Web Conferencing on the Rise in Wartime Economy

Travel Costs and Jitters Contribute to Thriving Web Conferencing Industry

Auburn, Calif, December 11, 2002- Throughout 2002, the weak economy has forced many organizations to impose budgetary cutbacks, with travel budgets at the top of many lists. While this is encouraging demand rates within the Web conferencing market, Additional travel restrictions and budgetary restraints following the Sept. 11 attacks and concerns for the safety of key executives are further propelling growth in the web conferencing and real-time collaboration industries. One such company who is experiencing the growth surge is iConfer.com.
The unfortunate events and tragedy of "September 11th marked a significant turning point for business operations in general and provided increased demand in the Web Conferencing Industry." notes Steven Somers, Vice President of iConfer. Since travel was not an option during that uncertain period in our history, companies searched for ways in which to conduct the many demos, training and sales meetings necessary to maintain the status quo. In many of these situations, enterprises turned to Web conferencing to fulfill their presentation and data collaboration needs," Somers says.
In addition to the travel worries facing decision makers on the road, the sluggish US economy has forced many businesses to cut travel costs even more with business travel dropping nearly 9 percent for January-June 2002, according to The Travel Industry Association of America.
"In addition to the significant cost savings associated with web conferencing as opposed to face-face, web conferencing is more efficient for in-person meetings and spontaneous working together," says Steven Somers, VP of iConfer.com. With Web conferencing, people can share documents, personalize meetings and show their face through video conferencing, add transparency annotations over software demonstrations, train and educate their employees and customers, and make interactive presentations to distant groups all over the Globe.
As for the web conferencing realm, iConfer has aggressively carved out a lucrative niche with small to medium firms offering services with benefits similar to big players such as Webex and Placeware, but with costs savings as much as 80% without giving up the rich features.-An enticing draw for businesses on tight budgets.

About iConfer
iConfer is a subsidiary of the TWI Corporation (TWI) is a privately held company located in Auburn, California. TechWrite International has served to provide technical resources, software application development, enterprise solutions and marketing development to high technology organizations since 1997. In recent years focus has shifted to Internet and web solutions leveraging the use of enterprise collaboration, web conferencing, next generation virtual private networks, playerless streaming video, eCRM marketing, digital document management and centralized application streaming technologies. The Board of Directors has recently directed the company to concentrate on the role of providing cost effective outsourcing of Advanced Technical Support services targeting mid-market software and technology companies. The TechCall Network provides quality technical resources and call centers to support your corporate bottom line (www.TechCall.net). For more information about www.iConfer.com and TWI, call Steven Somers at: 530-823-3010, or email: information@twicorp.com.