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RADVISION LTD. Tel Aviv, Israel; Latest Contract Moves Tech Firm Into A Higher Income Bracket.(THE NEW AMERICA)
Byline: MARILYN ALVA
In the multibillion dollar defense industry, $8 million barely adds up to pocket change.
Still, it's a lot of money for a smallish company like Radvision. The Israeli firm's technology allows field soldiers and command posts to hold live video and audio conferences over the Internet.
On Nov. 28, Radvision announced that it had won a bid to provide $6 million to $8 million in technology and services to help build out a systemwide, Internet-enabled video teleconferencing system. The system will be used to support defense operations worldwide.
A lot of that conferencing is still run the traditional way: over a telephone network, using voice only.
Radvision's award was the largest single federal outlay for Internet protocol audio and videoconferencing.
"It's a big win for us," said Bob Romano, the company's vice president of enterprise marketing.
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