London and Hackensack, NJ, Mar 6, 2013 - Vidyo, Inc., the first company to deliver personal telepresence, today announced it will be partnering with VVN Networks Ltd, a new joint venture specifically set up to take advantage of the rapidly growing market for video-based collaboration. Using Vidyo’s disruptive technology and offering it as a hosted service, VVN Networks will be able to offer a video conferencing service at industry changing prices without requiring significant investment in infrastructure.
The venture has been founded by two national Vidyo distributors, Neowave (UK) and Videnda Distribution (Ireland), as well as global service provider Vu2Vu Networks (Ireland, USA, South Africa) to meet the cross-border video conferencing demands of enterprises. Combining the complementary skills, expertise and reach of all companies, and with ambitious plans for expansion through the recruitment of additional partners, VVN Networks will provide the global infrastructure required by businesses that operate across multiple countries and regions. Services that will be provided include:
- A secure encrypted video communications service that can be bundled with voice.
- Interconnectivity between legacy systems, providing B2B interoperability. Dedicated private networks can be provided as a managed service upon request.
- Development of partner niche applications by utilizing Vidyo’s powerful full suite of APIs.
“This will not only significantly expand the reach of Vidyo through the distributors but will also create material new streams of revenue for resellers”, said Fraser Dean, Sales Director – UK, Ireland, Benelux & South Africa. “The collaborative force of these seasoned video conferencing distributors provides an exciting and attractive model for accessing high quality and secure video communications services that is best enabled on Vidyo’s infrastructure.”
Whilst VVN Networks will provide White Label service, the product will be individually branded in each region. The product will be available as NeoCloud through NeoWave, Vu2VuClickTM through Vu2Vu Networks; Videnda will be making the cloud service available to selected resellers and service providers.
“Vidyo’s sterling reputation for secure, scalable solutions, as well as its multi-platform approach to video conferencing, was huge incentive for us to collaborate and launch VVN Networks,” said Margaret Brewer, Joint Managing Director of VVN Networks’ leading NeoCloud in the UK, “We’re delighted to have the support of Vidyo in this new venture as we move forward in recruiting additional partners around the world.”
“This partnership brings impressive synergy, combining NeoWave and Videnda’s strong market-driven expertise, with our own technical capabilities.” added Godfrey Fletcher, CEO Vu2Vu Group “We’re all enthusiastic advocates of Vidyo’s technology and we’re excited to be working together to support the broader uptake of video communication.”
About VVN Networks Ltd
VVN Networks Ltd (VVN) has been established to market, sell and support hosted Vidyo solutions on a global basis. It sets the scene for future expansion into new territories either through organic growth or through regional franchises issued through VVN Networks. VVN will welcome partnership enquiries from other potential regional partners. VVN is headquartered in Dublin, Ireland. www.vvnnetworks.com
NeoWave is a UK based telecoms distribution company, with a reseller channel and experience in unified communications including hosted telephony. NeoWave will be branding this service as “NeoCloud”, a platform which enables partners to collect recurring revenues from Video, Voice & Mobile. NeoCloud delivers a total billing and back office management solution equipped with all the tools resellers need to build, bill and track complex modern technologies.www.neo-cloud.co.uk
Vu2Vu is a customer service provider (CSP) for Vidyo Inc., the market leader in Personal Telepresence video conferencing systems. World headquarters for Vu2Vu are in Dublin, Ireland from where it services the European market via its Vu2Vu Ireland subsidiary. Vu2Vu USA, based in Austin, Texas covers the North American market while Vu2Vu South Africa serves the Southern African continent from its base outside Johannesburg, South Africa. www.vu2vu.com
Videnda Distribution Ltd is a specialist trade-only distributor of communications solutions. Videnda focus on advanced VoIP, video, collaboration and IP surveillance solutions that deliver enhanced productivity so that people and organizations can communicate more easily and efficiently. www.videnda.ie
About Vidyo, Inc.
Vidyo, Inc. pioneered Personal Telepresence enabling natural, HD multi-point videoconferences on tablets and smart phones, PCs, Macs and room systems, while providing interoperability with H.323 and SIP endpoints, telepresence solutions and affordable cloud-based broadcast solutions. Learn more at www.vidyo.com, on the Blog or follow @vidyo on Twitter.
The VIDYO logo is a registered trademark of Vidyo, Inc., VIDYO and the trademarks of the VIDYO family of products are trademarks of Vidyo, Inc. and the other trademarks referenced herein are the property of their respective owners.