POLYCOM SELECTS APPLIED GLOBAL TECHNOLOGIES VCAS AS ITS CONFERENCE SCHEDULING SOLUTION

Polycom buys the AGT developed software package for integration into the Polycom Conference Suite

Rockledge, FL -- February 24, 2003 - Applied Global Technologies, a worldwide provider of reliable and worry-free video communications, announces the sale of its patent-pending software, VCAS, including all source code, intellectual property, and patents to Polycom, the worlds leader in video and voice conferencing, conference bridges, and integrated web collaboration solutions. The Polycom purchase allows Applied Global to focus on its unique ability to provide customized outsource IP conferencing solutions to the marketplace.

   As we have said all along, VCAS is the best scheduling and network management solution on the market today and now Polycom has put its stamp of approval on our teams creation," stated Michael Valletutti, Applied Globals CEO. As we look to the future, this is a win/win for both companies and especially for our mutual customers."

   VCAS was originally developed in 2000 by a team of AGT engineers as a video network scheduling tool for the US Navys worldwide distance learning program. It has become the premier network scheduling and management solution and is currently in use in both the federal and commercial marketplace.

   AGTs success in sales and system integration internationally has allowed us to support a dedicated Research and Development team," added Ben Atha, President of AGTs Research & Development. Our industry leading R&D has been focused for two years on the development of the best network management and scheduling tool on the market."

VCAS includes Network Aware Scheduling, Network Management and Monitoring, and Room Control. Polycom has renamed the product for release within its Polycom Conference Suite software product line.

With this asset acquisition, Polycom extends its market leadership by providing the most comprehensive scheduling and video network management to our customers," said Gary Alt, vice president and general manager of network solutions at Polycom. The Polycom Conference Suite fills a need that many of our customers have requested. The network aware technology in this software suite provides capabilities not found in any other conference scheduling software."

About Applied Global Technologies®

   
Applied Global Technologies® is the worlds only portal to reliable and worry-free video communications with divisions in professional engineering services, software development, integration and customer support services. Applied Global takes the enterprise vision of fully integrated IP networks and applies it as an effective, ROI-centered solution for todays progressive and agile businesses.    

As a one-of-a-kind outsource solution, AGT activates its wealth of experience and skill base to develop solutions that are unique to each customer. In doing so, its customers are able to utilize technology to enhance business objectives without distraction or disruption to core business priorities.

In addition to its work in the commercial marketplace, the ten-year old private corporation provides conferencing solutions to the Pentagon, branches of the US Military and civilian agencies, as well as numerous federal and state government facilities. The companys continued advancement in communications is being felt around the world.

AGT partners with those companies that bring value to its customers. Applied Globals current partners include: Infonet, Polycom, Tandberg, Radvision, and VCON.

Applied Globals international headquarters is located near NASA in Rockledge, FL with field support offices in Atlanta, San Diego, Seattle, Virginia Beach, and Washington, DC.