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Re Agreement

1 Oct 2007 07:00

COMS PLC ("Coms", or "the Company") Polycom appoints VCOMM as UK distributor of business VoIP phones Polycom has appointed VCOMM (UK) Limited ("VCOMM"), a wholly owned subsidiary ofComs plc, as UK distributor for the award-wining Polycom SoundPoint(R) range ofVoIP business phones. Coms aims to make the Polycom business VoIP phones aspervasive in the UK as they are throughout offices and boardrooms in the UnitedStates. The Polycom VoIP business phones will be distributed directly through Coms'sspecialist VoIP distributor VCOMM (UK) Limited. The Polycom VoIP phones willalso be sold as part of Coms's leading business VoIP solution, a hosted serviceaimed at business customers focused on reducing costs and utilisingproductivity-enhanced features; VoIP offers businesses the benefits of asophisticated PBX (Private Branch Exchange) phone system without having toinvest in complex and expensive on-site hardware. "Polycom manufacture the highest quality handsets and they are synonymous withbusiness VoIP services in the United States" says, Terry Martin, Coms's CEO. Headded "entrusting Coms to distribute Polycom phones reflects the confidence thata world-leading telephony company has in our team, our internet telephonyservice and our business capabilities". Under the terms of the agreement, VCOMM and Coms will immediately commencedistributing and selling the SoundPoint(R) range of VoIP business phones andproviding relevant maintenance and customer support. This will generate revenuesduring this financial year. "We are delighted Polycom have chosen us as their distributor in this highgrowth market sector" said Jason Drummond, Executive Chairman, "we expect thiscontract to increase our visibility and accelerate our growth". \* TContact Coms plcRichard Bennett rb@coms.com +44 (0)20 7148 3148 HB CorporateRod Venables or Jon Levinson +44 (0)20 7538 1166 Square1 Consulting LtdMark Longson +44 (0)20 7929 5599\* T Notes for Editors: Juniper Research, a European based provider of telecoms and media relatedbusiness intelligence and research, estimates the global market for VoIPhardware to be worth £2.8 billion by 2007. This figure will be largely due toindividuals and businesses migrating from the existing Public Service TelephoneNetwork (PSTN) to internet telephony services. The award-winning Polycom SoundPoint(R) IP handset range is credited with superbsound quality and a wide range of easy to use business telephony functions,Analyst's believe that the widespread availability of easy to use IP handsets iskey to businesses migrating from PSTN to VoIP service providers. About Coms Coms was founded by Jason Drummond in 2000 with the vision of using the Internetto carry and deliver voice telephone calls. Voice over IP (VoIP) is changing theway consumers and businesses make and receive their telephone calls. Coms offersa low-cost VoIP service that can be combined with services provided by broadbandInternet suppliers to make and receive telephone calls. Coms subscribers canmake high quality calls over the Internet wherever a high-speed Internetconnection is available, including in wireless hotspot as they are allocatedtheir own location free unique user telephone number. Subscription is availablein a range of packages. See www.coms.com for more information. Coms is an Ofcom authorised Public Electronic Communications Network (PECN) anda member of the Internet Telephony Service Providers Association (ITSPA). Coms is listed on the London Stock Exchange AIM market (LSE:COMS) About Polycom Polycom Inc. (NASDAQ:PLCM), capitalised at $2.44B, is the world's leadingprovider of unified collaborative communications solutions, provides a range ofcommunications equipment that enables enterprise users to conduct video, voice,data, and Web communications worldwide. It operates through four segments: VideoCommunications, Voice Communications, Network Systems, and Services. The VideoCommunications segment offers video conferencing products that providecommunication among individuals separated by distance. Video conferencingproducts encompass various offerings from entry level to professional highdefinition products to meet the needs of meeting rooms, including offices,boardrooms, and auditoriums. See www.polycom.com for more information. Copyright Business Wire 2007
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