Telanetix Hires Experienced Video Sales Team, Executing Plan to Accelerate Development of Distribution Channel

Thu Oct 9, 8:20 AM

BELLEVUE, Wash., Oct. 9 /PRNewswire-FirstCall/ -- Telanetix Inc. (OTCBB: TNXI.OB), a leading IP solutions provider offering telepresence and VoIP services to business markets, delivers on plan to increase video sales by adding three veteran telepresence sales leaders who will report to J.D. Vaughn, Vice President of Worldwide Video Sales: Brice Drogosch, Western Vice Regional Vice President of Video Sales; Steve Parrish, Eastern Region Vice President of Video Sales; and Linda Bickelman, Director of Channel Development -- Video.

"After 18 years in the video conferencing business, I joined Telanetix because Digital Presence(TM) offers incredible quality and cost advantages and I believe our team can deliver significant improvements to our video sales," said Vaughn. "Over the past year Telanetix's technology and value proposition have generated tremendous interest in the videoconferencing end user and reseller marketplace, delivering superior products at prices 50% or less than the competition. Our goal is to capitalize on that interest by driving sales volumes within the end user and reseller markets. To that end, we are implementing a regional sales program supported by strong channel development and hired expert talent to execute the plan."

"While at Accord Networks, I worked with Drogosch, Parrish and Bickelman to help grow Accord from a start-up position to 80% market share in 28 months. All have held senior sales management and sales leadership roles at key videoconferencing manufacturers including Radvision and Polycom. Their aim will be to develop Telanetix's video distribution channels. Assembling this team is a tremendous win for Telanetix, and I am confident we will generate accelerated video revenue growth in 2009."

Drogosch, 47, has more than 18 years of industry experience having served as Vice President of Sales at Radvision and was a Sales Director responsible for Western Region Sales at Accord Networks and Polycom.

Parrish, 58, has held positions as Vice President for Channels for Polycom and as Regional Vice President for Accord Networks and ViewTech that is now WireOne. Parrish began his video conferencing sales and management career over 20 years ago with DataPoint and CLI.

Bickelman, 58, has actively supported videoconferencing channels for over 18 years. She began her career at Rolm and was instrumental in helping build and support channels at PictureTel, Viewcast, Accord Networks, Trapeze Networks and Polycom.

Telanetix offers its telepresence service to businesses in a variety of customizable formats, all of which deliver a superior value. For further investor information, contact Jeff Salzwedel with Salzwedel Financial Services at (503) 722-7300, jeff@sfcinc.com.

About Telanetix, Inc.

Telanetix is a leading communications solutions provider offering telepresence and voice over IP (VoIP) services to all business market segments. Telanetix solutions meet the real-world communications demands of its customers with an industry-leading value proposition. The company's telepresence offering, called Digital Presence(TM), creates fully immersive and interactive meeting environments that incorporate voice, video and data from multiple locations into a single environment. The company's Voice offerings, marketing under the "AccessLine" brand, give companies flexible calling solutions, a simpler installation experience, and a greater range of support options than traditional telecom providers. Additional information may be found at the Telanetix corporate website, http://www.telanetix.com

Certain statements contained in this press release are "forward-looking statements" within the meaning of applicable federal securities laws, including, without limitation, anything relating or referring to future financial results and plans for future business development activities, and are thus prospective. Forward-looking statements are inherently subject to risks and uncertainties some of which cannot be predicted or quantified based on current expectations. Such risks and uncertainties include, without limitation, the risks and uncertainties set forth from time to time in reports filed by the company with the Securities and Exchange Commission. Although the company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Consequently, future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements contained herein. The companies undertake no obligation to publicly release statements made to reflect events or circumstances after the date hereof.

SOURCE Telanetix Inc.