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Widearea Systems Acquires VC Wizard and Operating Assets of Magicsoft

Mon Mar 17, 2008 11:36am EDT
Reveals Roadmap for VC Wizard
FREDERICK, Md.--(Business Wire)--
Widearea Systems today announced that it has completed the
purchase of the operating assets of Magicsoft, including its flagship
product VC Wizard, a multipoint video conferencing technology.
Widearea Systems plans to immediately support existing VC Wizard
customers, and plans to launch an update, version 7.5, within two
months.

   Choon Shim, president and CEO of Widearea Systems, said, "The VC
Wizard product is a strong complement to our existing video and voice
over IP technology. We have very exciting plans for the products."

   In addition to the near-term update, Widearea Systems has an
18-month product roadmap that will culminate in a new version of VC
Wizard that will incorporate Widearea Systems' leading-edge video and
voice over IP technology and solid 3-tier architecture to improve
reliability, scalability, and security.

   Carl Eckstein, president of Magicsoft, said, "I am so pleased to
put VC Wizard into such capable hands. Widearea Systems has the
resources and technology to take VC Wizard to the next level. We're
confident that our customers will be happy and well-supported now and
in the future."

   David Eiri, of Kaiser Permanente, said, "Widearea Systems has
shared with us their roadmap for VC Wizard, and it's exactly what we'd
like to see happen with the product." Kaiser Permanente has been using
VC Wizard since 2001.

   The timeline for VC Wizard updates includes:

   --  Version 7.5, planned for release in April 2008, will provide
        customers with up-to-date operating systems support, as well
        as updates for problem fixes and minor enhancements.

   --  Version 8.0, planned for Beta/Trial release in August 2008 and
        general release in September 2008, will provide customers with
        improved installation and ease of use, a tool for video
        conference monitoring and management, as well as quality of
        service (QoS) monitoring with network topology and resource
        usage monitoring and reporting.

   --  Version 8.1, planned for Beta/Trial release in December 2008
        and general release in February 2009, will include the
        integration of Widearea Systems revolutionary technology,
        allowing interconnection between intra and extra endpoints
        using the VC Wizard Secure Virtual Network, support for
        servers on Linux and Solaris, support for a new VC Wizard Web
        Client and VC Wizard Windows, a VC Wizard Agent, and support
        for additional video conferencing equipment.

   About Widearea Systems

   Widearea Systems is a convergence technology company located in
Frederick, Maryland, offering in Unified Communication software
products and services. Widearea Systems' V-Contax product dramatically
improves customer satisfaction and revolutionizes the way companies
and their customers interact. For more information visit
www.wideareasystems.com or call (301) 644-3927.

Widearea Systems
Media Contact:
Aduro, LLC
Ellie Whims, 301-696-0318
ellie.whims@theadurogroup.com

Copyright Business Wire 2008



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