -based consortium comprises more close to 100 member organizations from around the globe. Membership is open to any interested party, including vendors of audio, document, and video conferencing hardware and software; academic institutions; government agencies; and non-profit organizations. The consortium's Web site address is

About Wainhouse Research
Wainhouse Research is the leading independent market research firm focusing on critical issues in the multimedia communications, videoconferencing, teleconferencing, and streaming media fields. The company conducts multi-client as well as custom research studies for industry vendors, consults with end users on key implementation issues, publishes a news bulletin, white papers, and market statistics, and delivers public and private seminars as well as speaker presentations at industry group meetings.