ATLANTA, Oct. 22, 2012 /PRNewswire/ -- PGi (NYSE: PGI), a global leader in virtual meetings for over 20 years, today announced a new, strategic alliance with AppDirect, a leading cloud service marketplace company, to bring an innovative virtual meeting experience and other cloud-based business applications to small businesses and midsize companies around the world.
Under the terms of this multi-year alliance, AppDirect will offer PGi's cloud-based collaboration solution, iMeet, to its new and existing channel partners for inclusion in their cloud marketplaces. In addition, PGi will refer and resell AppDirect's platform services to its new and existing large channel partners, allowing AppDirect to build and manage cloud services marketplaces on their behalf.
"Every business – from start-up to global enterprise – needs reliable collaboration tools to stay connected and competitive in today's increasingly mobile world," said Boland T. Jones, PGi founder, chairman and CEO. "iMeet was built for the way businesses work today, and it's the ideal solution for enhancing business productivity and growth through more personal and collaborative virtual meetings. By reselling AppDirect's cloud marketplace platform to our global carrier partners, PGi will increase access to iMeet for businesses of all sizes worldwide."
iMeet is PGi's cloud-based collaboration solution that lets people meet face-to-face online from anywhere, anytime on any device. iMeet was designed to drive more personal connections in virtual meetings, and it is commonly used for recruiting interviews, sales presentations, corporate training, team meetings and more. iMeet incorporates the popular tools businesses use to collaborate, such as HD video, social networks and file sharing, and offers a full suite of desktop and mobile meeting apps.
"We're seeing that small businesses prefer to acquire cloud applications in a bundled fashion and from a trusted provider, which is exactly what we've set out to make possible at AppDirect," said Daniel Saks, president and co-CEO, AppDirect. "With the increasing demand for virtual collaboration services, we're thrilled to offer our channel partners the opportunity to include iMeet in their cloud marketplaces."
AppDirect's state-of-the-art platform allows service providers to bundle leading cloud-based services with their traditional offerings. By bundling services, customers get the added convenience of receiving a single bill and accessing a single portal to manage all of their business applications.
"This strategic alliance is significant as PGi is the first collaboration provider to embrace a cloud marketplace as a venue to sell its virtual meeting solutions," said Rob Arnold of Frost & Sullivan. "Marketplace-as-a-service is an emerging cloud category that is going to make it easier than ever for businesses of all sizes to purchase and manage their cloud-based applications."
About Premiere Global Services, Inc. │ PGi PGi has been a global leader in virtual meetings for 20 years. PGi's cloud-based solutions deliver multi-point, real-time virtual collaboration using video, voice and file sharing technologies. PGi solutions are available via desktops, tablets or mobile devices, helping businesses worldwide be more productive, mobile and green. PGi has a global presence in 25 countries and an established base of more than 35,000 enterprise customers, including 75% of the Fortune 100™. In the last five years, PGi has hosted more than 725 million people from 137 countries in over 165 million meetings. For more information, visit PGi at www.pgi.com.
About AppDirect AppDirect is the leading cloud service marketplace company dedicated to revolutionizing the way businesses run. Its award-winning platform connects businesses, brands and developers through a global network of partner marketplaces. Based in San Francisco, AppDirect powers the marketplaces of trusted companies around the globe--including Deutsche Telekom, Bell Canada, Appcelerator and more--and has helped millions of businesses discover, buy and manage the best cloud-based software and services.
Statements made in this press release, other than those concerning historical information, should be considered forward-looking and subject to various risks and uncertainties. Such forward-looking statements are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and are made based on management's current expectations or beliefs as well as assumptions made by, and information currently available to, management. A variety of factors could cause actual results to differ materially from those anticipated in Premiere Global Services, Inc.'s forward-looking statements, including, but not limited to, the following factors: competitive pressures, including pricing pressures; technological changes and the development of alternatives to our services; market acceptance of new cloud-based, virtual meeting services, including our iMeet® and GlobalMeet® services; our ability to attract new customers and to retain and further penetrate our existing customers; risks associated with challenging global economic conditions; price increases from our telecommunications service providers; service interruptions and network downtime; technological obsolescence and our ability to upgrade our equipment or increase our network capacity; concerns regarding the security of transactions; future write-downs of goodwill or other intangible assets; greater than anticipated tax liabilities; restructuring and cost reduction initiatives and the market reaction thereto; our level of indebtedness; risks associated with acquisitions and divestitures; the impact of the sale of our PGiSend business; our ability to protect our intellectual property rights, including possible adverse results of litigation or infringement claims; regulatory or legislative changes, including further government regulations applicable to traditional telecommunications service providers and data privacy; risks associated with international operations and market expansion, including fluctuations in foreign currency exchange rates; and other factors described from time to time in our press releases, reports and other filings with the Securities and Exchange Commission, including but not limited to the "Risk Factors" section of our Annual Report on Form 10-K for the year ended December 31, 2011. All forward-looking statements attributable to us or a person acting on our behalf are expressly qualified in their entirety by this cautionary statement.
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