China Enterprise Netcom and Premiere Global Services Join Forces
On-Demand Audio and Web Conferencing to Allow Chinese Professionals Enhanced Productivity and Reduced Need for Business Travel
(EMAILWIRE.COM, December 18, 2008 ) Hong Kong –– Premiere Global Services (NYSE: PGI), a global provider of on-demand, communication technologies–based business process improvement solutions, today announced it is joining forces with China Enterprise Netcom Corporation Limited (China Entercom), a leading communication solutions organization, to launch conferencing and collaboration solutions into China to give Chinese customers more access to high quality, on-demand, competitive reservationless, event and Web conferencing services. Under the scope of the arrangement, China Entercom will sell Premiere Global’s audio and Web conferencing and Premiere Global will provide technical service and support.
"“The growth potential for audio and web conferencing services in China is truly compelling. Rising awareness and a change in cultural preferences along with strong market expansion is accelerating adoption, leading to rapid growth in new users each year. The total market for web and audio conferencing services in China is forecast to reach $174.1 million by 2013, reflecting a 22.5 percent compound annual growth rate,” said Roopam Jain, Principal Analyst for Conferencing and Collaboration, Frost & Sullivan.
The new relationship between China Entercom and Premiere Global provides the following:
China Entercom will market full-featured, international conferencing and collaboration applications – including reservationless audio, event and Web conferencing – to their China-based customers.
Premiere Global customers doing business in China can leverage China Entercom’s extensive data and voice network including local, national and international toll-free access numbers.
“Globalization continues to be a fact of doing business, so it was important that we reach this milestone with China Entercom to support the multinational conferencing needs of our customers,” said Dennis Choo, Managing Director, Asia Pacific, Premiere Global Services. “Companies worldwide are looking for additional ways to save money in this challenging economy. By working with China Entercom, we can provide our customers around the world with a more cost-effective way to collaborate.”
“By using Premiere Global’s state of the art technology, China Entercom now is able to offer an additional product range to our portfolio. Founded in 2000, China Entercom provides ‘One-Stop Shop’ data network services and solutions that support application-oriented network infrastructure, value-added service, e-commerce, etc. We now look forward to offering conferencing to our clients in China,” said Cherry Sun, Chief Operation Officer, China Entercom.
China Entercom’s major shareholders, China International Trust and Investment Corporation Group (CITIC), and the State-Owned Assets Supervision and Administration Commission (SASAC) have strong financial and government backgrounds. Having full licenses covering multi-communication services operations, China Entercom provides a wide range of telecom services and IT solutions to enterprises throughout the region.
About China Entercom
China Enterprise Communications Limited (China Entercom or CEC) is a value-added telecommunications services and integrated IT solutions provider headquartered in Beijing, China.
CEC was awarded a nationwide IP-VPN service license by China's Ministry of
Industry and Information Technology (MIIT) in Jan. 2008, the first telecom valued-added service license granted to a non-facilities based service provider. CEC has network reach and service capabilities throughout China. CEC has own IP-VPN Point-of-Presence (POP) in 24 cities in China, including dual or multiple POP facilities in tier-one cities like Beijing, Shanghai, Guangzhou and Shenzhen.
For more information, please visit: http://www.china-entercom.com/.
About Premiere Global Services, Inc.
Premiere Global Services, Inc. is a global provider of on-demand, communication technologies-based business process improvement solutions. Our Premiere Global Communications Operating System supports business applications within the following solution sets: Conferencing & Collaboration, Document Solutions, Notifications & Reminders, and eMarketing.
Headquartered in Atlanta, Georgia, and with presence in 23 countries worldwide, Premiere Global delivers solutions to an established customer base of over 50,000 companies, including nearly 95% of the Fortune 500. Additional information can be found at www.premiereglobal.com.
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Forward-looking and cautionary statement
Statements made in this press release, other than those concerning historical information, should be considered forward-looking and subject to various risks and uncertainties. Such forward-looking statements are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and are made based on management's current expectations or beliefs as well as assumptions made by, and information currently available to, management. A variety of factors could cause actual results to differ materially from those anticipated in Premiere Global Services Inc.'s forward-looking statements, including, but not limited to, the following factors: competitive pressures, including pricing pressures; technological change; the development of alternatives to our services; market acceptance of our new services and enhancements; integration of acquired companies; service interruptions; increased financial leverage; our dependence on our subsidiaries for cash flow; continued weakness in our legacy broadcast fax business; foreign currency exchange rates; possible adverse results of pending or future litigation or infringement claims; federal or state legislative or regulatory changes, including government regulations applicable to traditional telecommunications service providers; general domestic and international economic, business or political conditions; a global economic slowdown or changes in the cost or availability of financing; and other factors described from time to time in our press releases, reports and other filings with the SEC, including but not limited to the "Risk Factors" sections of our Annual Report on Form 10-K/A for the year ended December 31, 2007, our Quarterly Reports on Form 10-Q/A for the quarters ended March 31, 2008 and June 30, 2008 and our Quarterly Report on Form 10-Q for the quarter ended September 30, 2008. All forward-looking statements attributable to us or a person acting on our behalf are expressly qualified in their entirety by this cautionary statement.
Issued on behalf of Premiere Global Services
by EBA Communications
For more information, please contact:
Sandy Yu (Premiere Global Services): (852) 2299 9018
(Email: sandy.yu@premiereglobal.com.hk)
Emma Jenkins (EBA): (852) 2537 8022
(Email: emma.jenkins@ebacomms.com)
###
This presss release was issued through GroupWeb EmailWire.Com For more information on unlimited press release distribution for $99/month, go to http://www.emailwire.com
"“The growth potential for audio and web conferencing services in China is truly compelling. Rising awareness and a change in cultural preferences along with strong market expansion is accelerating adoption, leading to rapid growth in new users each year. The total market for web and audio conferencing services in China is forecast to reach $174.1 million by 2013, reflecting a 22.5 percent compound annual growth rate,” said Roopam Jain, Principal Analyst for Conferencing and Collaboration, Frost & Sullivan.
The new relationship between China Entercom and Premiere Global provides the following:
China Entercom will market full-featured, international conferencing and collaboration applications – including reservationless audio, event and Web conferencing – to their China-based customers.
Premiere Global customers doing business in China can leverage China Entercom’s extensive data and voice network including local, national and international toll-free access numbers.
“Globalization continues to be a fact of doing business, so it was important that we reach this milestone with China Entercom to support the multinational conferencing needs of our customers,” said Dennis Choo, Managing Director, Asia Pacific, Premiere Global Services. “Companies worldwide are looking for additional ways to save money in this challenging economy. By working with China Entercom, we can provide our customers around the world with a more cost-effective way to collaborate.”
“By using Premiere Global’s state of the art technology, China Entercom now is able to offer an additional product range to our portfolio. Founded in 2000, China Entercom provides ‘One-Stop Shop’ data network services and solutions that support application-oriented network infrastructure, value-added service, e-commerce, etc. We now look forward to offering conferencing to our clients in China,” said Cherry Sun, Chief Operation Officer, China Entercom.
China Entercom’s major shareholders, China International Trust and Investment Corporation Group (CITIC), and the State-Owned Assets Supervision and Administration Commission (SASAC) have strong financial and government backgrounds. Having full licenses covering multi-communication services operations, China Entercom provides a wide range of telecom services and IT solutions to enterprises throughout the region.
About China Entercom
China Enterprise Communications Limited (China Entercom or CEC) is a value-added telecommunications services and integrated IT solutions provider headquartered in Beijing, China.
CEC was awarded a nationwide IP-VPN service license by China's Ministry of
Industry and Information Technology (MIIT) in Jan. 2008, the first telecom valued-added service license granted to a non-facilities based service provider. CEC has network reach and service capabilities throughout China. CEC has own IP-VPN Point-of-Presence (POP) in 24 cities in China, including dual or multiple POP facilities in tier-one cities like Beijing, Shanghai, Guangzhou and Shenzhen.
For more information, please visit: http://www.china-entercom.com/.
About Premiere Global Services, Inc.
Premiere Global Services, Inc. is a global provider of on-demand, communication technologies-based business process improvement solutions. Our Premiere Global Communications Operating System supports business applications within the following solution sets: Conferencing & Collaboration, Document Solutions, Notifications & Reminders, and eMarketing.
Headquartered in Atlanta, Georgia, and with presence in 23 countries worldwide, Premiere Global delivers solutions to an established customer base of over 50,000 companies, including nearly 95% of the Fortune 500. Additional information can be found at www.premiereglobal.com.
###
Forward-looking and cautionary statement
Statements made in this press release, other than those concerning historical information, should be considered forward-looking and subject to various risks and uncertainties. Such forward-looking statements are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and are made based on management's current expectations or beliefs as well as assumptions made by, and information currently available to, management. A variety of factors could cause actual results to differ materially from those anticipated in Premiere Global Services Inc.'s forward-looking statements, including, but not limited to, the following factors: competitive pressures, including pricing pressures; technological change; the development of alternatives to our services; market acceptance of our new services and enhancements; integration of acquired companies; service interruptions; increased financial leverage; our dependence on our subsidiaries for cash flow; continued weakness in our legacy broadcast fax business; foreign currency exchange rates; possible adverse results of pending or future litigation or infringement claims; federal or state legislative or regulatory changes, including government regulations applicable to traditional telecommunications service providers; general domestic and international economic, business or political conditions; a global economic slowdown or changes in the cost or availability of financing; and other factors described from time to time in our press releases, reports and other filings with the SEC, including but not limited to the "Risk Factors" sections of our Annual Report on Form 10-K/A for the year ended December 31, 2007, our Quarterly Reports on Form 10-Q/A for the quarters ended March 31, 2008 and June 30, 2008 and our Quarterly Report on Form 10-Q for the quarter ended September 30, 2008. All forward-looking statements attributable to us or a person acting on our behalf are expressly qualified in their entirety by this cautionary statement.
Issued on behalf of Premiere Global Services
by EBA Communications
For more information, please contact:
Sandy Yu (Premiere Global Services): (852) 2299 9018
(Email: sandy.yu@premiereglobal.com.hk)
Emma Jenkins (EBA): (852) 2537 8022
(Email: emma.jenkins@ebacomms.com)
###
This presss release was issued through GroupWeb EmailWire.Com For more information on unlimited press release distribution for $99/month, go to http://www.emailwire.com
Contact Information:
Premiere Global Services
Sandy Yu
Tel: (852) 2299 9018
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
Premiere Global Services
Sandy Yu
Tel: (852) 2299 9018
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
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