Polycom's Robert Hagerty Named ''CEO of the Year'' by Frost & Sullivan for Driving Conferencing and Collaboration Toward Mainstream
Business Editors/High-Tech Writers
PLEASANTON, Calif.--(BUSINESS WIRE)--Jan. 13, 2005--
Hagerty Awarded CEO of the Year in Conferencing and Collaboration
Market for Strong Strategic, Financial and Technological Leadership
Polycom(R), Inc. (NASDAQ:PLCM), the world's leading provider of unified collaborative communications solutions, today announced that Robert Hagerty, Polycom CEO, has been named "CEO of the Year" for the conferencing and collaboration market by industry analyst firm Frost & Sullivan. Hagerty was recognized for his efforts and continued leadership in driving real-time conferencing and collaboration technologies into mainstream use, maintaining solid financial strength for Polycom and continuing to lead technological advancements and overall market share in a competitive marketplace.
"2004 was a significant year for Polycom and for Hagerty with the delivery of its new VSX software product platform for video conferencing, a growing presence in VoIP and the expansion of significant partnerships with companies like Avaya, Microsoft and Nortel Networks," said Roopam Jain, strategic analyst of the conferencing market at Frost & Sullivan. "With continued customer focus, Polycom also helped define a new category in 2004 called 'unified collaborative communications,' which represents the integration of technologies like voice, video and web collaboration with instant messaging and presence detection into a seamless user experience. This has been Hagerty's vision since he joined the company and he has helped Polycom deliver significant milestones in 2004."
Announced Jan. 12 during Frost & Sullivan's 2005 Excellence in Information & Communications Technologies Awards Banquet in Scottsdale, Arizona, the Frost & Sullivan CEO of the Year Award is presented each year to the CEO/Executive who has demonstrated leadership excellence within his/her industry. Gains in market share, decisions that improve earnings and grow the company, as well as leadership that affects observable changes in the industry are common CEO performance measurement criterion and important metrics that Frost & Sullivan uses in the CEO of the Year Award selection process.
"I am flattered to receive this award and am pleased to accept it on behalf of the hardworking employees at Polycom who deliver our vision in innovative and useful solutions to customers and partners every day," said Hagerty. "2004 was a watershed year for our industry as conferencing and collaboration became a critical component to an organization's core network and appreciation shifted to the competitive impact real-time communications has on the bottom line. We continued to innovate in each of our product lines and just as importantly laid the groundwork for delivering unified collaborative communications within our partners' environments. We are fast approaching the tipping point when unified collaborative communications will become mainstream on every device and change not only the way we communicate, but how we work."
About Frost & Sullivan
Frost & Sullivan, a global growth consulting company founded in 1961, partners with clients to create value through innovative growth strategies. The foundation of this partnership approach is our Growth Partnership Services platform, whereby we provide industry research, marketing strategies, consulting and training to our clients to help grow their business. A key benefit that Frost & Sullivan brings to its clients is a global perspective on a broad range of industries, markets, technologies, econometrics, and demographics. With a client list that includes Global 1000 companies, emerging companies, as well as the investment community, Frost & Sullivan has evolved into one of the premier growth consulting companies in the world. For more information, visit www.frost.com.
About Polycom
Polycom, Inc. is the world's technology leader of high-quality, easy-to-use video, voice, data and web conferencing and collaboration solutions. The Polycom Office(TM) is our continued commitment to make distance communications as natural and interactive as being there by providing best-in-class conferencing solutions that are interoperable, integrated and intuitive to the user. The Polycom Office is based on industry standards and supported by an open architecture that promotes interoperability in multi-vendor environments and complements leading network infrastructure platforms. For additional information, call 1-800-POLYCOM (765-9266) or +1-408-526-9000, or visit the Polycom web site at www.polycom.com.
Polycom and the Polycom logo are registered trademarks and Polycom Office and VSX are trademarks of Polycom in the U.S. and various countries. All other trademarks are the property of their respective owners. (C)2005, Polycom, Inc. All rights reserved.
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CONTACT: Polycom, Inc. Kevin Young, 925-924-5706 kyoung@polycom.com
KEYWORD: CALIFORNIA INDUSTRY KEYWORD: HARDWARE SOFTWARE TELECOMMUNICATIONS NETWORKING SOURCE: Polycom, Inc.
Copyright Business Wire 2005
