Interwise is Named Worldwide IP Conferencing Standard for Employees at Swiss Re; Interwise Wins Deal Based on Breadth of Solution, Security, Price and Performance Over More Than a Dozen Hosted and On-Site Vendors

Business Wire, July 24, 2006

CAMBRIDGE, Mass. and LONDON -- Interwise, a global leader in unlimited voice, Web and video conferencing for the enterprise, today announced that Swiss Re, one of the leading global reinsurers, has chosen Interwise Connect(TM) for its corporate-wide Web conferencing technology. Interwise successfully won Swiss Re's business against more than a dozen other hosted and on-site conferencing vendors based on its demonstration of customer-client commitment, security features, functional breadth, pricing and technical superiority. Interwise Connect enables customers to deploy complete conferencing capabilities to every employee for unlimited usage like email, for a fixed price. It accelerates business processes and solves the challenges of connecting distributed and mobile workforces, customers and supply chains.

"We chose Interwise' on-site IP software approach for its ability to provide the full range of business functionality required by our many types of users, its fixed price/unlimited usage model, and its ability to truly meet all of our infrastructure requirements," said John Schurdak, head of group platforms for Swiss Re. "By choosing Interwise, we are able to bring together multiple tools, including bandwidth optimization in one solution. Equally important, Interwise combined the pricing and technology to enable us to give conferencing to everyone in the company, like email."

Swiss Re is geographically disbursed, with approximately 8,800 employees operating from more than 70 offices in 30 countries. To unify its remote teams and optimize business processes throughout its global locations, as well as ensure more secure, consistent and economical communication and collaboration throughout the company, Swiss Re decided to consolidate its multiple conferencing vendors and tools in favor of a single, corporate-wide standard. After an intensive one year evaluation process, Interwise was named Swiss Re's conferencing provider for demonstrating:

--A superior commitment to meeting Swiss Re's business, user and technical needs;

--The ability to provide integrated voice conferencing and Web conferencing from a single platform--allowing users to conduct stand alone telephone conferences, web meetings, eLearning classes and web seminars with one product;

--Bandwidth optimization between Swiss Re's main hubs, especially between the Far East and headquarters in Zurich;

--A fixed price / unlimited usage business model which, together with enterprise-class scalability, allowed Swiss Re to give everyone in the company access to conferencing;

--The most advanced on-site solution--able to integrate fully with the company's existing security, administrative and calendaring systems including Single Sign On, Reverse Proxy, LDAP and Lotus Notes;

--A unique, distributed software architecture designed for flexible deployment, performance and manageability; and

--Self-explicable user interface that is easily learned without large training sessions.

"We are very pleased to have won this milestone relationship with Swiss Re," said Tony Gasson, Vice President of EMEA Operations for Interwise. "We offer technology, business value and an on-going commitment to customers that is unmatched in the industry. The project provided an excellent opportunity to showcase Interwise's market lead in integrating complete conferencing capabilities into clients' business infrastructures, enabling Swiss Re to give unified conferencing to everyone in the company."

Interwise Connect integrates voice, Web and video conferencing within a single application for unlimited audio conferences, Web meetings, virtual classes, Webcasts, broadcasts and on-demand recordings. Deployed as a core business application to all employees, it improves the frequency, speed and quality of both internal and external business activities. It delivers strong cost and business ROI to companies with distributed and mobile workforces, customers and supply chains. Interwise Connect is a leading choice of Global 2000 companies, with more worldwide deployments of 5,000-plus seats than any other enterprise conferencing solution on the market.

About Interwise

Interwise is the leader in delivering unlimited voice, Web, and video conferencing for the enterprise. Interwise' fixed price / unlimited usage business model and enterprise-class technology combine to make it easy for companies to deliver conferencing and collaboration as a core business application, replacing multiple products with a single, integrated solution that can reduce overall conferencing expenses by 50 per cent or more. More importantly, our unique capabilities drive innovation, corporate agility and operational effectiveness by enabling customers to give unlimited conferencing and collaboration to every employee in the enterprise, like email. Interwise sells to and supports customers globally through a direct sales force, distributors, value-added resellers, communications service providers, and network-oriented systems integrators.