SOURCE: Videre Conferencing

February 25, 2008 09:00 ET

Videré Conferencing Continues Record Growth in 2007

Focus on High-Touch, Customized, High Definition Videoconferencing Leads to Sixth Year of Exceptional Results: 40% Revenue Growth Over 2006, Nearly 100 New Customers, and Hundreds of HD System Implementations

QUINCY, MA--(Marketwire - February 25, 2008) - Videré Conferencing, a leading provider of next generation High Definition videoconferencing, audiovisual and networked solutions, today announced record growth for 2007, continuing its pace of record year over year expansion since the company's inception in 2002.

In 2007 Videré Conferencing:

--  Increased revenues by 40 percent over 2006, by both securing close to
    100 new customers and significantly expanding many existing customer
    implementations.
    
--  Added customers such as BlackRock, John Hancock, University of Rhode
    Island, Arnold Worldwide, Lifetime Entertainment, Tremblant Capital Group,
    Thacher Proffitt, Camp Dresser McKee (CDM), Massachusetts Department of
    Youth Services, Cleveland Clinic, The MetroHealth System, Crown Equipment,
    Canton Schools, and Kent State University.
    
--  Opened a New York City office/High Definition sales demo location in
    midtown Manhattan; doubled its Quincy, MA headquarters office space, and
    added 11 new employees company-wide.
    
--  Was named to Inc. Magazine's 5000 fastest growing companies and
    highlighted as one of Boston Business Journal's Best Places to Work in
    Massachusetts.
    
--  Installed its 600th High Definition videoconferencing system.
    

"We are very proud of all we have accomplished in our sixth year, especially our ability to bring the clarity of state-of-the-art High Definition videoconferencing to so many organizations," said Videré Co-founder and President Todd Luttinger. "It is our focus on providing high touch, customized, world class videoconferencing combined with outstanding technology savvy and experience that has enabled us to quickly become a leader in the field."

About Videré Conferencing

Videré Conferencing, Inc., headquartered in Quincy, MA with offices in New York City and Cleveland, is a leading provider of next generation High Definition videoconferencing, audiovisual and networked solutions. Leading organizations within financial, legal, technology, professional services, healthcare, entertainment, education and government sectors rely on Videré Conferencing. The founders of Videré -- Todd Luttinger, Bill Benoit and Steve Cogliano -- have many years of collective experience in conferencing systems design, best practices, sales, implementation and support. Videré has partnerships with best-of-breed videoconferencing solutions providers LifeSize, Polycom and Tandberg. For more information, visit www.videreconferencing.com.

Contact Information

  • Press contact:
    Betsey Rogers
    Red Javelin Communications
    603-886-7087
    Email Contact