|
FREMONT, Calif.-
July 14, 2003 - Vialta, Inc, (OTC:VLTA) today announced
that Portuguese telecom company PT
Comunicações, S.A has added the Vialta Beamer?videophone
to the list of products and services offered to its
customers.
"This
is a valued added service that will allow our customers
to bring video communications into their homes without
additional taxes and at the same price of a voice call,"
said Álvaro Roquette, COO of PT Comunicações. "Beamer
was chosen for its design and simplicity of installation
and use, but also because it allows the customer to continue
to use their existing telephone, maintaining all the features
that it already has."
"Beamer is a convenient, easy way for people to see their
friends and relatives when they can't visit them in person.
" said Vialta CEO Didier Pietri. "We are very pleased
that PT Comunicações has chosen the Beamer videophone
because it offers quality, value and ease-of-use; and
for making Beamer so readily available to their customers."
Beamer instantly adds video to phone calls, offering users
a better; more personal way to stay connected to the people
they care about. Beamer works with any home phone over
a standard (analog) phone line, and there is no additional
cost to phone calls.
Beamer has received numerous accolades since it was launched
in August 2002, including a "Good
Buy" Award from Good Housekeeping magazine based on
ingenuity, value and exceptional performance. Beamer also
received the Consumer
Electronics Association's 2003 "Best of Innovations" award
in the telephone category for its value to users, aesthetics,
innovative attributes and overall contributions to the
quality of life.
Beamer videophone is currently being offered to PT Comunicações
customers in a package that includes:
- 2 Beamer videophones
- € 99 credit on telephone calls (local, regional
and national calls)
- Special "Amigos 1-1" price plan (a special call
price that gives discounts to a defined telephone
number)
About PT Comunicações, S.A.
PT Comunicações, S.A. is the Portuguese Telecom company
responsible for the fixed communications business. It
offers the market a wide range of telecommunication products
and services that include fixed-call voice, ISDN, IN (Intelligent
Network), Rented Circuits, ADSL, Data Services, Internet,
Videoconference and terminal equipments like DECT phones,
Videophones and PBX among others. In 2002, PT Comunicações
had an income above 2.400 million Euros and is the market
leader with over 4 million clients (that include residential
clients, companies and other operators).
About Vialta
Vialta, Inc. develops, designs and markets unique and
innovative home entertainment and communications products.
Vialta was formed in April 1999 and is publicly traded
on the OTC Bulletin Board under the symbol "VLTA". The
company is headquartered in Fremont, California with offices
in Los Angeles and Hong Kong. More information about Vialta
can be found at www.vialta.com.
Forward-Looking
Statements
The matters discussed in this news release include
certain forward-looking statements that involve risks
and uncertainties, including, but not limited to, the
possible reduction of consumer spending, the timely
availability and acceptance of the Company's new and
existing products, the impact of competitive products
and pricing, the dependence on continued growth in demand
for consumer products, and the other risks detailed
from time to time in the SEC reports of Vialta, including
the reports on Form 10-K and Form 10-Q. Actual results
could differ materially from those projected in the
forward-looking statements.
|
