Triangle Technologies of Ramat-Gan Ssigns Distrinution Agreement Between Accord Networks (Israel) and NisseiI Sangyo (Japan)
 

Triangle Technologies Ltd. announced today that Accord Telecommunications has signed an agreement with Nissei Sangyo Co., Ltd. whereby Nissei Sangyo will become Accord's first distributor in Japan. According [sic] to terms of the deal, Nissei Sangyo will sell Accord's video networking equipment to large corporate customers as well as telecommunications service providers in Japan.
 
"We consider Japan an important market for Accord's Asia-Pacific strategy," stated Eyal Orgil, Accord's sales manager for Japan, "in particular since the market for broad band interactive services in Japan is expected to grow significantly. The agreement with Nissei Sangyo marks Accord's first direct business relationship in Japan and gives us excellent access to the Japanese video conferencing market."
 
"The agreement with Nissei Sangyo is expected to lead to sales worth several million dollars over time", commented Ilan Kieselstein, Triangle Technologies' project manager who is responsible for Accord's activities in Japan as well as other Internet and communication projects. "We believe that Nissei Sangyo is a well-suited partner because of its strength in the corporate market, its support from the Hitachi group, and the dedicated team it established specifically for this project."
 
Accord, of Petach Tikva, has redefined the network conferencing and collaboration industry with its 'next-generation' Multipoint Control Unit (MCU), the MGC-100™, which provides multipoint audio, video and data conferencing solutions. Accord's MGC-100 enables live, interactive audio, video and data communication between two or more conferencing systems. Accord's MCU is the only product in the market that easily integrates ISDN, IP and ATM conferences in a single-platform solution.
 
About Nissei Sangyo

Nissei Sangyo is a trading company which specializes in electronics, scientific instruments, manufacturing systems, and industrial materials. Nissei Sangyo is a member of the Hitachi group and has an annual turnover of over $6.3 billion. Its activities extend to 52 offices in 22 countries. "We at Nissei Sangyo see Accord's technology as the next generation platform for collaborative communications and video conferencing", commented a Nissei Sangyo spokesperson.
 
About Triangle Technologies

Triangle Technologies, with offices in Ramat-Gan and Tokyo, is an Israeli investment bank which forms technology-oriented strategic alliances with Japanese companies. Triangle Technologies' 12 employees specialize in software, multimedia, Internet, health care, biotechnology, and communications. Triangle Technologies has concluded 43 Israel-Japan business agreements, and has raised over $40 million in equity in 14 private placements. Triangle Technologies founder and CEO, Dr. Daniel Isenberg, is also partner in JVP - Jerusalem Venture Partners, a $75 million communications and software fund with investors from the US, Europe, and Japan
   
  About Accord Telecommunications
Accord Telecommunications develops next generation network solutions that are revolutionising the conferencing industry. The company markets and supports multipoint gateway and control systems for the multimedia conferencing industry. The MGC-100 is known world-wide for its robust architecture, sophisticated feature set, ease-of-maintenance, and conference management functions. It is the industry's first MCU to offer a single platform for ISDN, Internet/LAN, and ATM conferencing. It is the industry's first MCU to offer Multi-way Transcoding, Continuous Presence with six different layouts, and integrated T.120. Enabling live, interactive multimedia communications between two or more conferencing endpoints, the MGC-100 supports 8-84 ISDN conference participants, and up to 80 ATM conference participants and Internet/LAN conference participants. All systems use the same card set for easy expansion and investment protection. Accord's MGC products comply with the ITU standards for multimedia conferencing including H.320, H.323, the G series for audio compression and the T.120 standard suite for data transfer and application sharing. For more information, visit the Accord web site at www.accordtelecom.com.
   
  For further information contact:
 
Sigi Gavish
Accord Telecommunications
Tel: (3) 925 1444
E-mail: sigi@accord.co.il
Amir Lewkowicz
Triangle Technologies
Tel: +972-3-575-8636
Fax: +972-3-575-8660
a_lewkowicz@triangletech.com
 
Accord, and MGC-100 are trademarks of Accord Telecommunications, Inc.






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