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Unilava Intends to Buy Telepresence Provider HEXA-2

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May 13, 2011

Unilava Intends to Buy Telepresence Provider HEXA-2

By Tammy Wolf, TMCnet Web Editor

In a move to build its already wealthy platform of communication services across multiple devices and software platforms, Unilava (News - Alert) has signed a letter of intent to purchase telepresence solutions provider HEXA-2 Corp.

With the fitting motto, “Telepresent yourself,” HEXA-2 offers telepresence and conferencing solutions ideal for small or large audiences typically present in town hall-style meetings. Its built-in video, VoIP and instant chat provide users with the ability to make live broadcast presentations, feed live video during a presentation, engage and interact with an audience through a video conference, and more.

“A result of vision and years of development… delivering unparalleled unified telepresence services,” as described by HEXA-2 President Steve Remondini, HEXA-2’s potential acquisition by Unilava will aim to enhance the company’s end-user experience through revolutionary and innovative technologies.

“HEXA-2 will bring to Unilava new pillars of tele-presence with unified communications, hence assisting the company's business, and its strategic monetization, supporting its growth,” said Remondini. “Unilava plans to promote and distribute virtual board rooms and virtual meeting halls with enhanced features beyond Skype (News - Alert), GoToMeeting, and WebEx.”

A “synergy” is what brought these two companies together, according to Baldwin Yung, chief executive officer and president of Unilava, who added that broadening the product portfolio, building on the company’s vision and eventually revenue growth will remain as the focus for this potential collaboration.

"Over the past 8 years, we have built a strong customer base delivering communication and marketing tools to businesses,” said Yung. “We are committed to enhancing our business customer user-experience through new and innovative technologies… Through this potential acquisition, we will gain greater momentum in expanding our product portfolio to deliver cutting-edge business services to existing and new customers. This will also accelerate the delivery of our strategic vision to build enterprise value through implementing more advanced technologies to grow our revenue in an attempt to create significant top line revenue and positive EBITDA."

Tammy Wolf is a TMCnet web editor. She covers a wide range of topics, including IP communications and information technology. To read more of her articles, please visit her columnist page.

Edited by Rich Steeves

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