Network Enterprise Technologies
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VocalTec Communications Ltd. (NASDAQ: VOCLF), is the Internet Phone Company™, delivering Internet dial tone to businesses and homes for multimedia communications worldwide. VocalTec Communications software enables audio, video, data, text and collaborative communications between personal computers and other devices over the Internet. The company is a leader in developing innovative, open standards products that bridge the Internet and the traditional public switched telephone network (PSTN) and drive the convergence of computing and telephone technologies.
VocalTec Communications pioneered the market for Internet telephony with the introduction of Internet Phone® in 1995. For the first time, users of PCs with a sound card, microphone and Internet connection could talk to others with similar systems anywhere in the world with no long-distance charges. It was a watershed development, capturing widespread interest from consumers and business. According to International Data Corp. (IDC), VocalTec Communications has emerged as the clear leader in this market, capturing 94 percent of the $3.5 million market with 500,000 active users in 1995. IDC expects VocalTec Communications to continue to hold the largest share of the Internet telephony market while it grows to an estimated $560 million and 16 million active users by 1999.
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