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Vidyo Licenses H.264/SVC Technology to Telepresence Leader Teliris(March 05, 2009)
HACKENSACK, NJ -- (Marketwire) -- 03/05/09 -- Vidyo®, Inc., the first company to deliver video conferencing solutions and technology built upon the most recent video compression standard -- H.264/SVC, today announced that Teliris®, a leading provider of immersive telepresence solutions, has licensed VidyoTechnology(TM) to enhance select elements of its product portfolio.
In addition to this news, Vidyo has also issued two other announcements today: Vidyo Secures $15 Million to Expand Leadership and Vidyo Chosen By Global Leader in Risk Management Solutions.
VidyoTechnology enables Teliris to be among the first companies to deliver telepresence using the latest video standard -- H.264/SVC; a significant advancement over older video technologies that are used by many other telepresence providers.
"We welcome Vidyo into our family of strong and innovative partners," said Marc Trachtenberg, Teliris CEO and co-founder, "and look forward to a long relationship of leveraging Vidyo technology."
"This partnership demonstrates continued adoption of the H.264/SVC standard by visual communications solution providers," said Ofer Shapiro, CEO of Vidyo. "We believe SVC-based HD video communications can open new applications in all variants of the communication experience. We are honored and excited that Teliris has selected our 21st century technology."
About Vidyo, Inc.
Vidyo, Inc., headquartered in Hackensack, NJ, is comprised of some of the industry's best engineers and researchers who have developed the first new video conferencing architecture in decades. Vidyo enables people to communicate effectively by using HD quality video from wherever they happen to be. VidyoConferencing is easy and affordable to use by anyone whenever they want, and deploys simply over any IP network. Leveraging Vidyo's unique intellectual property built upon the new H.264 Scalable Video Coding (SVC) standard, Vidyo delivers the industry's best resilience and lowest latency video conferencing over converged IP networks. Vidyo's technology for OEMs and end-to-end product solutions for organizations are able to support point-to-point and multi-point connections that include a variety of different platforms ranging from Mac & Windows desktops to dedicated room solutions. Learn more at www.vidyo.com.
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