Radvision Ltd. (RVSN), an end-to-end solution provider for unified visual communications, Tuesday said Taiwanese Original Design Manufacturer for notebooks, Quanta Computer, selected Radvision as the technology provider for its video communications product line.
Radvision said Quanta chose the RADVISION BEEHD video client framework for its out-of-the box video client functionality as well as its framework-level customization flexibility. Radvision said Quanta developers would be enabled to quickly and efficiently embed the RadVision technology into the Quanta devices.
The Quanta unified communications or UC application, called LiveHD, runs on desktop and laptop PCs and features a high quality HD 720p/30fps video call experience as well as desktop-sharing and other advanced collaboration features. The LiveHD client turns any PC into a HD UC endpoint.
Sagin Hsu, associate vice president, Quanta Innovation Center, Business Group of Cloud, Quanta Computer, said," BEEHD offers a unique combination of innovation and simplicity from a development standpoint. Additionally, RADVISION's H.264 Scalable Video Coding (SVC) and NetSense bandwidth adaptation technology enable our video client to sustain a high quality experience regardless of network conditions."
Hsu added, "With this UC solution, Quanta is able to extend its offerings beyond hardware, enabling Quanta's customers to take advantage of LiveHD to empower their users to participate in effective lifelike video meetings regardless of their location and at a truly affordable price point."
Key features and functionality of the LiveHD video client include interoperability with all standards-based H.323 and SIP video systems. Additionally, the client fully supports H.323 and Session Initiation Protocol (SIP) technologies, enabling UC systems to interoperate with traditional video technologies. The LiveHD client will reside on Quanta-manufactured notebooks and tablets.
The LiveHD client will come in two variations - one for PCs and one for tablets.
Quanta Computer is regarded as the world's largest manufacturer for notebook computers and other PC related products. Quanta Group has operation facilities in Asia, Canada, North America, South America, and Europe, with consolidated revenues of about $36 billion for fiscal year 2011, as reported by RadVision.
Earlier this month, Tel Aviv, Israel-headquartered RadVision reported fourth-quarter revenues of $21.8 million compared with $26.6 million in the fourth quarter of 2010. The net loss for the fourth quarter of 2011 was $4.5 million or $0.24 per share. In the year-ago quarter, the company had reported net income of $1.4 million or $0.07 per share.
The company expected to report revenues for the first quarter of 2012 of approximately $17.0 million and a net loss of approximately $7.6 million or $0.41 per share, on a GAAP basis, and $6.8 million or $0.37 per share, on a non-GAAP basis. This compares to revenues in the first quarter of 2011 of $20.8 million and a net loss of $3.3 million or $0.18 per share, on a GAAP basis, and $2.4 million or $0.13 per diluted share, on a non-GAAP basis.
The company had ended the December quarter with about $90.6 million in cash and liquid investments, equivalent to $4.92 per basic share.
RVSN is currently trading at $7.38, down $0.05 or 0.67%, on the Nasdaq. Over the past year, the stock traded in a range of $4.55 - $12.00.
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