ACT's Video Conferencing Business Jumps in 2010
Companies become video meeting converts after trying it during recession and travel bans.
- (1888PressRelease) July 28, 2010 - Lakewood, Colo. - ACT Conferencing announced today that it has experienced a significant increase in volume in its video conferencing and ACT Proximity video conference room rentals in the first half of 2010 as more companies seek alternatives to expensive and aggravating business travel. Those using the ACT Proximity video conferencing service have found it to be so convenient that many companies are expanding their use of the technology.
The persistent worldwide economic recession coupled with natural disasters preventing travel, such as the volcanic eruption in Iceland, have required that businesses look for alternative ways to communicate face-to-face with clients, partners, employees and investors. The ease-of-use and clear quality of the video conference have made believers from the video conferencing skeptics. In addition, the ACT Proximity video conferencing room rental service is convenient and affordable, and many businesses tried it for the first time this year.
ACT Proximity is a worldwide network of state-of-the-art video room rental suites. With more than 4,500 public video conference room locations available on an hourly basis, users gain rapid access to affordable virtual meetings without the need to own or operate equipment. Additionally, no contracts or obligations are required. Businesses simply search online for locations and reserve the videoconference rooms that meet their requirements.
"Businesses trying to thrive in this economy can't afford to underestimate the importance of personal relationships and face-to-face conversations, however the rising cost of travel, environmental concerns, and increasing reluctance of employees to be proverbial 'road-warriers' have made high-definition video conferencing a reality," said Marina Bogard, chief sales and marketing officer for ACT Conferencing. "We're seeing double digit growth in reservations from small businesses to Fortune 1000s. We are starting to see the industry reaching critical mass with video conferencing."
ACT Conferencing is growing across all its business lines - audio conferencing, Web conferencing and video conferencing - however the largest jump in 2010 has been in video conferencing.
About ACT Conferencing
Established in 1989, ACT Conferencing is a global provider of audio conferencing, video conferencing, and web conferencing services. ACT's integrated platforms provide managed, international and local-language services. The company is headquartered in Lakewood, Colorado, with operations in Australia, Canada, France, Germany, Hong Kong, Malaysia, Netherlands, Singapore and the UK. For more information, visit www.actconferencing.com.
Cautionary Statements
Statements made in this news release that are not historical facts, such as those discussing future plans and management's beliefs, are forward-looking statements. Actual results may differ materially from those projected in any forward-looking statement. Important factors that could cause actual results to differ materially from those anticipated by any forward-looking information include, but are not limited to, future economic conditions, competitive services and pricing, new competitor entry, availability of financing, the delivery of services under existing contracts and other factors. Such statements are based on management's current expectations, assumptions, estimates and projections about our industry and business and include statements about markets for our products and services, and development and expansion of products. ACT does not expect and disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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